2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 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
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Belarus-Sweden In 2022, Belarus exported $9.89M to Sweden. The main products that Belarus exported to Sweden are Seats ($3.46M), Potassic Fertilizers ($1.16M), and Steel Wire ($1.02M). During the last 27 years the exports of Belarus to Sweden have increased at an annualized rate of 4.17%, from $3.28M in 1995 to $9.89M in 2022.

In 2014, Belarus exported services to Sweden worth $4.71M, with Computer and information services ($4.55M), Insurance services ($89.5k), and Royalties and license fees ($70.5k) being the largest in terms of value.

Sweden-Belarus In 2022, Sweden exported $24.9M to Belarus. The main products that Sweden exported to Belarus were Gas Turbines ($3.16M), Lifting Machinery ($2.89M), and Liquid Pumps ($1.96M). During the last 27 years the exports of Sweden to Belarus have increased at an annualized rate of 1.72%, from $15.8M in 1995 to $24.9M in 2022.

In 2001, Sweden exported services to Belarus worth $2M, with Other business services ($1.81M), Transportation ($95.2k), and Insurance services ($95.2k) being the largest in terms of value.

Comparison In 2022,  Belarus ranked 30 in the Economic Complexity Index (ECI 0.86), and 100 in total exports ($10.4B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $9.89M to Sweden. The main products exported from Belarus to Sweden were Seats ($3.46M), Potassic Fertilizers ($1.16M), and Steel Wire ($1.02M). During the last 27 years the exports of Belarus to Sweden have increased at an annualized rate of 4.17%, from $3.28M in 1995 to $9.89M in 2022.

In 2022, Sweden exported $24.9M to Belarus. The main products exported from Sweden to Belarus were Gas Turbines ($3.16M), Lifting Machinery ($2.89M), and Liquid Pumps ($1.96M). During the last 27 years the exports of Sweden to Belarus have increased at an annualized rate of 1.72%, from $15.8M in 1995 to $24.9M in 2022.

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

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

Latest Data

Trade between Belarus (Flag) and Sweden (Flag)

Belarus Exports

Sweden Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Sweden
Top Destination
Germany$19.2B

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

In 2021, countries that imported more from Belarus than Sweden were Ukraine ($1.29B), Kazakhstan ($827M), and Uzbekistan ($386M).

In 2021, countries that imported more from Sweden than Belarus were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Belarus - Sweden

Flow
Scale

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

During 2022, Belarus had a large net trade with Sweden in the exports of Miscellaneous ($4.78M), Metals ($1.58M), and Chemical Products ($1.16M).

During 2022, Sweden had a large net trade with Belarus in the exports of Machines ($16.4M), Transportation ($2.94M), and Metals ($1.28M).

Service Trade

Bilateral Service Trade

Swe Year

In 2014, Belarus exported services to Sweden worth $4.71M, with Computer and information services ($4.55M), Insurance services ($89.5k), and Royalties and license fees ($70.5k) being the largest in terms of value.

In 2001, Sweden exported services to Belarus worth $2M, with Other business services ($1.81M), Transportation ($95.2k), and Insurance services ($95.2k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belarus (Flag) to Sweden (Flag) (2014)

Services Exports from Sweden (Flag) to Belarus (Flag) (2001)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belarus has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Belarus.

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

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