Trade Trend

In 2023, Belarus's total export value is 7.61Billion USD, total import value is 17.54Billion USD, Deficit is -9.92Billion USD, and foreign trade dependency is 0.350. In 2023，Belarus's top export products are Fertilizers; mineral or chemical, potassic(2.06Billion USD), Rape, colza or mustard oil and their fractions; whether or not refined, but not chemically modified(516.24Million USD), Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or fingerjointed, of a thickness exceeding 6mm(368.67Million USD), top export destinations are China(2.60Billion USD), Kazakhstan(764.09Million USD), Poland(473.49Million USD). In 2023, Belarus's top import products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(4.14Billion USD), Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radiobroadcast receivers or sound or video recording or reproducing apparatus(460.36Million USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(449.95Million USD), top import origins are China(5.84Billion USD), Poland(2.96Billion USD), Germany(2.05Billion USD).

Comparing to 2022, Belarus's total export value decreased -7.00Billion USD(-47.91%) in 2023, this could result from its export decreases of products such as Commodities not specified according to kind(-3.18Billion USD or -99.64%), Cheese and curd(-250.25Million USD or -78.76%), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-205.10Million USD or -71.79%) and export decreases to countries/economics such as Poland(-644.29Million USD or -57.64%), Lithuania(-504.41Million USD or -62.54%), Ukraine(-452.23Million USD or -95.80%). Comparing to 2022, Belarus's total import value decreased -1.02Billion USD(-5.48%) in 2023, this could result from its import decreases of products such as Commodities not specified according to kind(-3.59Billion USD or -99.90%), Rape or colza seeds; whether or not broken(-75.74Million USD or -82.70%), Iron or nonalloy steel; flatrolled products of a width of 600mm or more, hotrolled, not clad, plated or coated(-72.15Million USD or -95.57%), and its import decreases from countries/economies such as Ukraine(-220.52Million USD or -98.45%), Argentina(-74.21Million USD or -95.97%), United States(-49.51Million USD or -74.11%).

Cumulated to first 7 months of 2024, Belarus's total export value is 2.08Billion USD, total import value is 6.14Billion USD, and tradedeficit is -4.05Billion USD. Cumulated to first 7 months of 2024, Belarus's top export products are Fertilizers; mineral or chemical, potassic(522.63Million USD), Rape, colza or mustard oil and their fractions; whether or not refined, but not chemically modified(224.18Million USD), Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or fingerjointed, of a thickness exceeding 6mm(135.36Million USD), and top export destinations are China(843.17Million USD), Poland(179.14Million USD), Kazakhstan(147.88Million USD). Cumulated to first 7 months of 2024, Belarus's top import products are Fertilizers; mineral or chemical, potassic(522.63Million USD), Rape, colza or mustard oil and their fractions; whether or not refined, but not chemically modified(224.18Million USD), Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or fingerjointed, of a thickness exceeding 6mm(135.36Million USD), and top import origins areChina(2.36Billion USD), Poland(1.01Billion USD), Germany(854.40Million USD).