Packaged Medicaments in Belarus

EXPORTS (2019): $256M, World Rnk 54 / 205
Flag Rnk 18 / 1143

TOP DESTINATION (2019): $201M, Russia

FASTEST GROWING MARKET (2018 - 2019): $33.5M, Russia

IMPORTS (2019): $545M, World Rnk 65 / 224
Flag Rnk 4 / 1190

TOP ORIGIN (2019): $66M, Germany

FASTEST GROWING ORIGIN (2018 - 2019): $25.3M, Ireland

ECONOMIC COMPLEXITY of Belarus (2019): 0.89, Rnk 35 / 157

PRODUCT COMPLEXITY  IN Packaged Medicaments (2019): 0.64, Rnk 320 / 1029

Exports: In 2019, Belarus exported $256M in Packaged Medicaments, making it the 54th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 18th most exported product in Belarus. The main destination of Packaged Medicaments exports from Belarus are: Russia ($201M), Kazakhstan ($15.3M), Azerbaijan ($6.32M), Ukraine ($5.2M), and Uzbekistan ($4.74M).

The fastest growing export markets for Packaged Medicaments of Belarus between 2018 and 2019 were Russia ($33.5M), Uzbekistan ($2.35M), and Azerbaijan ($1.8M).

Imports: In 2019, Belarus imported $545M in Packaged Medicaments, becoming the 65th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Belarus. Belarus imports Packaged Medicaments primarily from: Germany ($66M), Russia ($52.6M), Hungary ($44.5M), Poland ($33.2M), and Slovenia ($32.4M).

The fastest growing import markets in Packaged Medicaments for Belarus between 2018 and 2019 were Ireland ($25.3M), Germany ($17.9M), and Russia ($12M).

Tariffs: In 2018, the average tariff for Belarus in Packaged Medicaments was 4.02%. The countries with the highest import tariffs for Packaged Medicaments were Angola (4.19%), Burundi (4.19%), Benin (4.19%), Burkina Faso (4.19%), and Botswana (4.19%).

Value

EXPORTS (2019): $256M

IMPORTS (2019): $545M

NET TRADE (2019): -$289M

In 2019, Belarus exported $256M in Packaged Medicaments. The main destinations of Belarus exports on Packaged Medicaments were Russia ($201M), Kazakhstan ($15.3M), Azerbaijan ($6.32M), Ukraine ($5.2M), and Uzbekistan ($4.74M).

In 2019, Belarus imported $545M in Packaged Medicaments, mainly from Germany ($66M), Russia ($52.6M), Hungary ($44.5M), Poland ($33.2M), and Slovenia ($32.4M).

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IN 2019, Belarus HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

IN 2019, Belarus HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Belarus WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Belarus WERE (2018 - 2019):

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Market Concentration

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In 2018, Belarus's main exporting competitors in Packaged Medicaments were:

In 2018, Belarus's main importing competitors in Packaged Medicaments were:

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Tariffs by Country

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In 2018, the average tariff for Belarus in Packaged Medicaments was 4.02%.

The countries with the highest tariffs for Packaged Medicaments in Belarus were Angola (4.19%), Burundi (4.19%), Benin (4.19%), Burkina Faso (4.19%), and Botswana (4.19%).

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