Updated at 15:00,06-02-2023

Belarus to ramp up industrial output in 2023


Belarus to ramp up industrial output in 2023
Enterprises affiliated with the Industry Ministry are planning to ramp up the production to Br27 billion in 2023, BelTA learned from the press service of the Industry Ministry of Belarus.

In physical terms, enterprises are projected to produce, in particular, 54,000 tractors (of all modifications, including mini-tractos and walk-behind tractors), almost 1,000 dump trucks, 1,700 buses, 850,000 refrigerators/freezers.

In 2023, the exports are projected to exceed $6.2 billion.

"Last year, the enterprises affiliated with the Industry Ministry reported the output of over Br24 billion, which was up by 8% year-on-year. The Industry Ministry is set to export more than $6 billion worth of goods, up by 14.4%. The profitability of sales in the industry is expected to be more than 9%. The industry is operating in the black," the press service said.