2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$7,829CURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Belarus-Belgium Trade: In 2023, Belarus exported $4.91M to Belgium. The main products that Belarus exported to Belgium were Seats ($1.86M), Flax Fibers ($839k), and Machinery Having Individual Functions ($757k). Over the past 5 years the exports of Belarus to Belgium have decreased at an annualized rate of 51.5%, from $183M in 2018 to $4.91M in 2023.

In 2014, Belarus exported services to Belgium worth $3.62M, with Royalties and license fees ($2.01M), Computer and information services ($1.33M), and Government services, n.i.e. ($256k) being the largest in terms of value.

Belgium-Belarus Trade: In 2023, Belgium exported $96.8M to Belarus. The main products that Belgium exported to Belarus were Cars ($11.7M), Animal Food ($8.62M), and Nonaqueous Paints ($7.98M). Over the past 5 years the exports of Belgium to Belarus have decreased at an annualized rate of 10.3%,  from $231M in 2018 to $96.8M in 2023.

In 2004, Belgium exported services to Belarus worth $1.36M, with Services not allocated ($1.36M) being the largest in terms of value.

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belarus exported $4.91M to Belgium. The main products exported from Belarus to Belgium were Seats ($1.86M), Flax Fibers ($839k), and Machinery Having Individual Functions ($757k). During the last 5 years the exports of Belarus to Belgium have decreased at an annualized rate of 51.5%, from $183M in 2018 to $4.91M in 2023.

In 2018, Belgium exported $96.8M to Belarus. The main products exported from Belgium to Belarus were Cars ($11.7M), Animal Food ($8.62M), and Nonaqueous Paints ($7.98M). During the last 5 years the exports of Belgium to Belarus have decreased at an annualized rate of 10.3%, from $231M in 2023 to $96.8M in 2018.

Exports from Belarus (Flag) to Belgium (Flag) (2023)

Exports from Belgium (Flag) to Belarus (Flag) (2023)

Latest Data

Trade between Belarus (Flag) and Belgium (Flag)

Belarus Exports

Belgium Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Belgium
Top Destination
France$85.6B

This map shows whether countries import more from Belarus or Belgium. Each country is colored based on the difference in imports they receive from Belarus and Belgium or the difference in the growth in imports.

In 2023, countries that imported more from Belarus than Belgium included Kazakhstan ($757M), Uzbekistan ($509M), and Azerbaijan ($325M).

In 2023, countries that imported more from Belgium than Belarus included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

Difference in imports from Belgium (Flag) and Belarus (Flag) (2023)

Comparative Advantage Belarus - Belgium

Flow
Scale

This chart compares trade between Belarus and Belgium by product, considering products traded by both, Belarus and Belgium.

During 2023, Belarus had a large net trade with Belgium in the exports of Miscellaneous ($1.96M), Machines ($1.03M), and Vegetable Products ($889k).

During 2018, Belgium had a large net trade with Belarus in the exports of Chemical Products ($40.5M), Plastics and Rubbers ($15.7M), and Transportation ($12.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Belgium+$6.82MPotassic Fertilizers
Top Product Potential Belgium Belarus+$14.6MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belarus and Belgium. This means that a dot/product with the flag of Belarus indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Belarus.

Product Space of Belarus (Flag) and Belgium (Flag) (2023)

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