2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
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GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
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 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Belarus-Russia Trade: In 2021, Belarus exported $10.7B 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 103%, from $306M in 2016 to $10.7B 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 $14.5B 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 49.3%,  from $1.96B in 2016 to $14.5B 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 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Belarus exported $10.7B 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 103%, from $306M in 2016 to $10.7B in 2021.

In 2016, Russia exported $14.5B to Belarus. There were not main exports from Russia to Belarus in 2016. During the last 19 years the exports of Russia to Belarus have increased at an annualized rate of 49.3%, from $1.96B in 1997 to $14.5B in 2016.

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

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

Latest Data

Trade between Belarus (Flag) and Russia (Flag)

Belarus Exports

Russia Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Russia
Top Destination
China$101B

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 2022, countries that imported more from Belarus than Russia included Zimbabwe ($52M) and Zambia ($2.98M).

In 2022, countries that imported more from Russia than Belarus included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia (Flag) and Belarus (Flag) (2022)

Comparative Advantage Belarus - Russia

Flow
Scale

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

Potential Exports

Depth
View
Sort By
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

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 (Flag) to Russia (Flag) (2014)

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

Service Trade

Economic Complexity

Competitive Landscape

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.

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

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