In March 2018, Belarus significantly increased soybean meal exports
In March 2018, the exports of soybean meal from Belarus exceeded the import level for the first time in the history of soybean processing in the country. In March 2018, Belarus shipped 35.1 thsd tonnes of soybean meal on foreign markets, up almost 2 times compared with the import volumes of soybean meal in the reporting month (17.6 thsd tonnes), reported the National Statistical Committee of the Republic of Belarus.
According to APK-Inform experts, Belarus reached such results due to the growth of soybean imports for processing in Belarusian enterprises.
It should be noted that Belarus is highly dependent on the imports of soybean meal. Last year, the monthly import volumes totaled nearly 20-30 thsd tonnes.
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