Sweden / Belarus

Sweden-Belarus Trade: In 2022, Sweden exported $24.9M to Belarus. The main products that Sweden exported to Belarus were Gas Turbines ($3.16M), Lifting Machinery ($2.89M), and Liquid Pumps ($1.96M). Over the past 5 years the exports of Sweden to Belarus have decreased at an annualized rate of 23.6%, from $96M in 2017 to $24.9M in 2022.

In 2001, Sweden exported services to Belarus worth $2M, with Other business services ($1.81M), Transportation ($95.2k), and Insurance services ($95.2k) being the largest in terms of value.

Belarus-Sweden Trade: In 2022, Belarus exported $9.89M to Sweden. The main products that Belarus exported to Sweden were Seats ($3.46M), Potassic Fertilizers ($1.16M), and Steel Wire ($1.02M). Over the past 5 years the exports of Belarus to Sweden have decreased at an annualized rate of 21.8%,  from $33.7M in 2017 to $9.89M in 2022.

In 2014, Belarus exported services to Sweden worth $4.71M, with Computer and information services ($4.55M), Insurance services ($89.5k), and Royalties and license fees ($70.5k) being the largest in terms of value.

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).