Indonesia (IDN) and Belarus (BLR) Trade | The Observatory of Economic Complexity

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Indonesia-Belarus Trade: In 2022, Indonesia exported $692k to Belarus. The main products that Indonesia exported to Belarus were Raw Tobacco ($417k), Other Vegetable Residues and Waste ($194k), and Narrow Woven Fabric ($35k). Over the past 5 years the exports of Indonesia to Belarus have decreased at an annualized rate of 49.6%, from $21.3M in 2017 to $692k in 2022.

In 2022, Indonesia did not export any services to Belarus.

Belarus-Indonesia Trade: In 2022, Belarus exported $78.1M to Indonesia. The main products that Belarus exported to Indonesia were N/A. Over the past 5 years the exports of Belarus to Indonesia have decreased at an annualized rate of 14.7%, from $173M in 2017 to $78.1M in 2022.

In 2014, Belarus exported services to Indonesia worth $2.06M, with Royalties and license fees ($2.01M), Computer and information services ($30.8k), and Insurance services ($7.08k) being the largest in terms of value.

Comparison: In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Indonesia exported $692k to Belarus. The main products exported from Indonesia to Belarus were Raw Tobacco ($417k), Other Vegetable Residues and Waste ($194k), and Narrow Woven Fabric ($35k). During the last 5 years the exports of Indonesia to Belarus have decreased at an annualized rate of 49.6%, from $21.3M in 2017 to $692k in 2022.

In 2017, Belarus exported $78.1M to Indonesia. There were not main exports from Belarus to Indonesia in 2017. During the last 5 years the exports of Belarus to Indonesia have decreased at an annualized rate of 14.7%, from $173M in 2022 to $78.1M in 2017.

Exports from Indonesia () to Belarus () (2022)

Exports from Belarus () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Belarus ()

Indonesia Exports

Date

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$67.7B

Belarus
Top DestinationChina$1.6B

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

In 2022, countries that imported more from Indonesia than Belarus included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from Belarus than Indonesia included Ukraine ($1.29B), Lithuania ($778M), and Kazakhstan ($827M).

Difference in imports from Belarus () and Indonesia () (2022)

Comparative Advantage Indonesia - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Indonesia had a large net trade with Belarus in the exports of Foodstuffs ($611k), Textiles ($62.4k), and Paper Goods ($18.6k).

During 2017, Belarus had a large net trade with Indonesia in the exports of Chemical Products ($66.9M), Animal Products ($7.75M), and Instruments ($1.99M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Belarus+$327kRaw Tobacco

Top Product Potential Belarus Indonesia+$12.8MPotassic Fertilizers

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Belarus () (2022)

Exports from Belarus () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Belarus ()

Indonesia Exports

Belarus Exports

Market Competitiveness

Difference in imports from Belarus () and Indonesia () (2022)

Comparative Advantage Indonesia - Belarus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Belarus () (2022)

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