2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Belarus Trade: In 2022, Israel exported $19.2M to Belarus. The main products that Israel exported to Belarus were Fruit Juice ($5.58M), Tool Plates ($2.19M), and Frozen Fruits and Nuts ($1.54M). Over the past 5 years the exports of Israel to Belarus have decreased at an annualized rate of 20.5%, from $60.4M in 2017 to $19.2M in 2022.

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

Belarus-Israel Trade: In 2022, Belarus exported $24.9M to Israel. The main products that Belarus exported to Israel were Insulated Wire ($5.24M), Rapeseed Oil ($3.47M), and Processed Fish ($3.36M). Over the past 5 years the exports of Belarus to Israel have decreased at an annualized rate of 20.3%,  from $77.1M in 2017 to $24.9M in 2022.

In 2014, Belarus exported services to Israel worth $8.02M, with Computer and information services ($7.21M), Government services, n.i.e. ($627k), and Insurance services ($177k) being the largest in terms of value.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $19.2M to Belarus. The main products exported from Israel to Belarus were Fruit Juice ($5.58M), Tool Plates ($2.19M), and Frozen Fruits and Nuts ($1.54M). During the last 5 years the exports of Israel to Belarus have decreased at an annualized rate of 20.5%, from $60.4M in 2017 to $19.2M in 2022.

In 2017, Belarus exported $24.9M to Israel. The main products exported from Belarus to Israel were Insulated Wire ($5.24M), Rapeseed Oil ($3.47M), and Processed Fish ($3.36M). During the last 5 years the exports of Belarus to Israel have decreased at an annualized rate of 20.3%, from $77.1M in 2022 to $24.9M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Belarus (Flag)

Israel Exports

Belarus Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from Israel than Belarus included United States ($20.3B), Palestine ($4.6B), and China ($5.53B).

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

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

Comparative Advantage Israel - Belarus

Flow
Scale

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

During 2022, Israel had a large net trade with Belarus in the exports of Foodstuffs ($6.85M), Vegetable Products ($3.02M), and Metals ($2.5M).

During 2017, Belarus had a large net trade with Israel in the exports of Foodstuffs ($7.56M), Machines ($6.79M), and Animal and Vegetable Bi-Products ($4.95M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Belarus+$1.36MMedical Instruments
Top Product Potential Belarus Israel+$2.04MInsulated 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 Israel and Belarus. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Israel.

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

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