2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Belarus-Netherlands Trade: In 2023, Belarus exported $57.9M to Netherlands. The main products that Belarus exported to Netherlands were Antiknock ($9.45M), Hot-Rolled Iron Bars ($7.79M), and Flax Woven Fabric ($7.24M). Over the past 5 years the exports of Belarus to Netherlands have decreased at an annualized rate of 47.3%, from $1.43B in 2018 to $57.9M in 2023.

In 2014, Belarus exported services to Netherlands worth $10.6M, with Computer and information services ($9.44M), Insurance services ($394k), and Royalties and license fees ($385k) being the largest in terms of value.

Netherlands-Belarus Trade: In 2023, Netherlands exported $182M to Belarus. The main products that Netherlands exported to Belarus were Used Clothing ($25.5M), Cut Flowers ($12M), and Bulbs and Roots ($11.8M). Over the past 5 years the exports of Netherlands to Belarus have decreased at an annualized rate of 12.1%,  from $346M in 2018 to $182M in 2023.

In 2009, Netherlands exported services to Belarus worth $54.2M, with Services not allocated ($54.2M) being the largest in terms of value.

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belarus exported $57.9M to Netherlands. The main products exported from Belarus to Netherlands were Antiknock ($9.45M), Hot-Rolled Iron Bars ($7.79M), and Flax Woven Fabric ($7.24M). During the last 5 years the exports of Belarus to Netherlands have decreased at an annualized rate of 47.3%, from $1.43B in 2018 to $57.9M in 2023.

In 2018, Netherlands exported $182M to Belarus. The main products exported from Netherlands to Belarus were Used Clothing ($25.5M), Cut Flowers ($12M), and Bulbs and Roots ($11.8M). During the last 5 years the exports of Netherlands to Belarus have decreased at an annualized rate of 12.1%, from $346M in 2023 to $182M in 2018.

Exports from Belarus (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Belarus (Flag) (2023)

Latest Data

Trade between Belarus (Flag) and Netherlands (Flag)

Belarus Exports

Netherlands Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Netherlands
Top Destination
Germany$96.9B

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

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

In 2023, countries that imported more from Netherlands than Belarus included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and Belarus (Flag) (2023)

Comparative Advantage Belarus - Netherlands

Flow
Scale

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

During 2023, Belarus had a large net trade with Netherlands in the exports of Chemical Products ($17M), Metals ($16.4M), and Textiles ($8.6M).

During 2018, Netherlands had a large net trade with Belarus in the exports of Vegetable Products ($64.9M), Textiles ($27.3M), and Chemical Products ($19.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Netherlands+$5.95MRapeseed Oil
Top Product Potential Netherlands Belarus+$11.5MPackaged Medicaments

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

Product Space of Belarus (Flag) and Netherlands (Flag) (2023)

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