2022
Exports
$16.1MWorld Rnk 33 / 171
Flag Rnk 97 / 996
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$1.46MWorld Rnk 149 / 220
Flag Rnk 600 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $16.1M in Iron Nails, making it the 33rd largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 97th most exported product in Belarus. The main destination of Iron Nails exports from Belarus are: Czechia ($4.61M), Poland ($4.31M), Germany ($2.95M), Kazakhstan ($769k), and Lithuania ($749k).

The fastest growing export markets for Iron Nails of Belarus between 2021 and 2022 were Poland ($3.05M), Kazakhstan ($762k), and United States ($85.5k).

Imports In 2022, Belarus imported $1.46M in Iron Nails, becoming the 149th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 600th most imported product in Belarus. Belarus imports Iron Nails primarily from: China ($848k), Poland ($242k), Ukraine ($144k), Lithuania ($87.1k), and Kazakhstan ($72.6k).

The fastest growing import markets in Iron Nails for Belarus between 2021 and 2022 were China ($412k), Poland ($82.6k), and Kazakhstan ($72.6k).

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 Nails. 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)$16.1M
IMPORTS (2022)$1.46M
NET TRADE (2022)$14.6M

In 2022, Belarus exported $16.1M in Iron Nails. The main destinations of Belarus exports on Iron Nails were Czechia ($4.61M), Poland ($4.31M), Germany ($2.95M), Kazakhstan ($769k), and Lithuania ($749k).

In 2022, Belarus imported $1.46M in Iron Nails, mainly from China ($848k), Poland ($242k), Ukraine ($144k), Lithuania ($87.1k), and Kazakhstan ($72.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Poland$3.05M (242%)
Kazakhstan$762k (11.6k%)
United States$85.5k (38.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Belarus WERE (2021 - 2022):
Russia-$17.5M (-100%)
Germany-$5.49M (-65%)
France-$3.43M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $702k
TOP IMPORT POTENTIALChina+ $380k

Iron Nails’s highest export potential is United States. With an export gap of $702k.   Iron Nails’s highest import potential is China with an import gap of $380k.

See methodology.

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