Flag Belarus / Russia Flag

Exports Flag β†’ Flag  (2018): $12.6B, Rnk 1 / 163

Top Product Flag β†’ Flag (2018): $886M, Delivery Trucks

Exports Flag β†’ Flag (2018): $21.6B, Rnk 4 / 187

Top Product Flag β†’ Flag (2018): $6.77B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 0.84, Rnk 35 / 137

Economic Complexity of Flag (2018): ECI 0.6, Rnk 41 / 137

GDP Flag (2018): $59.7B, CURRENT US$
Rnk 78 / 196

GDP GROWTH Flag (2008-2018): -1.81%, CURRENT US$
Rnk 170 / 196

GDP Flag (2018): $1.66T, CURRENT US$
Rnk 11 / 196

GDP GROWTH Flag (2008-2018): -0.2%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $6,290, CURRENT US$
Rnk 99 / 196

GDP PC GROWTH Flag (2008-2018): -1.37%, CURRENT US$
Rnk 151 / 196

GDP PC Flag (2018): $11,289, CURRENT US$
Rnk 69 / 196

GDP PC GROWTH Flag (2008-2018): -2.98%, CURRENT US$
Rnk 157 / 196

Belarus-Russia: In 2018, Belarus exported $12.6B to Russia. The main products exported from Belarus to Russia were Delivery Trucks ($886M), Cheese ($759M), and Bovine Meat ($370M). During the last 21 years the exports of Belarus to Russia have increased at an annualized rate of 19.3%, from $308M in 1997 to $12.6B in 2018. In 2014, Belarus exported services to Russia worth $142M, with Computer and information services ($123M), Insurance services ($9.21M), and Royalties and license fees ($8.27M) being the largest in terms of value.

Russia-Belarus: In 2018, Russia exported $21.6B to Belarus. The main products exported from Russia to Belarus were Crude Petroleum ($6.77B), Petroleum Gas ($2.73B), and Refined Petroleum ($1.28B). During the last 21 years the exports of Russia to Belarus have increased at an annualized rate of 12.1%, from $1.96B in 1997 to $21.6B in 2018. In 2018, Russia exported services to Belarus worth $1.59B, with Construction services ($614M), Transportation ($359M), and Travel ($258M) being the largest in terms of value.

Comparison: In 2018, Belarus ranked 35 in the Economic Complexity Index (ECI 0.84), and 65 in total exports ($33.2B). That same year, Russia ranked 41 in the Economic Complexity Index (ECI 0.6), and 13 in total exports ($427B). In terms of GDP Per Capita, Belarus was ranked 99 with a GDP Per Capita of $6,290, and Russia was ranked 69 with a GDP Per Capita of $11,289.

Bilateral Trade by Products

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Depth
Value

In 2018, Belarus exported $12.6B to Russia. The main products exported from Belarus to Russia were Delivery Trucks ($886M), Cheese ($759M), and Bovine Meat ($370M). During the last 21 years the exports of Belarus to Russia have increased at an annualized rate of 19.3%, from $308M in 1997 to $12.6B in 2018.

In 2018, Russia exported $21.6B to Belarus. The main products exported from Russia to Belarus were Crude Petroleum ($6.77B), Petroleum Gas ($2.73B), and Refined Petroleum ($1.28B). During the last 21 years the exports of Russia to Belarus have increased at an annualized rate of 12.1%, from $1.96B in 1997 to $21.6B in 2018.

Market Competitiveness

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Measure

Belarus
Top Destination
: Russia, $12.6B

Russia
Top Destination
: China, $55.2B

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

In 2018, countries that imported more from Belarus than Russia were Brunei ($2.96M), Fiji ($1.1M), and Chad ($1.12M).

In 2018, countries that imported more from Russia than Belarus were China ($55.2B), Netherlands ($41B), and Germany ($23.3B).

Comparative Advantage Belarus - Russia

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Depth

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

During 2018, Belarus had a large net trade with Russia in the exports of Animal Products ($2.46B), Transportation ($1.72B), and Machines ($1.72B).

During 2018, Russia had a large net trade with Belarus in the exports of Mineral Products ($11B), Metals ($2.56B), and Machines ($2.09B).

Trade Forecasts

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This section shows a forecast for total trade between Belarus and Russia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2014, Belarus exported services to Russia worth $142M, with Computer and information services ($123M), Insurance services ($9.21M), and Royalties and license fees ($8.27M) being the largest in terms of value.

In 2018, Russia exported services to Belarus worth $1.59B, with Construction services ($614M), Transportation ($359M), and Travel ($258M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Belarus has comparative advantage over Russia. Similarly, the more red a dot/product is, the more Russia has comparative advantage over Belarus.