2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

India-Belarus In 2022, India exported $42.7M to Belarus. The main products that India exported to Belarus are Packaged Medicaments ($16.1M), Nitrogen Heterocyclic Compounds ($3.39M), and Fish Fillets ($2.8M). During the last 27 years the exports of India to Belarus have increased at an annualized rate of 9.89%, from $3.35M in 1995 to $42.7M in 2022.

In 2022, India did not export any services to Belarus.

Belarus-India In 2022, Belarus exported $174M to India. The main products that Belarus exported to India were Potassic Fertilizers ($162M), Plastic Building Materials ($3.15M), and Flax Fibers ($2.58M). During the last 27 years the exports of Belarus to India have increased at an annualized rate of 26.2%, from $322k in 1995 to $174M in 2022.

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 2022,  India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B). That same year, Belarus ranked 30 in the Economic Complexity Index (ECI 0.86), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $42.7M to Belarus. The main products exported from India to Belarus were Packaged Medicaments ($16.1M), Nitrogen Heterocyclic Compounds ($3.39M), and Fish Fillets ($2.8M). During the last 27 years the exports of India to Belarus have increased at an annualized rate of 9.89%, from $3.35M in 1995 to $42.7M in 2022.

In 2022, Belarus exported $174M to India. The main products exported from Belarus to India were Potassic Fertilizers ($162M), Plastic Building Materials ($3.15M), and Flax Fibers ($2.58M). During the last 27 years the exports of Belarus to India have increased at an annualized rate of 26.2%, from $322k in 1995 to $174M in 2022.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Belarus
Top Destination
China$1.6B

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 2021, countries that imported more from India than Belarus were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2021, countries that imported more from Belarus than India were Ukraine ($1.29B), Lithuania ($778M), and Kazakhstan ($827M).

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

Comparative Advantage India - Belarus

Flow
Scale

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

During 2022, India had a large net trade with Belarus in the exports of Chemical Products ($27.5M), Animal Products ($4.16M), and Machines ($2.83M).

During 2022, Belarus had a large net trade with India in the exports of Chemical Products ($163M), Plastics and Rubbers ($3.24M), and Textiles ($2.62M).

Service Trade

Bilateral Service Trade

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.

Services Exports from Belarus (Flag) to India (Flag) (2014)

Economic Complexity

Competitive Landscape

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

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

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