2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

Greece-Belarus Trade: In 2022, Greece exported $9.48M to Belarus. The main products that Greece exported to Belarus were Raw Tobacco ($3.49M), Refined Petroleum ($1.22M), and Harvesting Machinery ($754k). Over the past 5 years the exports of Greece to Belarus have decreased at an annualized rate of 18.4%, from $26.2M in 2017 to $9.48M in 2022.

In 2003, Greece exported services to Belarus worth $682k, with Personal, cultural, and recreational services ($240k), Travel ($139k), and Computer and information services ($126k) being the largest in terms of value.

Belarus-Greece Trade: In 2022, Belarus exported $2.98M to Greece. The main products that Belarus exported to Greece were Non-Retail Synthetic Filament Yarn ($978k), Insulated Wire ($648k), and Antiknock ($547k). Over the past 5 years the exports of Belarus to Greece have increased at an annualized rate of 2.5%,  from $2.64M in 2017 to $2.98M in 2022.

In 2014, Belarus exported services to Greece worth $2.15M, with Royalties and license fees ($2.01M), Computer and information services ($138k), and Government services, n.i.e. ($2.2k) being the largest in terms of value.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $9.48M to Belarus. The main products exported from Greece to Belarus were Raw Tobacco ($3.49M), Refined Petroleum ($1.22M), and Harvesting Machinery ($754k). During the last 5 years the exports of Greece to Belarus have decreased at an annualized rate of 18.4%, from $26.2M in 2017 to $9.48M in 2022.

In 2017, Belarus exported $2.98M to Greece. The main products exported from Belarus to Greece were Non-Retail Synthetic Filament Yarn ($978k), Insulated Wire ($648k), and Antiknock ($547k). During the last 5 years the exports of Belarus to Greece have increased at an annualized rate of 2.5%, from $2.64M in 2022 to $2.98M in 2017.

Exports from Greece (Flag) to Belarus (Flag) (2022)

Exports from Belarus (Flag) to Greece (Flag) (2022)

Latest Data

Trade between Greece (Flag) and Belarus (Flag)

Greece Exports

Belarus Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Belarus
Top Destination
China$1.6B

This map shows whether countries import more from Greece or Belarus. Each country is colored based on the difference in imports they receive from Greece and Belarus or the difference in the growth in imports.

In 2022, countries that imported more from Greece than Belarus included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

In 2022, countries that imported more from Belarus than Greece included China ($1.6B), Ukraine ($1.29B), and Kazakhstan ($827M).

Difference in imports from Belarus (Flag) and Greece (Flag) (2022)

Comparative Advantage Greece - Belarus

Flow
Scale

This chart compares trade between Greece and Belarus by product, considering products traded by both, Greece and Belarus.

During 2022, Greece had a large net trade with Belarus in the exports of Foodstuffs ($3.87M), Mineral Products ($1.28M), and Chemical Products ($1.19M).

During 2017, Belarus had a large net trade with Greece in the exports of Textiles ($1.03M), Chemical Products ($782k), and Machines ($661k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Belarus+$2.17MRefined Petroleum
Top Product Potential Belarus Greece+$722kInsulated Wire

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Greece and Belarus. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Greece.

Product Space of Greece (Flag) and Belarus (Flag) (2022)

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