2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Belarus-Australia Trade: In 2022, Belarus exported $19.2M to Australia. The main products that Belarus exported to Australia were Potassic Fertilizers ($16.7M), Medical Instruments ($487k), and Plywood ($371k). Over the past 5 years the exports of Belarus to Australia have increased at an annualized rate of 2.83%, from $16.7M in 2017 to $19.2M in 2022.

In 2014, Belarus exported services to Australia worth $1.16M, with Computer and information services ($877k), Royalties and license fees ($232k), and Insurance services ($52.6k) being the largest in terms of value.

Australia-Belarus Trade: In 2022, Australia exported $284k to Belarus. The main products that Australia exported to Belarus were Optical Fibers and optical fibre bundles ($141k), Motor vehicles; parts and accessories (8701 to 8705) ($109k), and Air Pumps ($14.4k). Over the past 5 years the exports of Australia to Belarus have decreased at an annualized rate of 42.9%,  from $4.67M in 2017 to $284k in 2022.

In 2022, Australia did not export any services to Belarus.

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $19.2M to Australia. The main products exported from Belarus to Australia were Potassic Fertilizers ($16.7M), Medical Instruments ($487k), and Plywood ($371k). During the last 5 years the exports of Belarus to Australia have increased at an annualized rate of 2.83%, from $16.7M in 2017 to $19.2M in 2022.

In 2017, Australia exported $284k to Belarus. The main products exported from Australia to Belarus were Optical Fibers and optical fibre bundles ($141k), Motor vehicles; parts and accessories (8701 to 8705) ($109k), and Air Pumps ($14.4k). During the last 5 years the exports of Australia to Belarus have decreased at an annualized rate of 42.9%, from $4.67M in 2022 to $284k in 2017.

Exports from Belarus (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Belarus (Flag) (2022)

Latest Data

Trade between Belarus (Flag) and Australia (Flag)

Belarus Exports

Australia Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Australia
Top Destination
China$123B

This map shows whether countries import more from Belarus or Australia. Each country is colored based on the difference in imports they receive from Belarus and Australia or the difference in the growth in imports.

In 2022, countries that imported more from Belarus than Australia included Ukraine ($1.29B), Kazakhstan ($827M), and Lithuania ($778M).

In 2022, countries that imported more from Australia than Belarus included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and Belarus (Flag) (2022)

Comparative Advantage Belarus - Australia

Flow
Scale

This chart compares trade between Belarus and Australia by product, considering products traded by both, Belarus and Australia.

During 2022, Belarus had a large net trade with Australia in the exports of N/A.

During 2017, Australia had a large net trade with Belarus in the exports of Instruments ($141k), Transportation ($109k), and Machines ($33.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Australia+$2.28MPotassic Fertilizers
Top Product Potential Australia Belarus+$293kMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belarus and Australia. This means that a dot/product with the flag of Belarus indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Belarus.

Product Space of Belarus (Flag) and Australia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with