2022
Exports
$240kWorld Rnk 64 / 160
Flag Rnk 515 / 996
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$1.82MWorld Rnk 76 / 212
Flag Rnk 559 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $240k in Metalworking Machines, making it the 64th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 515th most exported product in Belarus. The main destination of Metalworking Machines exports from Belarus are: Bulgaria ($177k), Latvia ($25.9k), Ukraine ($17.4k), Hungary ($11.2k), and Kazakhstan ($7.91k).

The fastest growing export markets for Metalworking Machines of Belarus between 2021 and 2022 were Bulgaria ($177k), Latvia ($25.9k), and Hungary ($6.55k).

Imports In 2022, Belarus imported $1.82M in Metalworking Machines, becoming the 76th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 559th most imported product in Belarus. Belarus imports Metalworking Machines primarily from: China ($1.17M), Germany ($273k), Turkey ($181k), Czechia ($55.6k), and Poland ($44.1k).

The fastest growing import markets in Metalworking Machines for Belarus between 2021 and 2022 were China ($621k), Turkey ($61.6k), and Kazakhstan ($12.1k).

Latest Trends

Aug 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 Metalworking Machines. 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)$240k
IMPORTS (2022)$1.82M
NET TRADE (2022)-$1.58M

In 2022, Belarus exported $240k in Metalworking Machines. The main destinations of Belarus exports on Metalworking Machines were Bulgaria ($177k), Latvia ($25.9k), Ukraine ($17.4k), Hungary ($11.2k), and Kazakhstan ($7.91k).

In 2022, Belarus imported $1.82M in Metalworking Machines, mainly from China ($1.17M), Germany ($273k), Turkey ($181k), Czechia ($55.6k), and Poland ($44.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Bulgaria$177k (1%)
Latvia$25.9k (1%)
Hungary$6.55k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Belarus WERE (2021 - 2022):
Russia-$912k (-100%)
Ukraine-$298k (-94.5%)
Uzbekistan-$120k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Metalworking Machines were:
In 2022, Belarus's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALHungary+ $9.1k
TOP IMPORT POTENTIALGermany+ $186k

Metalworking Machines’s highest export potential is Hungary. With an export gap of $9.1k.   Metalworking Machines’s highest import potential is Germany with an import gap of $186k.

See methodology.

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