Foreign Trade of the Republic of Belarus in the International Business Environment

The aim of the paper is to assess the current state, problems and prospects for the development of foreign trade in the Republic of Belarus in the international business environment. The evaluation of foreign trade indicators is based on information from different sources and on comparative economic...

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Main Authors: Hrechyshkina Olena, Samakhavets Maryia
Format: Article
Language:English
Published: Nicolaus Copernicus University in Toruń 2019-06-01
Series:Bulletin of Geography. Socio-Economic Series
Subjects:
Online Access:https://doi.org/10.2478/bog-2019-0014
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author Hrechyshkina Olena
Samakhavets Maryia
author_facet Hrechyshkina Olena
Samakhavets Maryia
author_sort Hrechyshkina Olena
collection DOAJ
description The aim of the paper is to assess the current state, problems and prospects for the development of foreign trade in the Republic of Belarus in the international business environment. The evaluation of foreign trade indicators is based on information from different sources and on comparative economic analysis research methods. Our results indicate the export-oriented economy of the Republic of Belarus, and its dependence on the state of foreign markets and the international business environment. The identified problems in the development of Belarusian merchandise exports are due to the orientation towards primary products, and to poor diversification of products and geographical destination. Particular attention is paid to the internal and external factors restraining exports from the Republic of Belarus. Further development requires the full use of the Belarusian export potential and the implementation of measures to promptly resolve the export difficulties on international markets that stem from internal and external factors.
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institution Kabale University
issn 2083-8298
language English
publishDate 2019-06-01
publisher Nicolaus Copernicus University in Toruń
record_format Article
series Bulletin of Geography. Socio-Economic Series
spelling doaj-art-5982fd9a88fc4eeebc42b04f7cdc9cdf2025-08-20T03:56:12ZengNicolaus Copernicus University in ToruńBulletin of Geography. Socio-Economic Series2083-82982019-06-014444475510.2478/bog-2019-0014bog-2019-0014Foreign Trade of the Republic of Belarus in the International Business EnvironmentHrechyshkina Olena0Samakhavets Maryia1Polessky State University, Economic Faculty, Historical and Cultural Heritage Department, Kulikova Street, 27, Pinsk, 225710, BelarusPolessky State University, Banking Faculty, Finance Department, Kirova Street, 24, Pinsk, 225710, BelarusThe aim of the paper is to assess the current state, problems and prospects for the development of foreign trade in the Republic of Belarus in the international business environment. The evaluation of foreign trade indicators is based on information from different sources and on comparative economic analysis research methods. Our results indicate the export-oriented economy of the Republic of Belarus, and its dependence on the state of foreign markets and the international business environment. The identified problems in the development of Belarusian merchandise exports are due to the orientation towards primary products, and to poor diversification of products and geographical destination. Particular attention is paid to the internal and external factors restraining exports from the Republic of Belarus. Further development requires the full use of the Belarusian export potential and the implementation of measures to promptly resolve the export difficulties on international markets that stem from internal and external factors.https://doi.org/10.2478/bog-2019-0014foreign tradebelarus, merchandiseservicesexports, imports
spellingShingle Hrechyshkina Olena
Samakhavets Maryia
Foreign Trade of the Republic of Belarus in the International Business Environment
Bulletin of Geography. Socio-Economic Series
foreign trade
belarus, merchandise
services
exports, imports
title Foreign Trade of the Republic of Belarus in the International Business Environment
title_full Foreign Trade of the Republic of Belarus in the International Business Environment
title_fullStr Foreign Trade of the Republic of Belarus in the International Business Environment
title_full_unstemmed Foreign Trade of the Republic of Belarus in the International Business Environment
title_short Foreign Trade of the Republic of Belarus in the International Business Environment
title_sort foreign trade of the republic of belarus in the international business environment
topic foreign trade
belarus, merchandise
services
exports, imports
url https://doi.org/10.2478/bog-2019-0014
work_keys_str_mv AT hrechyshkinaolena foreigntradeoftherepublicofbelarusintheinternationalbusinessenvironment
AT samakhavetsmaryia foreigntradeoftherepublicofbelarusintheinternationalbusinessenvironment