2023
Exports
$175kWorld Rnk 110 / 162
Flag Rnk 485 / 940
2023
PRODUCT COMPLEXITY IN Margarine
-0.85Rnk 793 / 1025
2023
Imports
$525kWorld Rnk 191 / 221
Flag Rnk 773 / 1112
2023
ECONOMIC COMPLEXITY of Belarus
0.81Rnk 33 / 132

About

Exports In 2023, Belarus exported $175k in Margarine, making it the 110th largest exporter of Margarine in the world. At the same year, Margarine was the 485th most exported product in Belarus. The main destination of Margarine exports from Belarus are: Georgia ($80.6k), Kazakhstan ($67.8k), Azerbaijan ($16.7k), Kyrgyzstan ($5.48k), and Armenia ($2.6k).

The fastest growing export markets for Margarine of Belarus between 2022 and 2023 were Georgia ($71.1k), Kazakhstan ($9.1k), and Kyrgyzstan ($3.02k).

Imports In 2023, Belarus imported $525k in Margarine, becoming the 191st largest importer of Margarine in the world. At the same year, Margarine was the 773rd most imported product in Belarus. Belarus imports Margarine primarily from: Serbia ($152k), Lithuania ($128k), Kyrgyzstan ($100k), Latvia ($50k), and Poland ($35.3k).

The fastest growing import markets in Margarine for Belarus between 2022 and 2023 were Kyrgyzstan ($100k), Poland ($25.9k), and China ($14.2k).

Latest Trends

Jan 2025

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 Margarine. 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 (2023)$175k
IMPORTS (2023)$525k
NET TRADE (2023)-$350k

In 2023, Belarus exported $175k in Margarine. The main destinations of Belarus exports on Margarine were Georgia ($80.6k), Kazakhstan ($67.8k), Azerbaijan ($16.7k), Kyrgyzstan ($5.48k), and Armenia ($2.6k).

In 2023, Belarus imported $525k in Margarine, mainly from Serbia ($152k), Lithuania ($128k), Kyrgyzstan ($100k), Latvia ($50k), and Poland ($35.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Belarus WERE (2022 - 2023):
Georgia$71.1k (748%)
Kazakhstan$9.1k (15.5%)
Kyrgyzstan$3.02k (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Belarus WERE (2022 - 2023):
Latvia-$637k (-100%)
Moldova-$57.4k (-100%)
Tajikistan-$53.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Belarus's main exporting competitors in Margarine were:
In 2023, Belarus's main importing competitors in Margarine were:
China $1.08B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKazakhstan+ $37.8k
TOP IMPORT POTENTIALSweden+ $81.3k

Margarine’s highest export potential is Kazakhstan. With an export gap of $37.8k.   Margarine’s highest import potential is Sweden with an import gap of $81.3k.

See methodology.

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