2023
Exports
$133MWorld Rnk 66 / 223
Flag Rnk 8 / 940
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$20.1MWorld Rnk 156 / 225
Flag Rnk 168 / 1112
2023
ECONOMIC COMPLEXITY of Belarus
0.81Rnk 33 / 132

About

Exports In 2023, Belarus exported $133M in Insulated Wire, making it the 66th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 8th most exported product in Belarus. The main destination of Insulated Wire exports from Belarus are: Germany ($57M), Czechia ($18.6M), Latvia ($16.9M), Kazakhstan ($6.25M), and Israel ($5.88M).

The fastest growing export markets for Insulated Wire of Belarus between 2022 and 2023 were Latvia ($12.9M), Czechia ($8.32M), and France ($2.78M).

Imports In 2023, Belarus imported $20.1M in Insulated Wire, becoming the 156th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 168th most imported product in Belarus. Belarus imports Insulated Wire primarily from: China ($11.7M), Azerbaijan ($4.31M), Turkey ($2.59M), Kazakhstan ($750k), and Uzbekistan ($268k).

The fastest growing import markets in Insulated Wire for Belarus between 2022 and 2023 were China ($3.3M), Azerbaijan ($2.44M), and Turkey ($1.77M).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Insulated Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$133M
IMPORTS (2023)$20.1M
NET TRADE (2023)$113M

In 2023, Belarus exported $133M in Insulated Wire. The main destinations of Belarus exports on Insulated Wire were Germany ($57M), Czechia ($18.6M), Latvia ($16.9M), Kazakhstan ($6.25M), and Israel ($5.88M).

In 2023, Belarus imported $20.1M in Insulated Wire, mainly from China ($11.7M), Azerbaijan ($4.31M), Turkey ($2.59M), Kazakhstan ($750k), and Uzbekistan ($268k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Belarus WERE (2022 - 2023):
Latvia$12.9M (328%)
Czechia$8.32M (81.3%)
France$2.78M (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Belarus WERE (2022 - 2023):
Poland-$13.4M (-85.6%)
Germany-$8.64M (-13.2%)
Austria-$8.43M (-98.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Belarus's main exporting competitors in Insulated Wire were:
In 2023, Belarus's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $23.6M
TOP IMPORT POTENTIALChina+ $6.29M

Insulated Wire’s highest export potential is Germany. With an export gap of $23.6M.   Insulated Wire’s highest import potential is China with an import gap of $6.29M.

See methodology.

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