HS Icon Steel Wire in  Flag Belarus

2019
Exports | Imports
: $16.4M | $7.38M, World Rnk 20 / 113
Flag Rnk 225 / 1143 | World Rnk 46 / 196
Flag Rnk 524 / 1190

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.99M | $283k, Russia |  China

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

2019
PRODUCT COMPLEXITY  IN Steel Wire
: 1.34, Rnk 76 / 1029

Exports In 2019, Belarus exported $16.4M in Steel Wire, making it the 20th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 225th most exported product in Belarus. The main destination of Steel Wire exports from Belarus are: Russia ($12.1M), Lithuania ($1.87M), Sweden ($1.81M), Kazakhstan ($291k), and Ukraine ($235k).

The fastest growing export markets for Steel Wire of Belarus between 2018 and 2019 were Russia ($2.99M), Kazakhstan ($271k), and Ukraine ($138k).

Imports In 2019, Belarus imported $7.38M in Steel Wire, becoming the 46th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 524th most imported product in Belarus. Belarus imports Steel Wire primarily from: Russia ($3.08M), China ($2.31M), Poland ($796k), Ukraine ($748k), and Latvia ($230k).

The fastest growing import markets in Steel Wire for Belarus between 2018 and 2019 were China ($283k), Italy ($44.3k), and Latvia ($21.2k).

Tariffs In 2018, the average tariff for Belarus in Steel Wire was 4.77%. The countries with the highest import tariffs for Steel Wire were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Historical Data

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EXPORTS (2019): $16.4M

IMPORTS (2019): $7.38M

NET TRADE (2019): $8.98M

In 2019, Belarus exported $16.4M in Steel Wire. The main destinations of Belarus exports on Steel Wire were Russia ($12.1M), Lithuania ($1.87M), Sweden ($1.81M), Kazakhstan ($291k), and Ukraine ($235k).

In 2019, Belarus imported $7.38M in Steel Wire, mainly from Russia ($3.08M), China ($2.31M), Poland ($796k), Ukraine ($748k), and Latvia ($230k).

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IN 2019, Belarus HAD A POSITIVE NET TRADE IN Steel Wire WITH:

IN 2019, Belarus HAD A NEGATIVE NET TRADE IN Steel Wire WITH:

Flow

THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Belarus WERE (2018 - 2019):

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

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Market Concentration

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In 2019, Belarus's main exporting competitors in Steel Wire were:

In 2019, Belarus's main importing competitors in Steel Wire were:

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Tariffs by Country

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In 2018, the average tariff for Belarus in Steel Wire was 4.77%.

The countries with the highest tariffs for Steel Wire in Belarus were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).