Flag Germany / Belarus Flag

Exports Flag β†’ Flag  (2018): $1.72B, Rnk 61 / 216

Top Product Flag β†’ Flag (2018): $73.1M, Cars

Exports Flag β†’ Flag (2018): $1.46B, Rnk 4 / 163

Top Product Flag β†’ Flag (2018): $810M, Crude Petroleum

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

Economic Complexity of Flag (2018): ECI 0.84, Rnk 35 / 137

Germany-Belarus: In 2018, Germany exported $1.72B to Belarus. The main products exported from Germany to Belarus were Cars ($73.1M), Trailers ($57M), and Tractors ($56.2M). During the last 23 years the exports of Germany to Belarus have increased at an annualized rate of 4.58%, from $615M in 1995 to $1.72B in 2018.

Belarus-Germany: In 2018, Belarus exported $1.46B to Germany. The main products exported from Belarus to Germany were Crude Petroleum ($810M), Sawn Wood ($86.7M), and Iron Wire ($49.6M). During the last 23 years the exports of Belarus to Germany have increased at an annualized rate of 5.88%, from $392M in 1995 to $1.46B in 2018. In 2014, Belarus exported services to Germany worth $44.4M, with Computer and information services ($38M), Government services, n.i.e. ($3.17M), and Insurance services ($2.43M) being the largest in terms of value.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, Belarus ranked 35 in the Economic Complexity Index (ECI 0.84), and 65 in total exports ($33.2B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Germany exported $1.72B to Belarus. The main products exported from Germany to Belarus were Cars ($73.1M), Trailers ($57M), and Tractors ($56.2M). During the last 23 years the exports of Germany to Belarus have increased at an annualized rate of 4.58%, from $615M in 1995 to $1.72B in 2018.

In 2018, Belarus exported $1.46B to Germany. The main products exported from Belarus to Germany were Crude Petroleum ($810M), Sawn Wood ($86.7M), and Iron Wire ($49.6M). During the last 23 years the exports of Belarus to Germany have increased at an annualized rate of 5.88%, from $392M in 1995 to $1.46B in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Belarus
Top Destination
: Russia, $12.6B

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

In 2018, countries that imported more from Germany than Belarus were United States ($132B), France ($121B), and China ($109B).

In 2018, countries that imported more from Belarus than Germany were Kyrgyzstan ($122M).

Comparative Advantage Germany - Belarus

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Depth

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

During 2018, Germany had a large net trade with Belarus in the exports of Machines ($645M), Transportation ($265M), and Chemical Products ($249M).

During 2018, Belarus had a large net trade with Germany in the exports of Mineral Products ($820M), Metals ($189M), and Wood Products ($145M).

Tariff Section

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This sections shows import tariffs for products traded between Germany and Belarus (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter Belarus were Sugar beet (178%) and Whey (173%).

In 2018, the products from Belarus that paid the highest import tariffs to enter Germany were Undenatured ethyl alcohol > 80% by volume (100%) and Ethyl alcohol and other spirits, denatured (100%).

Explore Tariff Data

*The tariffs present between Germany and Belarus are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Germany and Belarus. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Bilateral Service Trade

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In 2014, Belarus exported services to Germany worth $44.4M, with Computer and information services ($38M), Government services, n.i.e. ($3.17M), and Insurance services ($2.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Belarus. Similarly, the more red a dot/product is, the more Belarus has comparative advantage over Germany.