2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

United Kingdom-Belarus Trade: In 2022, United Kingdom exported $34.2M to Belarus. The main products that United Kingdom exported to Belarus were Motor vehicles; parts and accessories (8701 to 8705) ($4.38M), Silicone ($2.43M), and Non-fillet Frozen Fish ($1.76M). Over the past 5 years the exports of United Kingdom to Belarus have decreased at an annualized rate of 29.5%, from $196M in 2017 to $34.2M in 2022.

In 2003, United Kingdom exported services to Belarus worth $3.65M, with Travel ($3.65M) being the largest in terms of value.

Belarus-United Kingdom Trade: In 2022, Belarus exported $64.7M to United Kingdom. The main products that Belarus exported to United Kingdom were Raw Iron Bars ($15.8M), Aluminium Bars ($8.74M), and Aluminium Structures ($5.86M). Over the past 5 years the exports of Belarus to United Kingdom have decreased at an annualized rate of 51.4%,  from $2.38B in 2017 to $64.7M in 2022.

In 2014, Belarus exported services to United Kingdom worth $51.4M, with Computer and information services ($49.7M), Government services, n.i.e. ($803k), and Insurance services ($612k) being the largest in terms of value.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $34.2M to Belarus. The main products exported from United Kingdom to Belarus were Motor vehicles; parts and accessories (8701 to 8705) ($4.38M), Silicone ($2.43M), and Non-fillet Frozen Fish ($1.76M). During the last 5 years the exports of United Kingdom to Belarus have decreased at an annualized rate of 29.5%, from $196M in 2017 to $34.2M in 2022.

In 2017, Belarus exported $64.7M to United Kingdom. The main products exported from Belarus to United Kingdom were Raw Iron Bars ($15.8M), Aluminium Bars ($8.74M), and Aluminium Structures ($5.86M). During the last 5 years the exports of Belarus to United Kingdom have decreased at an annualized rate of 51.4%, from $2.38B in 2022 to $64.7M in 2017.

Exports from United Kingdom (Flag) to Belarus (Flag) (2022)

Exports from Belarus (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from United Kingdom than Belarus included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Belarus than United Kingdom included Ukraine ($1.29B), Kazakhstan ($827M), and Uzbekistan ($386M).

Difference in imports from Belarus (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Belarus

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Belarus in the exports of Chemical Products ($7.77M), Transportation ($6.77M), and Machines ($5.41M).

During 2017, Belarus had a large net trade with United Kingdom in the exports of Metals ($33.4M), Wood Products ($11.9M), and Miscellaneous ($6.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Belarus+$5.99MCars
Top Product Potential Belarus United Kingdom+$6.79MOther Furniture

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

Product Space of United Kingdom (Flag) and Belarus (Flag) (2022)

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