2023
Exports
$385kWorld Rnk 62 / 196
Flag Rnk 408 / 940
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$8.97MWorld Rnk 59 / 221
Flag Rnk 280 / 1112
2023
ECONOMIC COMPLEXITY of Belarus
0.81Rnk 33 / 132

About

Exports In 2023, Belarus exported $385k in Wrenches, making it the 62nd largest exporter of Wrenches in the world. At the same year, Wrenches was the 408th most exported product in Belarus. The main destination of Wrenches exports from Belarus are: Kazakhstan ($364k), Lithuania ($14.1k), Serbia ($3.22k), Canada ($2.12k), and Bulgaria ($1.11k).

The fastest growing export markets for Wrenches of Belarus between 2022 and 2023 were Serbia ($3.22k), Canada ($1.54k), and China ($207).

Imports In 2023, Belarus imported $8.97M in Wrenches, becoming the 59th largest importer of Wrenches in the world. At the same year, Wrenches was the 280th most imported product in Belarus. Belarus imports Wrenches primarily from: China ($6.01M), Poland ($2.06M), Chinese Taipei ($446k), Lithuania ($177k), and India ($104k).

The fastest growing import markets in Wrenches for Belarus between 2022 and 2023 were China ($1.63M), Poland ($176k), and Chinese Taipei ($170k).

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 Wrenches. 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)$385k
IMPORTS (2023)$8.97M
NET TRADE (2023)-$8.58M

In 2023, Belarus exported $385k in Wrenches. The main destinations of Belarus exports on Wrenches were Kazakhstan ($364k), Lithuania ($14.1k), Serbia ($3.22k), Canada ($2.12k), and Bulgaria ($1.11k).

In 2023, Belarus imported $8.97M in Wrenches, mainly from China ($6.01M), Poland ($2.06M), Chinese Taipei ($446k), Lithuania ($177k), and India ($104k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Belarus WERE (2022 - 2023):
Serbia$3.22k (322k%)
Canada$1.54k (264%)
China$207 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Belarus WERE (2022 - 2023):
Kazakhstan-$107k (-22.8%)
Georgia-$36.1k (-100%)
Mongolia-$7.37k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALLithuania+ $14.5k
TOP IMPORT POTENTIALChina+ $421k

Wrenches’s highest export potential is Lithuania. With an export gap of $14.5k.   Wrenches’s highest import potential is China with an import gap of $421k.

See methodology.

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