2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 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

Mexico-Belarus Trade: In 2021, Mexico exported $28.6M to Belarus. The main products that Mexico exported to Belarus were N/A. Over the past 5 years the exports of Mexico to Belarus have increased at an annualized rate of 4.4%, from $23M in 2016 to $28.6M in 2021.

In 2021, Mexico did not export any services to Belarus.

Belarus-Mexico Trade: In 2021, Belarus exported $46.1M to Mexico. The main products that Belarus exported to Mexico were Potassic Fertilizers ($46M), Hand Saws ($70.5k), and Gas and Liquid Flow Measuring Instruments ($19.4k). Over the past 5 years the exports of Belarus to Mexico have increased at an annualized rate of 49.4%,  from $4.14M in 2016 to $46.1M in 2021.

In 2014, Belarus exported services to Mexico worth $2.03M, with Computer and information services ($2.03M) and Government services, n.i.e. ($200) being the largest in terms of value.

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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 2021, Mexico exported $28.6M to Belarus. There were not main exports from Mexico to Belarus in 2021. During the last 5 years the exports of Mexico to Belarus have increased at an annualized rate of 4.4%, from $23M in 2016 to $28.6M in 2021.

In 2017, Belarus exported $46.1M to Mexico. The main products exported from Belarus to Mexico were Potassic Fertilizers ($46M), Hand Saws ($70.5k), and Gas and Liquid Flow Measuring Instruments ($19.4k). During the last 5 years the exports of Belarus to Mexico have increased at an annualized rate of 49.4%, from $4.14M in 2022 to $46.1M in 2017.

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

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

Latest Data

Trade between Mexico (Flag) and Belarus (Flag)

Mexico Exports

Belarus Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from Mexico than Belarus included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

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

Comparative Advantage Mexico - Belarus

Flow
Scale

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

During 2021, Mexico had a large net trade with Belarus in the exports of .

During 2017, Belarus had a large net trade with Mexico in the exports of Chemical Products ($46M), Metals ($72k), and Instruments ($19.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico Belarus+$8.52kCars
Top Product Potential Belarus Mexico+$135kHand Saws

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

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

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