Belarus-India Trade: In 2022, Belarus exported $174M to India. The main products that Belarus exported to India were Potassic Fertilizers ($162M), Plastic Building Materials ($3.15M), and Flax Fibers ($2.58M). Over the past 5 years the exports of Belarus to India have decreased at an annualized rate of 9.38%, from $285M in 2017 to $174M in 2022.
In 2014, Belarus exported services to India worth $287k, with Insurance services ($152k), Government services, n.i.e. ($87.9k), and Computer and information services ($46.7k) being the largest in terms of value.
India-Belarus Trade: In 2022, India exported $42.7M to Belarus. The main products that India exported to Belarus were Packaged Medicaments ($16.1M), Nitrogen Heterocyclic Compounds ($3.39M), and Fish Fillets ($2.8M). Over the past 5 years the exports of India to Belarus have decreased at an annualized rate of 15.8%, from $101M in 2017 to $42.7M in 2022.
In 2022, India did not export any services to Belarus.
Comparison: In 2022, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).