2022
Exports
$167MWorld Rnk 64 / 222
Flag Rnk 10 / 996
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$20.6MWorld Rnk 152 / 225
Flag Rnk 142 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $167M in Insulated Wire, making it the 64th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 10th most exported product in Belarus. The main destination of Insulated Wire exports from Belarus are: Germany ($65.6M), Poland ($15.6M), Czechia ($10.2M), Austria ($8.4M), and Romania ($5.89M).

The fastest growing export markets for Insulated Wire of Belarus between 2021 and 2022 were Germany ($16.9M), Austria ($6.23M), and Kazakhstan ($3.73M).

Imports In 2022, Belarus imported $20.6M in Insulated Wire, becoming the 152nd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 142nd most imported product in Belarus. Belarus imports Insulated Wire primarily from: China ($8.39M), Poland ($3.98M), Azerbaijan ($1.87M), Germany ($1.7M), and Czechia ($1.16M).

The fastest growing import markets in Insulated Wire for Belarus between 2021 and 2022 were Azerbaijan ($1.87M), Kazakhstan ($145k), and Armenia ($72.1k).

Latest Trends

Oct 2024

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 (2022)$167M
IMPORTS (2022)$20.6M
NET TRADE (2022)$146M

In 2022, Belarus exported $167M in Insulated Wire. The main destinations of Belarus exports on Insulated Wire were Germany ($65.6M), Poland ($15.6M), Czechia ($10.2M), Austria ($8.4M), and Romania ($5.89M).

In 2022, Belarus imported $20.6M in Insulated Wire, mainly from China ($8.39M), Poland ($3.98M), Azerbaijan ($1.87M), Germany ($1.7M), and Czechia ($1.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Germany$16.9M (34.7%)
Austria$6.23M (288%)
Kazakhstan$3.73M (284%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Belarus WERE (2021 - 2022):
Russia-$110M (-100%)
Ukraine-$20.8M (-95.6%)
Lithuania-$13.2M (-70.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Insulated Wire were:
In 2022, 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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