2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 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
$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195

About

Belarus-Brazil Trade: In 2023, Belarus exported $415M to Brazil. The main products that Belarus exported to Brazil were Potassic Fertilizers ($392M), Pesticides ($21.9M), and Hand Saws ($551k). Over the past 5 years the exports of Belarus to Brazil have decreased at an annualized rate of 6.68%, from $587M in 2018 to $415M in 2023.

In 2014, Belarus exported services to Brazil worth $2.32M, with Computer and information services ($2.25M), Government services, n.i.e. ($64.4k), and Insurance services ($7.87k) being the largest in terms of value.

Brazil-Belarus Trade: In 2023, Brazil exported $6.36M to Belarus. The main products that Brazil exported to Belarus were Ground Nuts ($4.54M), Aluminium Oxide ($574k), and Other Coloring Matter ($169k). Over the past 5 years the exports of Brazil to Belarus have decreased at an annualized rate of 44.1%,  from $116M in 2018 to $6.36M in 2023.

In 2023, Brazil did not export any services to Belarus.

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belarus exported $415M to Brazil. The main products exported from Belarus to Brazil were Potassic Fertilizers ($392M), Pesticides ($21.9M), and Hand Saws ($551k). During the last 5 years the exports of Belarus to Brazil have decreased at an annualized rate of 6.68%, from $587M in 2018 to $415M in 2023.

In 2018, Brazil exported $6.36M to Belarus. The main products exported from Brazil to Belarus were Ground Nuts ($4.54M), Aluminium Oxide ($574k), and Other Coloring Matter ($169k). During the last 5 years the exports of Brazil to Belarus have decreased at an annualized rate of 44.1%, from $116M in 2023 to $6.36M in 2018.

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

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

Latest Data

Trade between Belarus (Flag) and Brazil (Flag)

Belarus Exports

Brazil Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Brazil
Top Destination
China$106B

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

In 2023, countries that imported more from Belarus than Brazil included Kazakhstan ($757M), Lithuania ($302M), and Azerbaijan ($325M).

In 2023, countries that imported more from Brazil than Belarus included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Belarus - Brazil

Flow
Scale

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

During 2023, Belarus had a large net trade with Brazil in the exports of Chemical Products ($413M), Metals ($568k), and Instruments ($378k).

During 2018, Brazil had a large net trade with Belarus in the exports of Vegetable Products ($4.74M), Chemical Products ($843k), and Metals ($159k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Brazil+$1.65MPesticides
Top Product Potential Brazil Belarus+$1.12MRaw Tobacco

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 Brazil. This means that a dot/product with the flag of Belarus indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Belarus.

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

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