2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 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 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 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

United Kingdom-Belarus Trade: In 2023, United Kingdom exported $17.7M to Belarus. The main products that United Kingdom exported to Belarus were Poultry ($2.48M), Orthopedic Appliances ($1.36M), and Other Coloring Matter ($1.17M). Over the past 5 years the exports of United Kingdom to Belarus have decreased at an annualized rate of 43.7%, from $312M in 2018 to $17.7M in 2023.

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 2023, Belarus exported $9.38M to United Kingdom. The main products that Belarus exported to United Kingdom were Aluminium Bars ($3.13M), Aluminium Structures ($1.86M), and LCDs ($738k). Over the past 5 years the exports of Belarus to United Kingdom have decreased at an annualized rate of 61.9%,  from $3.07B in 2018 to $9.38M in 2023.

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 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). 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, United Kingdom exported $17.7M to Belarus. The main products exported from United Kingdom to Belarus were Poultry ($2.48M), Orthopedic Appliances ($1.36M), and Other Coloring Matter ($1.17M). During the last 5 years the exports of United Kingdom to Belarus have decreased at an annualized rate of 43.7%, from $312M in 2018 to $17.7M in 2023.

In 2018, Belarus exported $9.38M to United Kingdom. The main products exported from Belarus to United Kingdom were Aluminium Bars ($3.13M), Aluminium Structures ($1.86M), and LCDs ($738k). During the last 5 years the exports of Belarus to United Kingdom have decreased at an annualized rate of 61.9%, from $3.07B in 2023 to $9.38M in 2018.

Exports from United Kingdom (Flag) to Belarus (Flag) (2023)

Exports from Belarus (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Belarus
Top Destination
China$2.6B

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 2023, countries that imported more from United Kingdom than Belarus included United States ($59.7B), Germany ($34.6B), and China ($35.3B).

In 2023, countries that imported more from Belarus than United Kingdom included Uzbekistan ($509M), Kazakhstan ($757M), and Moldova ($87.6M).

Difference in imports from Belarus (Flag) and United Kingdom (Flag) (2023)

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 2023, United Kingdom had a large net trade with Belarus in the exports of Chemical Products ($4.74M), Animal Products ($2.48M), and Instruments ($2.45M).

During 2018, Belarus had a large net trade with United Kingdom in the exports of Metals ($5.52M), Machines ($1.2M), and Instruments ($966k).

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) (2023)

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