2022
Exports
$544kWorld Rnk 55 / 200
Flag Rnk 418 / 996
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$7.19MWorld Rnk 64 / 219
Flag Rnk 304 / 1121
2022
ECONOMIC COMPLEXITY of Belarus
0.82Rnk 32 / 133

About

Exports In 2022, Belarus exported $544k in Wrenches, making it the 55th largest exporter of Wrenches in the world. At the same year, Wrenches was the 418th most exported product in Belarus. The main destination of Wrenches exports from Belarus are: Kazakhstan ($472k), Georgia ($36.1k), Lithuania ($16.4k), Mongolia ($7.34k), and Chile ($4.28k).

The fastest growing export markets for Wrenches of Belarus between 2021 and 2022 were Kazakhstan ($158k), Georgia ($13.1k), and Mongolia ($7.34k).

Imports In 2022, Belarus imported $7.19M in Wrenches, becoming the 64th largest importer of Wrenches in the world. At the same year, Wrenches was the 304th most imported product in Belarus. Belarus imports Wrenches primarily from: China ($4.38M), Poland ($1.89M), India ($319k), Chinese Taipei ($277k), and Lithuania ($212k).

The fastest growing import markets in Wrenches for Belarus between 2021 and 2022 were China ($1.09M), Poland ($594k), and Georgia ($7.44k).

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 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 (2022)$544k
IMPORTS (2022)$7.19M
NET TRADE (2022)-$6.64M

In 2022, Belarus exported $544k in Wrenches. The main destinations of Belarus exports on Wrenches were Kazakhstan ($472k), Georgia ($36.1k), Lithuania ($16.4k), Mongolia ($7.34k), and Chile ($4.28k).

In 2022, Belarus imported $7.19M in Wrenches, mainly from China ($4.38M), Poland ($1.89M), India ($319k), Chinese Taipei ($277k), and Lithuania ($212k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Belarus WERE (2021 - 2022):
Kazakhstan$158k (50.4%)
Georgia$13.1k (57.1%)
Mongolia$7.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Belarus WERE (2021 - 2022):
Russia-$4.4M (-100%)
Ukraine-$200k (-100%)
Poland-$195k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belarus's main exporting competitors in Wrenches were:
In 2022, 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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