Italy / Belarus

Italy-Belarus Trade: In 2022, Italy exported $288M to Belarus. The main products that Italy exported to Belarus were Nonaqueous Paints ($16.5M), Coffee ($13.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($11.6M). Over the past 5 years the exports of Italy to Belarus have decreased at an annualized rate of 9.69%, from $480M in 2017 to $288M in 2022.

In 2001, Italy exported services to Belarus worth $6.17M, with Travel ($3.53M), Insurance services ($1.76M), and Transportation ($881k) being the largest in terms of value.

Belarus-Italy Trade: In 2022, Belarus exported $44.7M to Italy. The main products that Belarus exported to Italy were Potassic Fertilizers ($6.54M), Polyamides ($2.84M), and Tanned Equine and Bovine Hides ($2.78M). Over the past 5 years the exports of Belarus to Italy have decreased at an annualized rate of 15.8%,  from $106M in 2017 to $44.7M in 2022.

In 2014, Belarus exported services to Italy worth $2.04M, with Government services, n.i.e. ($1.27M), Computer and information services ($666k), and Insurance services ($99.7k) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).