2022
Exports
$1.72MWorld Rnk 33 / 95
Flag Rnk 288 / 996
falsefalse Latvia
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$1.13MWorld Rnk 68 / 178
Flag Rnk 648 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $1.72M in Nitrile Compounds, making it the 33rd largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 288th most exported product in Belarus. The main destination of Nitrile Compounds exports from Belarus are: Latvia ($1.49M) and India ($231k).

Imports In 2022, Belarus imported $1.13M in Nitrile Compounds, becoming the 68th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 648th most imported product in Belarus. Belarus imports Nitrile Compounds primarily from: Lithuania ($670k), China ($253k), Czechia ($87k), France ($70.9k), and Germany ($33.4k).

The fastest growing import markets in Nitrile Compounds for Belarus between 2021 and 2022 were Lithuania ($631k), China ($196k), and Czechia ($87k).

Latest Trends

Jul 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 Nitrile Compounds. 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)$1.72M
IMPORTS (2022)$1.13M
NET TRADE (2022)$591k

In 2022, Belarus exported $1.72M in Nitrile Compounds. The main destinations of Belarus exports on Nitrile Compounds were Latvia ($1.49M) and India ($231k).

In 2022, Belarus imported $1.13M in Nitrile Compounds, mainly from Lithuania ($670k), China ($253k), Czechia ($87k), France ($70.9k), and Germany ($33.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Belarus WERE (2021 - 2022):
Russia-$16.1M (-100%)
Hungary-$6.24M (-100%)
Latvia-$1.22M (-45%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Nitrile Compounds were:
In 2022, Belarus's main importing competitors in Nitrile Compounds were:

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $288k
TOP IMPORT POTENTIALChina+ $256k

Nitrile Compounds’s highest export potential is India. With an export gap of $288k.   Nitrile Compounds’s highest import potential is China with an import gap of $256k.

See methodology.

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