Refined Petroleum in Belarus

EXPORTS (2018): $6.54B, World Rnk 27 / 198
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TOP DESTINATION (2018): $2.79B, United Kingdom

FASTEST GROWING MARKET (2017 - 2018): $582M, United Kingdom

IMPORTS (2018): $1.37B, World Rnk 84 / 221
Flag Rnk 3 / 1177

TOP ORIGIN (2018): $1.28B, Russia

FASTEST GROWING ORIGIN (2017 - 2018): $260M, Russia

ECONOMIC COMPLEXITY of Belarus (2018): 0.84, Rnk 35 / 137

PRODUCT COMPLEXITY  IN Refined Petroleum (2018): -0.97, Rnk 812 / 1018

Exports: In 2018, Belarus exported $6.54B in Refined Petroleum, making it the 27th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Belarus. The main destination of Refined Petroleum exports from Belarus are: United Kingdom ($2.79B), Ukraine ($2.09B), Netherlands ($872M), Poland ($303M), and Lithuania ($84.8M).

The fastest growing export markets for Refined Petroleum of Belarus between 2017 and 2018 were United Kingdom ($582M), Netherlands ($425M), and Ukraine ($273M).

Imports: In 2018, Belarus imported $1.37B in Refined Petroleum, becoming the 84th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Belarus. Belarus imports Refined Petroleum primarily from: Russia ($1.28B), Kazakhstan ($35.1M), Germany ($14.8M), Belgium-Luxembourg ($4.76M), and Poland ($4.02M).

The fastest growing import markets in Refined Petroleum for Belarus between 2017 and 2018 were Russia ($260M), Kazakhstan ($18.2M), and Germany ($2.77M).

Tariffs: In 2018, the average tariff for Belarus in Refined Petroleum was 4.7%. The countries with the highest import tariffs for Refined Petroleum were Angola (4.93%), Burundi (4.93%), Benin (4.93%), Burkina Faso (4.93%), and Botswana (4.93%).

Value

EXPORTS (2018): $6.54B

IMPORTS (2018): $1.37B

NET TRADE (2018): $5.18B

In 2018, Belarus exported $6.54B in Refined Petroleum. The main destinations of Belarus exports on Refined Petroleum were United Kingdom ($2.79B), Ukraine ($2.09B), Netherlands ($872M), Poland ($303M), and Lithuania ($84.8M).

In 2018, Belarus imported $1.37B in Refined Petroleum, mainly from Russia ($1.28B), Kazakhstan ($35.1M), Germany ($14.8M), Belgium-Luxembourg ($4.76M), and Poland ($4.02M).

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IN 2018, Belarus HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2018, Belarus HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Belarus WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Belarus WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Belarus's main exporting competitors in Refined Petroleum were:

In 2018, Belarus's main importing competitors in Refined Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Belarus. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Belarus in Refined Petroleum was 4.7%.

The countries with the highest tariffs for Refined Petroleum in Belarus were Angola (4.93%), Burundi (4.93%), Benin (4.93%), Burkina Faso (4.93%), and Botswana (4.93%).

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