Belarus / Ukraine

Belarus-Ukraine Trade: In 2022, Belarus exported $3.4B to Ukraine. The main products that Belarus exported to Ukraine were Refined Petroleum ($703M), Electricity ($100M), and Mixed Mineral or Chemical Fertilizers ($67.7M). Over the past 5 years the exports of Belarus to Ukraine have increased at an annualized rate of 55.5%, from $374M in 2017 to $3.4B in 2022.

In 2014, Belarus exported services to Ukraine worth $2.93M, with Computer and information services ($1.35M), Government services, n.i.e. ($674k), and Royalties and license fees ($602k) being the largest in terms of value.

Ukraine-Belarus Trade: In 2022, Ukraine exported $1.17B to Belarus. The main products that Ukraine exported to Belarus were Soybean Meal ($16.4M), Soybeans ($14.7M), and Hot-Rolled Iron ($11.5M). Over the past 5 years the exports of Ukraine to Belarus have increased at an annualized rate of 10.2%,  from $722M in 2017 to $1.17B in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).