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Pricing

2022
Flag → Flag
Exports $64.7MRnk 27 / 125
2022
Flag → Flag
Top Product $15.8MRaw Iron Bars
2022
Flag → Flag
Exports $34.2MRnk 143 / 224
2022
Flag → Flag
Top Product $4.38MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Belarus-United Kingdom Trade: In 2022, Belarus exported $64.7M to United Kingdom. The main products that Belarus exported to United Kingdom were Raw Iron Bars ($15.8M), Aluminium Bars ($8.74M), and Aluminium Structures ($5.86M). Over the past 5 years the exports of Belarus to United Kingdom have decreased at an annualized rate of 51.4%, from $2.38B in 2017 to $64.7M in 2022.

In 2014, Belarus exported services to United Kingdom worth $51.4M, with Computer and information services ($49.7M), Government services, n.i.e. ($803k), and Insurance services ($612k) being the largest in terms of value.

United Kingdom-Belarus Trade: In 2022, United Kingdom exported $34.2M to Belarus. The main products that United Kingdom exported to Belarus were Motor vehicles; parts and accessories (8701 to 8705) ($4.38M), Silicone ($2.43M), and Non-fillet Frozen Fish ($1.76M). Over the past 5 years the exports of United Kingdom to Belarus have decreased at an annualized rate of 29.5%,  from $196M in 2017 to $34.2M in 2022.

In 2003, United Kingdom exported services to Belarus worth $3.65M, with Travel ($3.65M) being the largest in terms of value.

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $64.7M to United Kingdom. The main products exported from Belarus to United Kingdom were Raw Iron Bars ($15.8M), Aluminium Bars ($8.74M), and Aluminium Structures ($5.86M). During the last 5 years the exports of Belarus to United Kingdom have decreased at an annualized rate of 51.4%, from $2.38B in 2017 to $64.7M in 2022.

In 2017, United Kingdom exported $34.2M to Belarus. The main products exported from United Kingdom to Belarus were Motor vehicles; parts and accessories (8701 to 8705) ($4.38M), Silicone ($2.43M), and Non-fillet Frozen Fish ($1.76M). During the last 5 years the exports of United Kingdom to Belarus have decreased at an annualized rate of 29.5%, from $196M in 2022 to $34.2M in 2017.

Exports from Belarus (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Belarus (Flag) (2022)

Latest Data

Trade between Belarus (Flag) and United Kingdom (Flag)

Belarus Exports

United Kingdom Exports

Market Competitiveness

Color
Belarus
Top DestinationChina$1.6B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Belarus than United Kingdom included Ukraine ($1.29B), Kazakhstan ($827M), and Uzbekistan ($386M).

In 2022, countries that imported more from United Kingdom than Belarus included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Belarus (Flag) (2022)

Comparative Advantage Belarus - United Kingdom

Flow
Scale

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

During 2022, Belarus had a large net trade with United Kingdom in the exports of Metals ($33.4M), Wood Products ($11.9M), and Miscellaneous ($6.3M).

During 2017, United Kingdom had a large net trade with Belarus in the exports of Chemical Products ($7.77M), Transportation ($6.77M), and Machines ($5.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus United Kingdom+$6.79MOther Furniture
Top Product Potential United Kingdom Belarus+$5.99MCars

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

Product Space of Belarus (Flag) and United Kingdom (Flag) (2022)

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