2022
Exports
$11.6MWorld Rnk 53 / 224
Flag Rnk 130 / 996
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$25MWorld Rnk 93 / 225
Flag Rnk 115 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $11.6M in Iron Fasteners, making it the 53rd largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 130th most exported product in Belarus. The main destination of Iron Fasteners exports from Belarus are: Germany ($4.02M), Poland ($1.96M), Kazakhstan ($1.36M), Uzbekistan ($722k), and Azerbaijan ($633k).

The fastest growing export markets for Iron Fasteners of Belarus between 2021 and 2022 were Kazakhstan ($862k), Poland ($264k), and Azerbaijan ($233k).

Imports In 2022, Belarus imported $25M in Iron Fasteners, becoming the 93rd largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 115th most imported product in Belarus. Belarus imports Iron Fasteners primarily from: China ($9.73M), Germany ($4.74M), Poland ($4.1M), Turkey ($1.55M), and Lithuania ($1.54M).

The fastest growing import markets in Iron Fasteners for Belarus between 2021 and 2022 were Kazakhstan ($287k), Poland ($206k), and Latvia ($159k).

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 Iron Fasteners. 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)$11.6M
IMPORTS (2022)$25M
NET TRADE (2022)-$13.4M

In 2022, Belarus exported $11.6M in Iron Fasteners. The main destinations of Belarus exports on Iron Fasteners were Germany ($4.02M), Poland ($1.96M), Kazakhstan ($1.36M), Uzbekistan ($722k), and Azerbaijan ($633k).

In 2022, Belarus imported $25M in Iron Fasteners, mainly from China ($9.73M), Germany ($4.74M), Poland ($4.1M), Turkey ($1.55M), and Lithuania ($1.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Kazakhstan$862k (173%)
Poland$264k (15.6%)
Azerbaijan$233k (58.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Belarus WERE (2021 - 2022):
Russia-$58.3M (-100%)
Germany-$3.85M (-48.9%)
Ukraine-$3.3M (-90.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Iron Fasteners were:
In 2022, Belarus's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.52M
TOP IMPORT POTENTIALChina+ $5.08M

Iron Fasteners’s highest export potential is Germany. With an export gap of $2.52M.   Iron Fasteners’s highest import potential is China with an import gap of $5.08M.

See methodology.

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