2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Belarus-Denmark Trade: In 2022, Belarus exported $16.9M to Denmark. The main products that Belarus exported to Denmark were Plywood ($4.39M), Wood Carpentry ($3.42M), and Molasses ($2.36M). Over the past 5 years the exports of Belarus to Denmark have decreased at an annualized rate of 2.12%, from $18.8M in 2017 to $16.9M in 2022.

In 2014, Belarus exported services to Denmark worth $2.8M, with Computer and information services ($2.72M), Royalties and license fees ($49.4k), and Insurance services ($25.8k) being the largest in terms of value.

Denmark-Belarus Trade: In 2022, Denmark exported $21M to Belarus. The main products that Denmark exported to Belarus were Other Agricultural Machinery ($2.27M), Medical Instruments ($1.82M), and Animal Food ($1.45M). Over the past 5 years the exports of Denmark to Belarus have decreased at an annualized rate of 26.9%,  from $101M in 2017 to $21M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $16.9M to Denmark. The main products exported from Belarus to Denmark were Plywood ($4.39M), Wood Carpentry ($3.42M), and Molasses ($2.36M). During the last 5 years the exports of Belarus to Denmark have decreased at an annualized rate of 2.12%, from $18.8M in 2017 to $16.9M in 2022.

In 2017, Denmark exported $21M to Belarus. The main products exported from Denmark to Belarus were Other Agricultural Machinery ($2.27M), Medical Instruments ($1.82M), and Animal Food ($1.45M). During the last 5 years the exports of Denmark to Belarus have decreased at an annualized rate of 26.9%, from $101M in 2022 to $21M in 2017.

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

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

Latest Data

Trade between Belarus (Flag) and Denmark (Flag)

Belarus Exports

Denmark Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Denmark
Top Destination
Germany$18.9B

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

In 2022, countries that imported more from Belarus than Denmark included Ukraine ($1.29B), Kazakhstan ($827M), and Uzbekistan ($386M).

In 2022, countries that imported more from Denmark than Belarus included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Belarus - Denmark

Flow
Scale

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

During 2022, Belarus had a large net trade with Denmark in the exports of Wood Products ($9.82M), Foodstuffs ($3.03M), and Plastics and Rubbers ($1.44M).

During 2017, Denmark had a large net trade with Belarus in the exports of Animal Products ($5.22M), Machines ($4.72M), and Plastics and Rubbers ($2.62M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Denmark+$1.11MRapeseed Oil
Top Product Potential Denmark Belarus+$1.55MMedical Instruments

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.

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Economic Complexity

Competitive Landscape

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

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

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