2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$7,829CURRENT US$
Rnk 98 / 196
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195

About

Germany-Belarus Trade: In 2023, Germany exported $2.05B to Belarus. The main products that Germany exported to Belarus were Cars ($1.1B), Refined Petroleum ($61.5M), and Packaged Medicaments ($58.9M). Over the past 5 years the exports of Germany to Belarus have increased at an annualized rate of 2.78%, from $1.78B in 2018 to $2.05B in 2023.

In 2023, Germany did not export any services to Belarus.

Belarus-Germany Trade: In 2023, Belarus exported $258M to Germany. The main products that Belarus exported to Germany were Insulated Wire ($57M), Raw Lead ($23.5M), and Other Furniture ($22.4M). Over the past 5 years the exports of Belarus to Germany have decreased at an annualized rate of 19.4%,  from $1.45B in 2018 to $258M in 2023.

In 2014, Belarus exported services to Germany worth $44.4M, with Computer and information services ($38M), Government services, n.i.e. ($3.17M), and Insurance services ($2.43M) being the largest in terms of value.

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $2.05B to Belarus. The main products exported from Germany to Belarus were Cars ($1.1B), Refined Petroleum ($61.5M), and Packaged Medicaments ($58.9M). During the last 5 years the exports of Germany to Belarus have increased at an annualized rate of 2.78%, from $1.78B in 2018 to $2.05B in 2023.

In 2018, Belarus exported $258M to Germany. The main products exported from Belarus to Germany were Insulated Wire ($57M), Raw Lead ($23.5M), and Other Furniture ($22.4M). During the last 5 years the exports of Belarus to Germany have decreased at an annualized rate of 19.4%, from $1.45B in 2023 to $258M in 2018.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Belarus
Top Destination
China$2.6B

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

In 2023, countries that imported more from Germany than Belarus included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, no countries were registered that imported more from Belarus than from Germany.

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

Comparative Advantage Germany - Belarus

Flow
Scale

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

During 2023, Germany had a large net trade with Belarus in the exports of Transportation ($1.18B), Chemical Products ($255M), and Machines ($125M).

During 2018, Belarus had a large net trade with Germany in the exports of Machines ($75.4M), Miscellaneous ($53.1M), and Metals ($25.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Belarus+$80.5MCars
Top Product Potential Belarus Germany+$23.6MInsulated Wire

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

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

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