Belarus (BLR) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Belarus-Russia Trade: In 2021, Belarus exported $15.9B to Russia. The main products that Belarus exported to Russia were N/A. Over the past 5 years the exports of Belarus to Russia have increased at an annualized rate of 8.19%, from $10.7B in 2016 to $15.9B in 2021.

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 Trade: In 2021, Russia exported $20.6B to Belarus. The main products that Russia exported to Belarus were N/A. Over the past 5 years the exports of Russia to Belarus have increased at an annualized rate of 7.11%, from $14.6B in 2016 to $20.6B in 2021.

In 2020, Russia exported services to Belarus worth $1.28B, with Construction services ($471M), Transportation ($268M), and Travel ($175M) being the largest in terms of value.

Comparison: In 2023, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Belarus exported $15.9B to Russia. There were not main exports from Belarus to Russia in 2021. During the last 5 years the exports of Belarus to Russia have increased at an annualized rate of 8.19%, from $10.7B in 2016 to $15.9B in 2021.

In 2016, Russia exported $20.6B to Belarus. There were not main exports from Russia to Belarus in 2016. During the last 5 years the exports of Russia to Belarus have increased at an annualized rate of 7.11%, from $14.6B in 2021 to $20.6B in 2016.

Exports from Belarus () to Russia () (2021)

Exports from Russia () to Belarus () (2021)

Latest Data

Trade between Belarus () and Russia ()

Belarus Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$2.6B

Russia
Top DestinationChina$129B

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 2023, countries that imported more from Belarus than Russia included Ukraine ($19.8M), Guyana ($318k), and Andorra ($91k).

In 2023, countries that imported more from Russia than Belarus included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Belarus () (2023)

Comparative Advantage Belarus - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Belarus had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with Belarus in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Belarus Russia+$5.93kPackaged Medicaments

Top Product Potential Russia Belarus+$8.17kCrude Petroleum

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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Bilateral Service Trade

Rus Year

Blr Year

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 2020, Russia exported services to Belarus worth $1.28B, with Construction services ($471M), Transportation ($268M), and Travel ($175M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belarus () to Russia () (2014)

Services Exports from Russia () to Belarus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Belarus () to Russia () (2021)

Exports from Russia () to Belarus () (2021)

Latest Data

Trade between Belarus () and Russia ()

Belarus Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Belarus () (2023)

Comparative Advantage Belarus - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Belarus () to Russia () (2014)

Services Exports from Russia () to Belarus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Belarus () and Russia () (2021)

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