2023
Exports
$65.8MWorld Rnk 83 / 225
Flag Rnk 24 / 96
2023
PRODUCT COMPLEXITY IN Pharmaceutical products
1.25Rnk 89 / 1025
2023
Imports
$612MWorld Rnk 82 / 226
Flag Rnk 5 / 96
2023
ECONOMIC COMPLEXITY of Belarus
0.81Rnk 33 / 132

About

Exports In 2023, Belarus exported $65.8M in Pharmaceutical products, making it the 83rd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 24th most exported product in Belarus. The main destination of Pharmaceutical products exports from Belarus are: Kazakhstan ($20.8M), Uzbekistan ($17.9M), Azerbaijan ($8.53M), Georgia ($6.7M), and Kyrgyzstan ($4.17M).

The fastest growing export markets for Pharmaceutical products of Belarus between 2022 and 2023 were Georgia ($3.19M), Kazakhstan ($2M), and Armenia ($663k).

Imports In 2023, Belarus imported $612M in Pharmaceutical products, becoming the 82nd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 5th most imported product in Belarus. Belarus imports Pharmaceutical products primarily from: Lithuania ($149M), Germany ($75.9M), Slovenia ($58.9M), Switzerland ($54.4M), and Hungary ($47.9M).

The fastest growing import markets in Pharmaceutical products for Belarus between 2022 and 2023 were Lithuania ($26.7M), Switzerland ($13.9M), and Hungary ($9.63M).

Latest Trends

Jan 2025

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 Pharmaceutical products. 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 (2023)$65.8M
IMPORTS (2023)$612M
NET TRADE (2023)-$547M

In 2023, Belarus exported $65.8M in Pharmaceutical products. The main destinations of Belarus exports on Pharmaceutical products were Kazakhstan ($20.8M), Uzbekistan ($17.9M), Azerbaijan ($8.53M), Georgia ($6.7M), and Kyrgyzstan ($4.17M).

In 2023, Belarus imported $612M in Pharmaceutical products, mainly from Lithuania ($149M), Germany ($75.9M), Slovenia ($58.9M), Switzerland ($54.4M), and Hungary ($47.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Belarus WERE (2022 - 2023):
Georgia$3.19M (90.7%)
Kazakhstan$2M (10.6%)
Armenia$663k (24.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Belarus WERE (2022 - 2023):
Vietnam-$6M (-100%)
Hungary-$1.78M (-100%)
Kyrgyzstan-$1.51M (-26.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Belarus's main exporting competitors in Pharmaceutical products were:
In 2023, Belarus's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2M
TOP IMPORT POTENTIALGermany+ $54M

Pharmaceutical products’s highest export potential is Germany. With an export gap of $2M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $54M.

See methodology.

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