NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Economic Complexity
Trade 0.81Rank 33 of 132
2021
Economic Complexity
Technology -0.62Rank 65 of 96
2022
Economic Complexity
Research -1.15Rank 131 of 140
2023
Product
Exports | Imports $7.61B | $17.8B114 of 226 |  89 of 226
2023
Per Capita Product
Exports | Imports $829 | $1.94k130 of 220 |  44 of 220

About

Overview In 2023, Belarus was the number 84 economy in the world in terms of GDP (current US$), the number 114 in total exports, the number 89 in total imports, the number 98 economy in terms of GDP per capita (current US$) and the number 33 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Belarus are Potassic Fertilizers ($2.01B), Rapeseed Oil ($504M), Sawn Wood ($375M), Poultry Meat ($296M), and Tractors ($198M), exporting mostly to China ($2.6B), Kazakhstan ($757M), Uzbekistan ($509M), Poland ($449M), and Brazil ($415M).

Imports The top imports of Belarus are Cars ($4.12B), Broadcasting Equipment ($617M), Video Displays ($439M), Packaged Medicaments ($439M), and Light Rubberized Knitted Fabric ($399M), importing mostly from China ($5.82B), Poland ($2.85B), Germany ($2.05B), Lithuania ($1.84B), and Turkey ($1.68B).

Location Belarus borders Latvia, Lithuania, Poland, Russia, and Ukraine by land.

Latest Trends

Latest Trade

Flow
View
Y-AXIS SCALE

The following section uses the most recent trade data from partners of Belarus.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Potassic Fertilizers$2.01B
Top Destination (2023)China$2.6B

In 2023, Belarus exported a total of $7.61B, making it the number 114 exporter in the world. During the last five reported years the exports of Belarus have changed by -$25.8B from $33.4B in 2018 to $7.61B in 2023.

The most recent exports are led by Potassic Fertilizers ($2.01B), Rapeseed Oil ($504M), Sawn Wood ($375M), Poultry Meat ($296M), and Tractors ($198M). The most common destination for the exports of Belarus are China ($2.6B), Kazakhstan ($757M), Uzbekistan ($509M), Poland ($449M), and Brazil ($415M).

Explore Visualizations

Exports (2023)
[Click to Select a Product]

Destinations (2023)
[Click to Select a Country]

Market Growth

Flow
View
Growth
Fastest Growing Export Markets (2022 - 2023)
China$800M (+ 44.3%)
Uzbekistan$103M (+ 25.5%)
Azerbaijan$58.6M (+ 22%)
Fastest Growing Import Markets (2022 - 2023)
China$2.59B (+ 80.1%)
Poland$1.02B (+ 55.6%)
Turkey$558M (+ 49.5%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

Type
Flow
Depth
View
Sort By

Subscribe today to OEC pro and access the latest data

Sign Up

Service Trade

Service Trade

Belarus Exports Services (2016)$5.48B
Belarus Imports Services (2016)$3.89B

In 2016, Belarus exported $5.48B worth of services. The top services exported by Belarus in 2016 were Other transport ($2.29B), Personal travel ($643M), Construction abroad ($542M), Miscellaneous business, professional, and technical services ($497M), and Construction in the compiling economy ($489M).

The top services imported by Belarus in 2016 were Other transport ($834M), Construction in the compiling economy ($751M), Personal travel ($622M), Miscellaneous business, professional, and technical services ($556M), and Sea transport ($311M).

Service Exports (2016)

Service Imports (2016)

Economic Complexity

Overview

Economic Complexity (Trade)0.81Rank 33 of 132
Economic Complexity (Technology)-0.62Rank 65 of 96
Economic Complexity (Research)-1.15Rank 131 of 140

Most Specialized Products by RCA Index

Belarus has a high level of specialization in Potassic Fertilizers (237), Rapeseed Oil (107), Densified Wood (80.7), Flax Fibers (78.9), and Flax Woven Fabric (56.6). Specialization is measured using RCA, an index that takes the ratio between Belarus observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Belarus according to the product complexity index (PCI) are Tools, hand; saws and blades for saws of all kinds (including slitting,... (1.71), X-ray, alpha, beta, gamma radiation apparatus; x-ray tubes, x-ray generators, high tension... (1.62), Alloy steel flat-rolled products, of a width of less than 600mm (1.57), Polyamides in primary forms (1.49), and Machinery, auxiliary; for use with machines of heading no. 8444 to 8447... (1.4). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Belarus according to the relatedness index, were Rough Wood (0.22), Bovine (0.22), Raw Furskins (0.21), Margarine (0.21), and Confectionery Sugar (0.21). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Belarus is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Belarus. These are products that tend to be co-exported with the products that Belarus exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Belarus's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨29th to the 33rd⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

ECI (Trade) Ranking by Country

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms