Crude Petroleum in Belarus

EXPORTS (2018): $812M, World Rnk 46 / 120
Flag Rnk 4 / 1098

TOP DESTINATION (2018): $810M, Germany

FASTEST GROWING MARKET (2017 - 2018): $203M, Germany

IMPORTS (2018): $6.77B, World Rnk 25 / 148
Flag Rnk 1 / 1177

TOP ORIGIN (2018): $6.77B, Russia

FASTEST GROWING ORIGIN (2017 - 2018): $1.47B, Russia

ECONOMIC COMPLEXITY of Belarus (2018): 0.84, Rnk 35 / 137

Overview: This page contains the latest trade data of Crude Petroleum in Belarus.

Exports: In 2018, Belarus exported $812M in Crude Petroleum, making it the 46th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most exported product in Belarus. The main destination of Crude Petroleum exports from Belarus are: Germany ($810M), Kazakhstan ($1.76M), and Russia ($1.48k).

The fastest growing export markets for Crude Petroleum of Belarus between 2017 and 2018 were Germany ($203M), Kazakhstan ($1.76M), and Russia ($1.48k).

Imports: In 2018, Belarus imported $6.77B in Crude Petroleum, becoming the 25th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Belarus. Belarus imports Crude Petroleum primarily from: Russia ($6.77B) and Kazakhstan ($2.14M).

The fastest growing import markets in Crude Petroleum for Belarus between 2017 and 2018 were Russia ($1.47B).

Tariffs: In 2018, the average tariff for Belarus in Crude Petroleum was 1.36%. The countries with the highest import tariffs for Crude Petroleum were Angola (1.43%), Burundi (1.43%), Benin (1.43%), Burkina Faso (1.43%), and Botswana (1.43%).

Value

EXPORTS (2018): $812M

IMPORTS (2018): $6.77B

NET TRADE (2018): -$5.96B

In 2018, Belarus exported $812M in Crude Petroleum. The main destinations of Belarus exports on Crude Petroleum were Germany ($810M), Kazakhstan ($1.76M), and Russia ($1.48k).

In 2018, Belarus imported $6.77B in Crude Petroleum, mainly from Russia ($6.77B) and Kazakhstan ($2.14M).

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IN 2018, Belarus HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:: Germany, $810M ($810M - $0)

IN 2018, Belarus HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • Russia, -$6.77B ($1.48k - $6.77B)
  • Kazakhstan, -$376k ($1.76M - $2.14M)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Belarus WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Belarus WERE (2017 - 2018):: Netherlands, -$2.15k (-100%)

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Market Concentration

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Flow
Type

In 2018, Belarus's main exporting competitors in Crude Petroleum were:

In 2018, Belarus's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Belarus. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Belarus in Crude Petroleum was 1.36%.

The countries with the highest tariffs for Crude Petroleum in Belarus were Angola (1.43%), Burundi (1.43%), Benin (1.43%), Burkina Faso (1.43%), and Botswana (1.43%).

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