2022
Exports
$61.9MWorld Rnk 82 / 217
Flag Rnk 29 / 996
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$422MWorld Rnk 79 / 224
Flag Rnk 2 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $61.9M in Packaged Medicaments, making it the 82nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 29th most exported product in Belarus. The main destination of Packaged Medicaments exports from Belarus are: Kazakhstan ($17.6M), Uzbekistan ($9.65M), Azerbaijan ($9.03M), Vietnam ($6M), and Kyrgyzstan ($5.64M).

The fastest growing export markets for Packaged Medicaments of Belarus between 2021 and 2022 were Vietnam ($4.38M), Uzbekistan ($2.99M), and Azerbaijan ($2.82M).

Imports In 2022, Belarus imported $422M in Packaged Medicaments, becoming the 79th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most imported product in Belarus. Belarus imports Packaged Medicaments primarily from: Lithuania ($67.8M), Germany ($59.2M), Slovenia ($52.2M), Hungary ($34.9M), and Switzerland ($32.3M).

The fastest growing import markets in Packaged Medicaments for Belarus between 2021 and 2022 were Lithuania ($29M), Switzerland ($18.1M), and Slovenia ($10.4M).

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 Packaged Medicaments. 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)$61.9M
IMPORTS (2022)$422M
NET TRADE (2022)-$360M

In 2022, Belarus exported $61.9M in Packaged Medicaments. The main destinations of Belarus exports on Packaged Medicaments were Kazakhstan ($17.6M), Uzbekistan ($9.65M), Azerbaijan ($9.03M), Vietnam ($6M), and Kyrgyzstan ($5.64M).

In 2022, Belarus imported $422M in Packaged Medicaments, mainly from Lithuania ($67.8M), Germany ($59.2M), Slovenia ($52.2M), Hungary ($34.9M), and Switzerland ($32.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Vietnam$4.38M (271%)
Uzbekistan$2.99M (44.9%)
Azerbaijan$2.82M (45.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Belarus WERE (2021 - 2022):
Russia-$220M (-100%)
Ukraine-$4.28M (-95.9%)
Turkmenistan-$1.61M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Packaged Medicaments were:
In 2022, Belarus's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.85M
TOP IMPORT POTENTIALGermany+ $40.5M

Packaged Medicaments’s highest export potential is Germany. With an export gap of $1.85M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $40.5M.

See methodology.

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