2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 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
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Belarus-Saudi Arabia Trade: In 2023, Belarus exported $6.32M to Saudi Arabia. The main products that Belarus exported to Saudi Arabia were Concentrated Milk ($1.53M), X-Ray Equipment ($1.25M), and Potassic Fertilizers ($763k). Over the past 5 years the exports of Belarus to Saudi Arabia have decreased at an annualized rate of 9.71%, from $10.5M in 2018 to $6.32M in 2023.

In 2014, Belarus exported services to Saudi Arabia worth $400, with Government services, n.i.e. ($400) being the largest in terms of value.

Saudi Arabia-Belarus Trade: In 2023, Saudi Arabia exported $185k to Belarus. The main products that Saudi Arabia exported to Belarus were Tropical Fruits ($141k) and Synthetic Coloring Matter ($43.3k). Over the past 5 years the exports of Saudi Arabia to Belarus have decreased at an annualized rate of 69.1%,  from $65.4M in 2018 to $185k in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belarus exported $6.32M to Saudi Arabia. The main products exported from Belarus to Saudi Arabia were Concentrated Milk ($1.53M), X-Ray Equipment ($1.25M), and Potassic Fertilizers ($763k). During the last 5 years the exports of Belarus to Saudi Arabia have decreased at an annualized rate of 9.71%, from $10.5M in 2018 to $6.32M in 2023.

In 2018, Saudi Arabia exported $185k to Belarus. The main products exported from Saudi Arabia to Belarus were Tropical Fruits ($141k) and Synthetic Coloring Matter ($43.3k). During the last 5 years the exports of Saudi Arabia to Belarus have decreased at an annualized rate of 69.1%, from $65.4M in 2023 to $185k in 2018.

Exports from Belarus (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Belarus (Flag) (2023)

Latest Data

Trade between Belarus (Flag) and Saudi Arabia (Flag)

Belarus Exports

Saudi Arabia Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Saudi Arabia
Top Destination
China$64.4B

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

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

In 2023, countries that imported more from Saudi Arabia than Belarus included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Belarus (Flag) (2023)

Comparative Advantage Belarus - Saudi Arabia

Flow
Scale

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

During 2023, Belarus had a large net trade with Saudi Arabia in the exports of Instruments ($1.96M), Animal Products ($1.94M), and Chemical Products ($1.23M).

During 2018, Saudi Arabia had a large net trade with Belarus in the exports of Vegetable Products ($141k) and Chemical Products ($43.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Saudi Arabia+$4.07kOther Furniture
Top Product Potential Saudi Arabia Belarus+$6.29kCrude Petroleum

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

Product Space of Belarus (Flag) and Saudi Arabia (Flag) (2023)

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