2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 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
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

Belarus-Israel Trade: In 2023, Belarus exported $32.5M to Israel. The main products that Belarus exported to Israel were Rapeseed Oil ($10.8M), Insulated Wire ($5.88M), and Processed Fish ($3.34M). Over the past 5 years the exports of Belarus to Israel have decreased at an annualized rate of 19.8%, from $97.8M in 2018 to $32.5M in 2023.

In 2014, Belarus exported services to Israel worth $8.02M, with Computer and information services ($7.21M), Government services, n.i.e. ($627k), and Insurance services ($177k) being the largest in terms of value.

Israel-Belarus Trade: In 2023, Israel exported $10.6M to Belarus. The main products that Israel exported to Belarus were Fruit Juice ($2.73M), Orthopedic Appliances ($2.16M), and Medical Instruments ($1.19M). Over the past 5 years the exports of Israel to Belarus have decreased at an annualized rate of 30.7%,  from $66.1M in 2018 to $10.6M in 2023.

In 2023, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belarus exported $32.5M to Israel. The main products exported from Belarus to Israel were Rapeseed Oil ($10.8M), Insulated Wire ($5.88M), and Processed Fish ($3.34M). During the last 5 years the exports of Belarus to Israel have decreased at an annualized rate of 19.8%, from $97.8M in 2018 to $32.5M in 2023.

In 2018, Israel exported $10.6M to Belarus. The main products exported from Israel to Belarus were Fruit Juice ($2.73M), Orthopedic Appliances ($2.16M), and Medical Instruments ($1.19M). During the last 5 years the exports of Israel to Belarus have decreased at an annualized rate of 30.7%, from $66.1M in 2023 to $10.6M in 2018.

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

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

Latest Data

Trade between Belarus (Flag) and Israel (Flag)

Belarus Exports

Israel Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Israel
Top Destination
United States$20.3B

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

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

In 2023, countries that imported more from Israel than Belarus included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

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

Comparative Advantage Belarus - Israel

Flow
Scale

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

During 2023, Belarus had a large net trade with Israel in the exports of Animal and Vegetable Bi-Products ($11.2M), Foodstuffs ($8.31M), and Machines ($6.21M).

During 2018, Israel had a large net trade with Belarus in the exports of Instruments ($3.52M), Foodstuffs ($2.74M), and Machines ($1.65M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Israel+$2.04MInsulated Wire
Top Product Potential Israel Belarus+$1.36MMedical Instruments

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

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

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