2022
Exports
$4.14MWorld Rnk 66 / 213
Flag Rnk 210 / 996
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$21MWorld Rnk 75 / 225
Flag Rnk 139 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $4.14M in Interchangeable Tool Parts, making it the 66th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 210th most exported product in Belarus. The main destination of Interchangeable Tool Parts exports from Belarus are: Kazakhstan ($1.41M), Kyrgyzstan ($731k), Mongolia ($346k), Ukraine ($323k), and Georgia ($292k).

The fastest growing export markets for Interchangeable Tool Parts of Belarus between 2021 and 2022 were Mongolia ($84.8k), Georgia ($84.5k), and Vietnam ($57.9k).

Imports In 2022, Belarus imported $21M in Interchangeable Tool Parts, becoming the 75th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 139th most imported product in Belarus. Belarus imports Interchangeable Tool Parts primarily from: China ($5.54M), Lithuania ($3.25M), Poland ($3.19M), Germany ($3.05M), and Austria ($1.41M).

The fastest growing import markets in Interchangeable Tool Parts for Belarus between 2021 and 2022 were Lithuania ($1.27M), Austria ($1.18M), and Kazakhstan ($141k).

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 Interchangeable Tool Parts. 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)$4.14M
IMPORTS (2022)$21M
NET TRADE (2022)-$16.9M

In 2022, Belarus exported $4.14M in Interchangeable Tool Parts. The main destinations of Belarus exports on Interchangeable Tool Parts were Kazakhstan ($1.41M), Kyrgyzstan ($731k), Mongolia ($346k), Ukraine ($323k), and Georgia ($292k).

In 2022, Belarus imported $21M in Interchangeable Tool Parts, mainly from China ($5.54M), Lithuania ($3.25M), Poland ($3.19M), Germany ($3.05M), and Austria ($1.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Mongolia$84.8k (32.5%)
Georgia$84.5k (40.7%)
Vietnam$57.9k (27.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Belarus WERE (2021 - 2022):
Russia-$12.4M (-100%)
Ukraine-$2.02M (-86.2%)
Italy-$296k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Belarus's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $271k
TOP IMPORT POTENTIALChina+ $2.85M

Interchangeable Tool Parts’s highest export potential is Germany. With an export gap of $271k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $2.85M.

See methodology.

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