2022
Exports
$12.3MWorld Rnk 53 / 152
Flag Rnk 127 / 996
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$276kWorld Rnk 172 / 211
Flag Rnk 852 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $12.3M in Seed Oils, making it the 53rd largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 127th most exported product in Belarus. The main destination of Seed Oils exports from Belarus are: Lithuania ($8.52M), Israel ($1.44M), Latvia ($1.08M), Estonia ($470k), and Poland ($462k).

The fastest growing export markets for Seed Oils of Belarus between 2021 and 2022 were Lithuania ($3.65M), Israel ($1.26M), and Poland ($262k).

Imports In 2022, Belarus imported $276k in Seed Oils, becoming the 172nd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 852nd most imported product in Belarus. Belarus imports Seed Oils primarily from: Ukraine ($121k), Spain ($95k), Lithuania ($34.3k), Poland ($15k), and Belgium ($6.66k).

The fastest growing import markets in Seed Oils for Belarus between 2021 and 2022 were Finland ($2.85k), Belgium ($2.78k), and Lithuania ($1.62k).

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 Seed Oils. 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)$12.3M
IMPORTS (2022)$276k
NET TRADE (2022)$12M

In 2022, Belarus exported $12.3M in Seed Oils. The main destinations of Belarus exports on Seed Oils were Lithuania ($8.52M), Israel ($1.44M), Latvia ($1.08M), Estonia ($470k), and Poland ($462k).

In 2022, Belarus imported $276k in Seed Oils, mainly from Ukraine ($121k), Spain ($95k), Lithuania ($34.3k), Poland ($15k), and Belgium ($6.66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Lithuania$3.65M (75%)
Israel$1.26M (727%)
Poland$262k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Belarus WERE (2021 - 2022):
Latvia-$440k (-29%)
Russia-$363k (-100%)
Turkmenistan-$86.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Belarus's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $906k
TOP IMPORT POTENTIALSpain+ $48.2k

Seed Oils’s highest export potential is Poland. With an export gap of $906k.   Seed Oils’s highest import potential is Spain with an import gap of $48.2k.

See methodology.

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