Belarus / South Korea

Belarus-South Korea Trade: In 2022, Belarus exported $13.9M to South Korea. The main products that Belarus exported to South Korea were Integrated Circuits ($4.46M), Antiknock ($2.97M), and Glass Fibers ($1.41M). Over the past 5 years the exports of Belarus to South Korea have decreased at an annualized rate of 20.5%, from $43.7M in 2017 to $13.9M in 2022.

In 2014, Belarus exported services to South Korea worth $3.43M, with Computer and information services ($3.31M), Government services, n.i.e. ($97.2k), and Insurance services ($12k) being the largest in terms of value.

South Korea-Belarus Trade: In 2022, South Korea exported $37.5M to Belarus. The main products that South Korea exported to Belarus were Beauty Products ($3.28M), Orthopedic Appliances ($2.93M), and Cars ($2.93M). Over the past 5 years the exports of South Korea to Belarus have decreased at an annualized rate of 15.9%,  from $89.1M in 2017 to $37.5M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).