2022
Exports
$2.35MWorld Rnk 107 / 221
Flag Rnk 257 / 996
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$16MWorld Rnk 131 / 224
Flag Rnk 172 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $2.35M in Excavation Machinery, making it the 107th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 257th most exported product in Belarus. The main destination of Excavation Machinery exports from Belarus are: Kazakhstan ($737k), Armenia ($362k), Poland ($228k), Kyrgyzstan ($147k), and Azerbaijan ($116k).

The fastest growing export markets for Excavation Machinery of Belarus between 2021 and 2022 were Armenia ($351k), Poland ($156k), and Georgia ($88k).

Imports In 2022, Belarus imported $16M in Excavation Machinery, becoming the 131st largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 172nd most imported product in Belarus. Belarus imports Excavation Machinery primarily from: China ($5.56M), Turkey ($2.5M), Germany ($1.67M), Poland ($1.22M), and Lithuania ($910k).

The fastest growing import markets in Excavation Machinery for Belarus between 2021 and 2022 were China ($2.21M), Turkey ($1.07M), and Spain ($143k).

Latest Trends

Oct 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 Excavation Machinery. 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)$2.35M
IMPORTS (2022)$16M
NET TRADE (2022)-$13.7M

In 2022, Belarus exported $2.35M in Excavation Machinery. The main destinations of Belarus exports on Excavation Machinery were Kazakhstan ($737k), Armenia ($362k), Poland ($228k), Kyrgyzstan ($147k), and Azerbaijan ($116k).

In 2022, Belarus imported $16M in Excavation Machinery, mainly from China ($5.56M), Turkey ($2.5M), Germany ($1.67M), Poland ($1.22M), and Lithuania ($910k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Armenia$351k (3.12k%)
Poland$156k (217%)
Georgia$88k (862%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Belarus WERE (2021 - 2022):
Russia-$35.5M (-100%)
Ukraine-$5.93M (-98.5%)
Uzbekistan-$848k (-91.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Excavation Machinery were:
In 2022, Belarus's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPoland+ $396k
TOP IMPORT POTENTIALChina+ $4.22M

Excavation Machinery’s highest export potential is Poland. With an export gap of $396k.   Excavation Machinery’s highest import potential is China with an import gap of $4.22M.

See methodology.

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