Packaged Medicaments in Belarus

EXPORTS (2018): $214M, World Rnk 52 / 190
Flag Rnk 24 / 1098

TOP DESTINATION (2018): $167M, Russia

FASTEST GROWING MARKET (2017 - 2018): $20.1M, Russia

IMPORTS (2018): $450M, World Rnk 71 / 217
Flag Rnk 5 / 1177

TOP ORIGIN (2018): $48M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $17.8M, Lithuania

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

Overview: This page contains the latest trade data of Packaged Medicaments in Belarus.

Exports: In 2018, Belarus exported $214M in Packaged Medicaments, making it the 52nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 24th most exported product in Belarus. The main destination of Packaged Medicaments exports from Belarus are: Russia ($167M), Kazakhstan ($15.8M), Azerbaijan ($4.52M), Ukraine ($3.94M), and Kyrgyzstan ($3.14M).

The fastest growing export markets for Packaged Medicaments of Belarus between 2017 and 2018 were Russia ($20.1M), Ukraine ($1.71M), and Kyrgyzstan ($1.29M).

Imports: In 2018, Belarus imported $450M in Packaged Medicaments, becoming the 71st largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Belarus. Belarus imports Packaged Medicaments primarily from: Germany ($48M), Russia ($40.7M), Hungary ($40.6M), Lithuania ($31.8M), and Slovenia ($27.8M).

The fastest growing import markets in Packaged Medicaments for Belarus between 2017 and 2018 were Lithuania ($17.8M), Hungary ($12.3M), and India ($7.89M).

Tariffs: In 2018, the average tariff for Belarus in Packaged Medicaments was 4.02%. The countries with the highest import tariffs for Packaged Medicaments were Angola (4.19%), Burundi (4.19%), Benin (4.19%), Burkina Faso (4.19%), and Botswana (4.19%).

Value

EXPORTS (2018): $214M

IMPORTS (2018): $450M

NET TRADE (2018): -$236M

In 2018, Belarus exported $214M in Packaged Medicaments. The main destinations of Belarus exports on Packaged Medicaments were Russia ($167M), Kazakhstan ($15.8M), Azerbaijan ($4.52M), Ukraine ($3.94M), and Kyrgyzstan ($3.14M).

In 2018, Belarus imported $450M in Packaged Medicaments, mainly from Germany ($48M), Russia ($40.7M), Hungary ($40.6M), Lithuania ($31.8M), and Slovenia ($27.8M).

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IN 2018, Belarus HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • Russia, $127M ($167M - $40.7M)
  • Kazakhstan, $15.7M ($15.8M - $120k)
  • Azerbaijan, $3.98M ($4.52M - $544k)

IN 2018, Belarus HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Germany, -$47M ($1.05M - $48M)
  • Hungary, -$40.6M ($33.6k - $40.6M)
  • Lithuania, -$30.7M ($1.11M - $31.8M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Belarus WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Belarus WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Belarus's main exporting competitors in Packaged Medicaments were:

In 2018, Belarus's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments 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 Packaged Medicaments was 4.02%.

The countries with the highest tariffs for Packaged Medicaments in Belarus were Angola (4.19%), Burundi (4.19%), Benin (4.19%), Burkina Faso (4.19%), and Botswana (4.19%).

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