2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 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
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Belarus-Luxembourg Trade: In 2022, Belarus exported $2.98M to Luxembourg. The main products that Belarus exported to Luxembourg were Other Plastic Products ($644k), Plywood ($104k), and Iron Wire ($89.3k). Over the past 5 years the exports of Belarus to Luxembourg have decreased at an annualized rate of 10.2%, from $5.1M in 2017 to $2.98M in 2022.

In 2014, Belarus exported services to Luxembourg worth $7.33M, with Computer and information services ($7.31M), Royalties and license fees ($9.5k), and Insurance services ($4.71k) being the largest in terms of value.

Luxembourg-Belarus Trade: In 2022, Luxembourg exported $7.96M to Belarus. The main products that Luxembourg exported to Belarus were Nonaqueous Paints ($147k), Delivery Trucks ($78.9k), and Beauty Products ($61k). Over the past 5 years the exports of Luxembourg to Belarus have increased at an annualized rate of 63.4%,  from $684k in 2017 to $7.96M in 2022.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $2.98M to Luxembourg. The main products exported from Belarus to Luxembourg were Other Plastic Products ($644k), Plywood ($104k), and Iron Wire ($89.3k). During the last 5 years the exports of Belarus to Luxembourg have decreased at an annualized rate of 10.2%, from $5.1M in 2017 to $2.98M in 2022.

In 2017, Luxembourg exported $7.96M to Belarus. The main products exported from Luxembourg to Belarus were Nonaqueous Paints ($147k), Delivery Trucks ($78.9k), and Beauty Products ($61k). During the last 18 years the exports of Luxembourg to Belarus have increased at an annualized rate of 63.4%, from $684k in 1999 to $7.96M in 2017.

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

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

Latest Data

Trade between Belarus (Flag) and Luxembourg (Flag)

Belarus Exports

Luxembourg Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Luxembourg
Top Destination
Germany$4.15B

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

In 2022, countries that imported more from Belarus than Luxembourg included China ($1.6B), Ukraine ($1.29B), and Kazakhstan ($827M).

In 2022, countries that imported more from Luxembourg than Belarus included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

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

Comparative Advantage Belarus - Luxembourg

Flow
Scale

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

During 2022, Belarus had a large net trade with Luxembourg in the exports of Plastics and Rubbers ($646k), Wood Products ($124k), and Metals ($93.3k).

During 2017, Luxembourg had a large net trade with Belarus in the exports of Chemical Products ($208k), Machines ($147k), and Transportation ($115k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with