Italy / Belarus

Italy-Belarus Trade: In 2023, Italy exported $322M to Belarus. The main products that Italy exported to Belarus were Nonaqueous Paints ($27.5M), Coffee ($13.4M), and Woodworking machines ($13.4M). Over the past 5 years the exports of Italy to Belarus have decreased at an annualized rate of 15.6%, from $753M in 2018 to $322M in 2023.

In 2001, Italy exported services to Belarus worth $6.17M, with Travel ($3.53M), Insurance services ($1.76M), and Transportation ($881k) being the largest in terms of value.

Belarus-Italy Trade: In 2023, Belarus exported $19M to Italy. The main products that Belarus exported to Italy were Polyamides ($4.99M), Non-Retail Synthetic Filament Yarn ($2.52M), and Carbon ($1.94M). Over the past 5 years the exports of Belarus to Italy have decreased at an annualized rate of 31.7%,  from $128M in 2018 to $19M in 2023.

In 2014, Belarus exported services to Italy worth $2.04M, with Government services, n.i.e. ($1.27M), Computer and information services ($666k), and Insurance services ($99.7k) being the largest in terms of value.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).