Thailand / Belarus

Thailand-Belarus Trade: In 2023, Thailand exported $14.1M to Belarus. The main products that Thailand exported to Belarus were Other Electrical Machinery ($7.82M), Cellulose ($1.63M), and Tulles and Net Fabric ($1.44M). Over the past 5 years the exports of Thailand to Belarus have decreased at an annualized rate of 19.8%, from $42.5M in 2018 to $14.1M in 2023.

In 2023, Thailand did not export any services to Belarus.

Belarus-Thailand Trade: In 2023, Belarus exported $41.6M to Thailand. The main products that Belarus exported to Thailand were Potassic Fertilizers ($35.5M), Whey and other milk products ($2.81M), and Carbon ($1.38M). Over the past 5 years the exports of Belarus to Thailand have decreased at an annualized rate of 12.8%,  from $82.4M in 2018 to $41.6M in 2023.

In 2014, Belarus exported services to Thailand worth $2.25M, with Computer and information services ($2.25M) and Government services, n.i.e. ($800) being the largest in terms of value.

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).