Belarus (BLR) and Australia (AUS) Trade | The Observatory of Economic Complexity

About

Belarus-Australia Trade: In 2023, Belarus exported $417k to Australia. The main products that Belarus exported to Australia were Hand Saws ($142k), Oscilloscopes ($80k), and Microscopes ($75.5k). Over the past 5 years the exports of Belarus to Australia have decreased at an annualized rate of 58.1%, from $32.4M in 2018 to $417k in 2023.

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 2023, Australia exported $284k to Belarus. The main products that Australia exported to Belarus were N/A. Over the past 5 years the exports of Australia to Belarus have decreased at an annualized rate of 43%, from $4.71M in 2018 to $284k in 2023.

In 2023, Australia 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, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Belarus exported $417k to Australia. The main products exported from Belarus to Australia were Hand Saws ($142k), Oscilloscopes ($80k), and Microscopes ($75.5k). During the last 5 years the exports of Belarus to Australia have decreased at an annualized rate of 58.1%, from $32.4M in 2018 to $417k in 2023.

In 2017, Australia exported $284k to Belarus. There were not main exports from Australia to Belarus in 2017. During the last 5 years the exports of Australia to Belarus have decreased at an annualized rate of 43%, from $4.71M in 2022 to $284k in 2017.

Exports from Belarus () to Australia () (2023)

Exports from Australia () to Belarus () (2023)

Latest Data

Trade between Belarus () and Australia ()

Belarus Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$2.6B

Australia
Top DestinationChina$137B

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 2023, countries that imported more from Belarus than Australia included Kazakhstan ($757M), Uzbekistan ($509M), and Azerbaijan ($325M).

In 2023, countries that imported more from Australia than Belarus included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia () and Belarus () (2023)

Comparative Advantage Belarus - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Belarus had a large net trade with Australia in the exports of Metals ($179k), Instruments ($171k), and Miscellaneous ($23.2k).

During 2017, Australia had a large net trade with Belarus in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Belarus () to Australia () (2023)

Exports from Australia () to Belarus () (2023)

Latest Data

Trade between Belarus () and Australia ()

Belarus Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Belarus () (2023)

Comparative Advantage Belarus - Australia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Belarus () and Australia () (2023)

Keep Exploring