2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-Belarus Trade: In 2022, Netherlands exported $182M to Belarus. The main products that Netherlands exported to Belarus were Bulbs and Roots ($13.1M), Packaged Medicaments ($11.6M), and Coffee ($10.5M). Over the past 5 years the exports of Netherlands to Belarus have decreased at an annualized rate of 9.89%, from $306M in 2017 to $182M in 2022.

In 2009, Netherlands exported services to Belarus worth $54.2M, with Services not allocated ($54.2M) being the largest in terms of value.

Belarus-Netherlands Trade: In 2022, Belarus exported $132M to Netherlands. The main products that Belarus exported to Netherlands were Gas Turbines ($19.3M), Hot-Rolled Iron Bars ($17.2M), and Sawn Wood ($10.3M). Over the past 5 years the exports of Belarus to Netherlands have decreased at an annualized rate of 34.7%,  from $1.11B in 2017 to $132M in 2022.

In 2014, Belarus exported services to Netherlands worth $10.6M, with Computer and information services ($9.44M), Insurance services ($394k), and Royalties and license fees ($385k) being the largest in terms of value.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $182M to Belarus. The main products exported from Netherlands to Belarus were Bulbs and Roots ($13.1M), Packaged Medicaments ($11.6M), and Coffee ($10.5M). During the last 5 years the exports of Netherlands to Belarus have decreased at an annualized rate of 9.89%, from $306M in 2017 to $182M in 2022.

In 2017, Belarus exported $132M to Netherlands. The main products exported from Belarus to Netherlands were Gas Turbines ($19.3M), Hot-Rolled Iron Bars ($17.2M), and Sawn Wood ($10.3M). During the last 5 years the exports of Belarus to Netherlands have decreased at an annualized rate of 34.7%, from $1.11B in 2022 to $132M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from Netherlands than Belarus included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Belarus than Netherlands included Kazakhstan ($827M), Uzbekistan ($386M), and Ukraine ($1.29B).

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

Comparative Advantage Netherlands - Belarus

Flow
Scale

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

During 2022, Netherlands had a large net trade with Belarus in the exports of Vegetable Products ($61.4M), Chemical Products ($23.7M), and Machines ($21.4M).

During 2017, Belarus had a large net trade with Netherlands in the exports of Metals ($28M), Wood Products ($20.9M), and Machines ($20.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Belarus+$11.5MPackaged Medicaments
Top Product Potential Belarus Netherlands+$5.95MRapeseed Oil

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 Netherlands and Belarus. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Netherlands.

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

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