2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH
38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC 
$7,829CURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC
$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH
31.6%CURRENT US$
Rnk 75 / 195

About

Belarus-Hong Kong Trade: In 2023, Belarus exported $990k to Hong Kong. The main products that Belarus exported to Hong Kong were Broadcasting Equipment ($666k), Other Stone Articles ($187k), and Synthetic Reconstructed Jewellery Stones ($73.1k). Over the past 5 years the exports of Belarus to Hong Kong have decreased at an annualized rate of 39.4%, from $12.1M in 2018 to $990k in 2023.

In 2014, Belarus exported services to Hong Kong worth $1.38M, with Computer and information services ($989k), Royalties and license fees ($381k), and Insurance services ($12.1k) being the largest in terms of value.

Hong Kong-Belarus Trade: In 2023, Hong Kong exported $35.2M to Belarus. The main products that Hong Kong exported to Belarus were Broadcasting Equipment ($15.7M), Integrated Circuits ($3.95M), and Video Recording Equipment ($2.36M). Over the past 5 years the exports of Hong Kong to Belarus have increased at an annualized rate of 30.3%,  from $9.36M in 2018 to $35.2M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belarus exported $990k to Hong Kong. The main products exported from Belarus to Hong Kong were Broadcasting Equipment ($666k), Other Stone Articles ($187k), and Synthetic Reconstructed Jewellery Stones ($73.1k). During the last 5 years the exports of Belarus to Hong Kong have decreased at an annualized rate of 39.4%, from $12.1M in 2018 to $990k in 2023.

In 2018, Hong Kong exported $35.2M to Belarus. The main products exported from Hong Kong to Belarus were Broadcasting Equipment ($15.7M), Integrated Circuits ($3.95M), and Video Recording Equipment ($2.36M). During the last 5 years the exports of Hong Kong to Belarus have increased at an annualized rate of 30.3%, from $9.36M in 2023 to $35.2M in 2018.

Exports from Belarus (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Belarus (Flag) (2023)

Latest Data

Trade between Belarus (Flag) and Hong Kong (Flag)

Belarus Exports

Hong Kong Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Hong Kong
Top Destination
China$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Belarus included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Belarus (Flag) (2023)

Comparative Advantage Belarus - Hong Kong

Flow
Scale

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

During 2023, Belarus had a large net trade with Hong Kong in the exports of Machines ($704k), Stone And Glass ($187k), and Precious Metals ($73.1k).

During 2018, Hong Kong had a large net trade with Belarus in the exports of Machines ($30.9M), Instruments ($3.42M), and Miscellaneous ($442k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Hong Kong+$2.28MIntegrated Circuits
Top Product Potential Hong Kong Belarus+$7.17MTelephones

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 Hong Kong. This means that a dot/product with the flag of Belarus indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Belarus.

Product Space of Belarus (Flag) and Hong Kong (Flag) (2023)

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