2022
Exports
$2.49kWorld Rnk 59 / 80
Flag Rnk 873 / 996
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$174kWorld Rnk 56 / 144
Flag Rnk 890 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $2.49k in Rare-Earth Metal Compounds, making it the 59th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 873rd most exported product in Belarus. The main destination of Rare-Earth Metal Compounds exports from Belarus are: Poland ($2.49k).

The fastest growing export markets for Rare-Earth Metal Compounds of Belarus between 2021 and 2022 were Poland ($2.49k).

Imports In 2022, Belarus imported $174k in Rare-Earth Metal Compounds, becoming the 56th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 890th most imported product in Belarus. Belarus imports Rare-Earth Metal Compounds primarily from: China ($77.4k), Poland ($40.4k), United Kingdom ($33.6k), Lithuania ($16.2k), and Germany ($3.51k).

The fastest growing import markets in Rare-Earth Metal Compounds for Belarus between 2021 and 2022 were China ($52.5k), Poland ($40.4k), and United Kingdom ($6.58k).

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 Rare-Earth Metal 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)$2.49k
IMPORTS (2022)$174k
NET TRADE (2022)-$171k

In 2022, Belarus exported $2.49k in Rare-Earth Metal Compounds. The main destinations of Belarus exports on Rare-Earth Metal Compounds were Poland ($2.49k).

In 2022, Belarus imported $174k in Rare-Earth Metal Compounds, mainly from China ($77.4k), Poland ($40.4k), United Kingdom ($33.6k), Lithuania ($16.2k), and Germany ($3.51k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Belarus WERE (2021 - 2022):Poland$2.49k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Belarus WERE (2021 - 2022):
Russia-$32.4k (-100%)
Kazakhstan-$500 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Belarus's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $2.55k
TOP IMPORT POTENTIALChina+ $65.3k

Rare-Earth Metal Compounds’s highest export potential is Poland. With an export gap of $2.55k.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $65.3k.

See methodology.

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