HS Icon Potassic Fertilizers in  Flag Belarus

2019
Exports | Imports
: $2.78B | $578k, World Rnk 2 / 117
Flag Rnk 2 / 1143 | World Rnk 127 / 186
Flag Rnk 931 / 1190

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $97.4M | $141k, India |  Sweden

2019
ECONOMIC COMPLEXITY of Belarus
: 0.84, Rnk 35 / 147

2019
PRODUCT COMPLEXITY  IN Potassic Fertilizers
: -1.12, Rnk 866 / 1029

Exports In 2019, Belarus exported $2.78B in Potassic Fertilizers, making it the 2nd largest exporter of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 2nd most exported product in Belarus. The main destination of Potassic Fertilizers exports from Belarus are: Brazil ($561M), China ($353M), India ($347M), Indonesia ($174M), and United States ($127M).

The fastest growing export markets for Potassic Fertilizers of Belarus between 2018 and 2019 were India ($97.4M), China ($73.2M), and Vietnam ($41M).

Imports In 2019, Belarus imported $578k in Potassic Fertilizers, becoming the 127th largest importer of Potassic Fertilizers in the world. At the same year, Potassic Fertilizers was the 931st most imported product in Belarus. Belarus imports Potassic Fertilizers primarily from: Sweden ($250k), Belgium ($153k), Russia ($81.6k), Italy ($30.6k), and Poland ($29.4k).

The fastest growing import markets in Potassic Fertilizers for Belarus between 2018 and 2019 were Sweden ($141k), Italy ($30.6k), and Russia ($26.6k).

Tariffs In 2018, the average tariff for Belarus in Potassic Fertilizers was 5.18%. The countries with the highest import tariffs for Potassic Fertilizers were Angola (Most Favoured Nation duty rate treatement, 5.42%), Burundi (Most Favoured Nation duty rate treatement, 5.42%), Benin (Most Favoured Nation duty rate treatement, 5.42%), Burkina Faso (Most Favoured Nation duty rate treatement, 5.42%), and Botswana (Most Favoured Nation duty rate treatement, 5.42%).

Historical Data

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EXPORTS (2019): $2.78B

IMPORTS (2019): $578k

NET TRADE (2019): $2.78B

In 2019, Belarus exported $2.78B in Potassic Fertilizers. The main destinations of Belarus exports on Potassic Fertilizers were Brazil ($561M), China ($353M), India ($347M), Indonesia ($174M), and United States ($127M).

In 2019, Belarus imported $578k in Potassic Fertilizers, mainly from Sweden ($250k), Belgium ($153k), Russia ($81.6k), Italy ($30.6k), and Poland ($29.4k).

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IN 2019, Belarus HAD A POSITIVE NET TRADE IN Potassic Fertilizers WITH:

Flow

THE FASTEST GROWING Potassic Fertilizers EXPORT MARKETS FOR Belarus WERE (2018 - 2019):

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

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Market Concentration

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In 2019, Belarus's main exporting competitors in Potassic Fertilizers were:

In 2019, Belarus's main importing competitors in Potassic Fertilizers were:

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Tariffs by Country

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In 2018, the average tariff for Belarus in Potassic Fertilizers was 5.18%.

The countries with the highest tariffs for Potassic Fertilizers in Belarus were Angola (Most Favoured Nation duty rate treatement, 5.42%), Burundi (Most Favoured Nation duty rate treatement, 5.42%), Benin (Most Favoured Nation duty rate treatement, 5.42%), Burkina Faso (Most Favoured Nation duty rate treatement, 5.42%), and Botswana (Most Favoured Nation duty rate treatement, 5.42%).