Flag Ukraine / Belarus Flag

Exports Flag β†’ Flag  (2018): $1.33B, Rnk 12 / 187

Top Product Flag β†’ Flag (2018): $128M, Soybeans

Exports Flag β†’ Flag (2018): $4.11B, Rnk 2 / 163

Top Product Flag β†’ Flag (2018): $2.09B, Refined Petroleum

Economic Complexity of Flag (2018): ECI 0.6, Rnk 40 / 137

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

GDP Flag (2018): $131B, CURRENT US$
Rnk 57 / 196

GDP GROWTH Flag (2008-2018): -27.2%, CURRENT US$
Rnk 192 / 196

GDP Flag (2018): $59.7B, CURRENT US$
Rnk 78 / 196

GDP GROWTH Flag (2008-2018): -1.81%, CURRENT US$
Rnk 170 / 196

GDP PC Flag (2018): $3,095, CURRENT US$
Rnk 138 / 196

GDP PC GROWTH Flag (2008-2018): -20.4%, CURRENT US$
Rnk 184 / 196

GDP PC Flag (2018): $6,290, CURRENT US$
Rnk 99 / 196

GDP PC GROWTH Flag (2008-2018): -1.37%, CURRENT US$
Rnk 151 / 196

Ukraine-Belarus: In 2018, Ukraine exported $1.33B to Belarus. The main products exported from Ukraine to Belarus were Soybeans ($128M), Other Vegetable Residues ($116M), and Hot-Rolled Iron ($64.3M). During the last 22 years the exports of Ukraine to Belarus have increased at an annualized rate of 2.8%, from $722M in 1996 to $1.33B in 2018.

Belarus-Ukraine: In 2018, Belarus exported $4.11B to Ukraine. The main products exported from Belarus to Ukraine were Refined Petroleum ($2.09B), Petroleum Gas ($243M), and Petroleum Coke ($156M). During the last 22 years the exports of Belarus to Ukraine have increased at an annualized rate of 11.5%, from $374M in 1996 to $4.11B in 2018. 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.

Comparison: In 2018, Ukraine ranked 40 in the Economic Complexity Index (ECI 0.6), and 52 in total exports ($51.2B). That same year, Belarus ranked 35 in the Economic Complexity Index (ECI 0.84), and 65 in total exports ($33.2B). In terms of GDP Per Capita, Ukraine was ranked 138 with a GDP Per Capita of $3,095, and Belarus was ranked 99 with a GDP Per Capita of $6,290.

Bilateral Trade by Products

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Depth
Value

In 2018, Ukraine exported $1.33B to Belarus. The main products exported from Ukraine to Belarus were Soybeans ($128M), Other Vegetable Residues ($116M), and Hot-Rolled Iron ($64.3M). During the last 22 years the exports of Ukraine to Belarus have increased at an annualized rate of 2.8%, from $722M in 1996 to $1.33B in 2018.

In 2018, Belarus exported $4.11B to Ukraine. The main products exported from Belarus to Ukraine were Refined Petroleum ($2.09B), Petroleum Gas ($243M), and Petroleum Coke ($156M). During the last 22 years the exports of Belarus to Ukraine have increased at an annualized rate of 11.5%, from $374M in 1996 to $4.11B in 2018.

Market Competitiveness

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Measure

Ukraine
Top Destination
: Russia, $4.22B

Belarus
Top Destination
: Russia, $12.6B

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

In 2018, countries that imported more from Ukraine than Belarus were Italy ($2.72B), Egypt ($2.53B), and Turkey ($2.38B).

In 2018, countries that imported more from Belarus than Ukraine were Russia ($12.6B), United Kingdom ($3.07B), and Lithuania ($1.11B).

Comparative Advantage Ukraine - Belarus

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Depth

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

During 2018, Ukraine had a large net trade with Belarus in the exports of Foodstuffs ($281M), Metals ($222M), and Vegetable Products ($168M).

During 2018, Belarus had a large net trade with Ukraine in the exports of Mineral Products ($2.57B), Chemical Products ($391M), and Transportation ($264M).

Trade Forecasts

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This section shows a forecast for total trade between Ukraine 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.

Explore Forecasts

Bilateral Service Trade

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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.

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 Ukraine has comparative advantage over Belarus. Similarly, the more red a dot/product is, the more Belarus has comparative advantage over Ukraine.