2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 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

Ireland-Belarus Trade: In 2022, Ireland exported $8.79M to Belarus. The main products that Ireland exported to Belarus were Scented Mixtures ($5.69M), Fermented Milk Products ($657k), and Industrial Fatty Acids, Oils and Alcohols ($369k). Over the past 5 years the exports of Ireland to Belarus have decreased at an annualized rate of 21.2%, from $29M in 2017 to $8.79M in 2022.

In 2022, Ireland did not export any services to Belarus.

Belarus-Ireland Trade: In 2022, Belarus exported $3.69M to Ireland. The main products that Belarus exported to Ireland were Other Vegetable Residues ($981k), Starch Residue ($766k), and Wood Fiberboard ($666k). Over the past 5 years the exports of Belarus to Ireland have decreased at an annualized rate of 20.3%,  from $11.5M in 2017 to $3.69M in 2022.

In 2014, Belarus exported services to Ireland worth $10.9M, with Royalties and license fees ($8.27M), Computer and information services ($2.6M), and Insurance services ($26.4k) being the largest in terms of value.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $8.79M to Belarus. The main products exported from Ireland to Belarus were Scented Mixtures ($5.69M), Fermented Milk Products ($657k), and Industrial Fatty Acids, Oils and Alcohols ($369k). During the last 5 years the exports of Ireland to Belarus have decreased at an annualized rate of 21.2%, from $29M in 2017 to $8.79M in 2022.

In 2017, Belarus exported $3.69M to Ireland. The main products exported from Belarus to Ireland were Other Vegetable Residues ($981k), Starch Residue ($766k), and Wood Fiberboard ($666k). During the last 5 years the exports of Belarus to Ireland have decreased at an annualized rate of 20.3%, from $11.5M in 2022 to $3.69M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from Ireland than Belarus included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Belarus than Ireland included Ukraine ($1.29B), Lithuania ($778M), and Kazakhstan ($827M).

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

Comparative Advantage Ireland - Belarus

Flow
Scale

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

During 2022, Ireland had a large net trade with Belarus in the exports of Chemical Products ($6.57M), Animal Products ($853k), and Foodstuffs ($774k).

During 2017, Belarus had a large net trade with Ireland in the exports of Foodstuffs ($1.75M), Wood Products ($750k), and Miscellaneous ($725k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Belarus+$1.9MScented Mixtures
Top Product Potential Belarus Ireland+$787kOther 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 Ireland and Belarus. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Ireland.

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

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