Increased minimum export prices for milk from Belarus.
Adjusted Export Prices for Belarusian Dairy Products under Foreign Trade Contracts
The Ministry of Agriculture and Food of Belarus has made revisions to the maximum minimum prices for domestic dairy products sold under foreign trade contracts, effective from May 23.
According to Decree No. 40 issued on May 21, the minimum prices for a specific dairy product have been revised for all countries, except Russia. This product consists of milk and cream, in solid forms with a fat content exceeding 1.5%, devoid of added sugar or sweeteners. The revised minimum export price for this product is now $4.2 per kilogram, an increase of $0.5.
It is noteworthy that in April, Belarusian dairy products exported to Russia saw a reduction in minimum export prices for the first time in two years.
In the broader context, Belarusian dairy exports have witnessed robust growth, with exchange exports reaching $205 million in the initial four months of 2025, representing a 29% year-over-year increase. Milk powder serves as the leading export, accounting for 61% of these transactions.
The European dairy market has experienced fluctuations, with milk prices rising early in 2025, followed by predictions of slight declines for some derivatives like whole milk powder. On a global scale, milk supply is anticipated to expand due to favorable feed costs and weather conditions. However, it's essential to note that the EU has imposed tariffs on certain agricultural products from Belarus, which may impact trade dynamics, though specific details concerning dairy products remain undisclosed.
For accurate and detailed information on the export price adjustments by the Ministry of Agriculture and Food of Belarus, official Belarusian government sources or trade reports are recommended for consultation.
- The adjustments in the export prices for Belarusian dairy products under foreign trade contracts, as declared by the Ministry of Agriculture and Food, may significantly impact the local industry, particularly in the finance and business sectors.
- As the European dairy market and global milk supply show signs of fluctuation and expansion, it becomes crucial for Belarusian dairy businesses to keep abreast of the latest finance and industry trends, including export price adjustments, to maintain their competitive edge.
