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Belarus – Trade Statistics

  • Belarus is the 60th largest export economy in the world and the 30th most complex economy according to the Economic Complexity Index (ECI). In 2014, Belarus exported $36.1B and imported $37.5B, resulting in a negative trade balance of $1.42B. In 2014 the GDP of Belarus was $76.1B and its GDP per capita was $18.2k.
  • The top exports of Belarus are Refined Petroleum ($10.3B), Potassic Fertilizers ($2.72B), Crude Petroleum ($1.12B), Delivery Trucks ($1.01B) and Tractors ($853M), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Crude Petroleum ($7.75B), Petroleum Gas ($3.4B), Packaged Medicaments ($562M), Cars ($530M) and Vehicle Parts ($381M).
  • The top export destinations of Belarus are Russia ($14.9B), Ukraine ($4.08B), the United Kingdom ($2.92B), the Netherlands ($1.72B) and Germany ($1.68B).
  • The top import origins are Russia ($20.2B), Lithuania ($3.02B), Germany ($2.41B), Poland ($2.4B) and Ukraine ($1.53B).
  • Belarus holds a place of 44th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Belarus has decreased it’s ranking from 105 to 109. But the country has increased it’s ranking from 39 to 12 in case of ‘Starting a Business’.