2022
Exports
$18.7kWorld Rnk 90 / 126
Flag Rnk 759 / 996
2022
PRODUCT COMPLEXITY IN Casting Machines
0.63Rnk 304 / 1025
2022
Imports
$4.11MWorld Rnk 60 / 183
Flag Rnk 415 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $18.7k in Casting Machines, making it the 90th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 759th most exported product in Belarus. The main destination of Casting Machines exports from Belarus are: Hungary ($17.7k) and Norway ($1.04k).

The fastest growing export markets for Casting Machines of Belarus between 2021 and 2022 were Hungary ($17.7k) and Norway ($1.04k).

Imports In 2022, Belarus imported $4.11M in Casting Machines, becoming the 60th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 415th most imported product in Belarus. Belarus imports Casting Machines primarily from: China ($3.01M), Italy ($1.05M), Turkey ($38.2k), India ($7.53k), and Lithuania ($6.32k).

The fastest growing import markets in Casting Machines for Belarus between 2021 and 2022 were China ($2.04M), Italy ($962k), and India ($7.53k).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Casting Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.7k
IMPORTS (2022)$4.11M
NET TRADE (2022)-$4.09M

In 2022, Belarus exported $18.7k in Casting Machines. The main destinations of Belarus exports on Casting Machines were Hungary ($17.7k) and Norway ($1.04k).

In 2022, Belarus imported $4.11M in Casting Machines, mainly from China ($3.01M), Italy ($1.05M), Turkey ($38.2k), India ($7.53k), and Lithuania ($6.32k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Hungary$17.7k (1%)
Norway$1.04k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Belarus WERE (2021 - 2022):
Russia-$150k (-100%)
Italy-$47k (-100%)
Germany-$28.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Belarus's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorway+ $1.47k
TOP IMPORT POTENTIALChina+ $237k

Casting Machines’s highest export potential is Norway. With an export gap of $1.47k.   Casting Machines’s highest import potential is China with an import gap of $237k.

See methodology.

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