2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 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
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Belarus-Singapore Trade: In 2022, Belarus exported $12.5M to Singapore. The main products that Belarus exported to Singapore were Antiknock ($6.06M), Concentrated Milk ($4.46M), and LCDs ($378k). Over the past 5 years the exports of Belarus to Singapore have decreased at an annualized rate of 10.3%, from $21.5M in 2017 to $12.5M in 2022.

In 2014, Belarus exported services to Singapore worth $673k, with Computer and information services ($662k) and Insurance services ($11.5k) being the largest in terms of value.

Singapore-Belarus Trade: In 2022, Singapore exported $546k to Belarus. The main products that Singapore exported to Belarus were Refined Petroleum ($249k), Blank Audio Media ($84.1k), and Milling Stones ($37.3k). Over the past 5 years the exports of Singapore to Belarus have decreased at an annualized rate of 50%,  from $17.5M in 2017 to $546k in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $12.5M to Singapore. The main products exported from Belarus to Singapore were Antiknock ($6.06M), Concentrated Milk ($4.46M), and LCDs ($378k). During the last 5 years the exports of Belarus to Singapore have decreased at an annualized rate of 10.3%, from $21.5M in 2017 to $12.5M in 2022.

In 2017, Singapore exported $546k to Belarus. The main products exported from Singapore to Belarus were Refined Petroleum ($249k), Blank Audio Media ($84.1k), and Milling Stones ($37.3k). During the last 5 years the exports of Singapore to Belarus have decreased at an annualized rate of 50%, from $17.5M in 2022 to $546k in 2017.

Exports from Belarus (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Belarus (Flag) (2022)

Latest Data

Trade between Belarus (Flag) and Singapore (Flag)

Belarus Exports

Singapore Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2022, countries that imported more from Belarus than Singapore included Ukraine ($1.29B), Kazakhstan ($827M), and Lithuania ($778M).

In 2022, countries that imported more from Singapore than Belarus included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Belarus - Singapore

Flow
Scale

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

During 2022, Belarus had a large net trade with Singapore in the exports of Chemical Products ($6.15M), Animal Products ($4.49M), and Instruments ($811k).

During 2017, Singapore had a large net trade with Belarus in the exports of Mineral Products ($249k), Machines ($174k), and Stone And Glass ($38.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Singapore+$1.53MConcentrated Milk
Top Product Potential Singapore Belarus+$1.05MRefined 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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Economic Complexity

Competitive Landscape

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

Product Space of Belarus (Flag) and Singapore (Flag) (2022)

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