Belarus / Vietnam

Belarus-Vietnam Trade: In 2022, Belarus exported $48.4M to Vietnam. The main products that Belarus exported to Vietnam were Potassic Fertilizers ($28.1M), Packaged Medicaments ($6M), and Other Measuring Instruments ($3.4M). Over the past 5 years the exports of Belarus to Vietnam have decreased at an annualized rate of 10.1%, from $82.4M in 2017 to $48.4M in 2022.

In 2014, Belarus exported services to Vietnam worth $2.13M, with Insurance services ($2.01M) and Government services, n.i.e. ($119k) being the largest in terms of value.

Vietnam-Belarus Trade: In 2022, Vietnam exported $17M to Belarus. The main products that Vietnam exported to Belarus were Fish Fillets ($5.55M), Rubber Tires ($3.92M), and Machinery Having Individual Functions ($2.85M). Over the past 5 years the exports of Vietnam to Belarus have decreased at an annualized rate of 18%,  from $45.8M in 2017 to $17M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).