Belarus / Armenia

Belarus-Armenia Trade: In 2023, Belarus exported $89.7M to Armenia. The main products that Belarus exported to Armenia were Diamonds ($22.2M), Concentrated Milk ($12.6M), and Sawn Wood ($4.54M). Over the past 5 years the exports of Belarus to Armenia have increased at an annualized rate of 17.9%, from $39.4M in 2018 to $89.7M in 2023.

In 2014, Belarus exported services to Armenia worth $46k, with Government services, n.i.e. ($28.6k), Computer and information services ($11.4k), and Royalties and license fees ($4.6k) being the largest in terms of value.

Armenia-Belarus Trade: In 2023, Armenia exported $91.7M to Belarus. The main products that Armenia exported to Belarus were Broadcasting Equipment ($31.7M), Hard Liquor ($14.2M), and Computers ($11M). Over the past 5 years the exports of Armenia to Belarus have increased at an annualized rate of 50.3%,  from $11.9M in 2018 to $91.7M in 2023.

In 2023, Armenia did not export any services to Belarus.

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).