2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 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
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Belarus-Indonesia Trade: In 2023, Belarus exported $75.7M to Indonesia. The main products that Belarus exported to Indonesia were Potassic Fertilizers ($59.2M), Concentrated Milk ($11.9M), and Whey and other milk products ($2.8M). Over the past 5 years the exports of Belarus to Indonesia have decreased at an annualized rate of 20.5%, from $238M in 2018 to $75.7M in 2023.

In 2014, Belarus exported services to Indonesia worth $2.06M, with Royalties and license fees ($2.01M), Computer and information services ($30.8k), and Insurance services ($7.08k) being the largest in terms of value.

Indonesia-Belarus Trade: In 2023, Indonesia exported $13.4M to Belarus. The main products that Indonesia exported to Belarus were Other Electrical Machinery ($10.1M), Dried/Salted/Smoked/Brined Fish ($1.17M), and Coconut Oil ($620k). Over the past 5 years the exports of Indonesia to Belarus have decreased at an annualized rate of 15.2%,  from $30.6M in 2018 to $13.4M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belarus exported $75.7M to Indonesia. The main products exported from Belarus to Indonesia were Potassic Fertilizers ($59.2M), Concentrated Milk ($11.9M), and Whey and other milk products ($2.8M). During the last 5 years the exports of Belarus to Indonesia have decreased at an annualized rate of 20.5%, from $238M in 2018 to $75.7M in 2023.

In 2018, Indonesia exported $13.4M to Belarus. The main products exported from Indonesia to Belarus were Other Electrical Machinery ($10.1M), Dried/Salted/Smoked/Brined Fish ($1.17M), and Coconut Oil ($620k). During the last 5 years the exports of Indonesia to Belarus have decreased at an annualized rate of 15.2%, from $30.6M in 2023 to $13.4M in 2018.

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

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

Latest Data

Trade between Belarus (Flag) and Indonesia (Flag)

Belarus Exports

Indonesia Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from Belarus than Indonesia included Kazakhstan ($757M), Uzbekistan ($509M), and Lithuania ($302M).

In 2023, countries that imported more from Indonesia than Belarus included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Belarus - Indonesia

Flow
Scale

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

During 2023, Belarus had a large net trade with Indonesia in the exports of Chemical Products ($59.9M), Animal Products ($14.7M), and Instruments ($573k).

During 2018, Indonesia had a large net trade with Belarus in the exports of Machines ($10.9M), Animal Products ($1.17M), and Animal and Vegetable Bi-Products ($620k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Indonesia+$12.8MPotassic Fertilizers
Top Product Potential Indonesia Belarus+$327kRaw 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with