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2019
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Exports
: $123M, Rnk 123 / 219

2019
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Top Product
: $22.3M, Packaged Medicaments

2019
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Exports
: $392M, Rnk 11 / 167

2019
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Top Product
: $347M, Potassic Fertilizers

2019
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Economic Complexity (ECI)
: ECI 0.59, Rnk 44 / 146

2019
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Economic Complexity (ECI)
: ECI 0.89, Rnk 34 / 146

2019
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GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 187

2019
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 GDP
: $63.1B, CURRENT US$
Rnk 76 / 187

2009-2019
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GDP GROWTH
: 24%, CURRENT US$
Rnk 143 / 187

2019
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GDP PC 
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
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GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

2019
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GDP PC 
: $6,663, CURRENT US$
Rnk 91 / 187

2009-2019
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GDP PC GROWTH
: 24.5%, CURRENT US$
Rnk 104 / 187

India-Belarus: In 2019, India exported $123M to Belarus. The main products that India exported to Belarus are Packaged Medicaments ($22.3M), Fish Fillets ($12.3M), and Unpackaged Medicaments ($6.19M). During the last 24 years the exports of India to Belarus have increased at an annualized rate of 16.2%, from $3.35M in 1995 to $123M in 2019.

In 2019, India did not exported services to Belarus.

Belarus-India: In 2019, Belarus exported $392M to India . The main products that Belarus exported to India were Potassic Fertilizers ($347M), Synthetic Filament Tow ($14.6M), and Polyamides ($6.59M). During the last 24 years the exports of Belarus to India have increased at an annualized rate of 34.6%, from $316k in 1995 to $392M in 2019.

In 2014, Belarus exported services to India worth $287k, with Insurance services ($152k), Government services, n.i.e. ($87.9k), and Computer and information services ($46.7k) being the largest in terms of value.

Comparison: In 2019,  India ranked 44 in the Economic Complexity Index (ECI 0.59), and 15 in total exports ($330B). That same year, Belarus ranked 34 in the Economic Complexity Index (ECI 0.89), and 65 in total exports ($31.8B).

Bilateral Trade by Products

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Depth
Value

In 2019, India exported $123M to Belarus. The main products exported from India to Belarus were Packaged Medicaments ($22.3M), Fish Fillets ($12.3M), and Unpackaged Medicaments ($6.19M). During the last 24 years the exports of India to Belarus have increased at an annualized rate of 16.2%, from $3.35M in 1995 to $123M in 2019.

In 2019, Belarus exported $392M to India. The main products exported from Belarus to India were Potassic Fertilizers ($347M), Synthetic Filament Tow ($14.6M), and Polyamides ($6.59M). During the last 24 years the exports of Belarus to India have increased at an annualized rate of 34.6%, from $316k in 1995 to $392M in 2019.

Market Competitiveness

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Measure

India
Top Destination
: United States, $55.3B

Belarus
Top Destination
: Russia, $13.4B

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

In 2019, countries that imported more from India than Belarus were United States ($55.3B), United Arab Emirates ($28.6B), and China ($17.4B).

In 2019, countries that imported more from Belarus than India were Russia ($13.4B), Ukraine ($4.14B), and Lithuania ($1.06B).

Comparative Advantage India - Belarus

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Depth

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

During 2019, India had a large net trade with Belarus in the exports of Chemical Products ($51.3M), Animal Products ($15.6M), and Textiles ($9.09M).

During 2019, Belarus had a large net trade with India in the exports of Chemical Products ($354M), Textiles ($20.3M), and Plastics and Rubbers ($7.67M).

Tariff Section

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

In 2018, the products from India that paid the highest import tariffs to enter Belarus were Food preparations nes (150%) and Grape wines, sparkling (150%).

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

Explore Tariff Data

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

Bilateral Service Trade

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In 2014, Belarus exported services to India worth $287k, with Insurance services ($152k), Government services, n.i.e. ($87.9k), and Computer and information services ($46.7k) 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 India has comparative advantage over Belarus. Similarly, the more red a dot/product is, the more Belarus has comparative advantage over India.