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2021
Flag → Flag
Exports $20.5BRnk 129 / 0
2021
Flag → Flag
Exports $15.8BRnk 111 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186

About

Russia-Belarus Trade: In 2021, Russia exported $20.5B to Belarus. The main products that Russia exported to Belarus were N/A. Over the past 5 years the exports of Russia to Belarus have increased at an annualized rate of 7.18%, from $14.5B in 2016 to $20.5B in 2021.

In 2020, Russia exported services to Belarus worth $1.28B, with Construction services ($471M), Transportation ($268M), and Travel ($175M) being the largest in terms of value.

Belarus-Russia Trade: In 2021, Belarus exported $15.8B to Russia. The main products that Belarus exported to Russia were N/A. Over the past 5 years the exports of Belarus to Russia have increased at an annualized rate of 2.84%,  from $10.7B in 2016 to $15.8B in 2021.

In 2014, Belarus exported services to Russia worth $142M, with Computer and information services ($123M), Insurance services ($9.21M), and Royalties and license fees ($8.27M) being the largest in terms of value.

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $1.43B and imported $885M from Belarus, resulting in a positive trade balance of $540M. Between January 2021 and January 2022 the exports of Russia have increased by $19.9M (1.41%) from $1.41B to $1.43B, while imports decreased by $-45.8M (-4.92%) from $931M to $885M.

Trade In January 2022, the top exports of Russia to Belarus were Crude Petroleum ($486M), Commodities not elsewhere specified ($252M), Scrap Iron ($35.4M), Cars ($22.4M), and Hot-Rolled Iron ($15.2M). In January 2022 the top imports of Russia from Belarus were Cheese ($80.5M), Delivery Trucks ($39.3M), Butter ($25.1M), Tractors ($21.6M), and Concentrated Milk ($17.9M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($650M), MOSCOW REGION ($123M), ST. PETERSBURG ($123M), KALININGRAD REGION ($44.4M), and REPUBLIC OF TATARSTAN ($38.6M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($271M), MOSCOW REGION ($132M), SMOLENSK REGION ($107M), ST. PETERSBURG ($73.5M), and KALININGRAD REGION ($43.6M).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$19.9M(1.41%)
IMPORT GROWTH (January 2021 - January 2022)$-45.8M(-4.92%)
MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$650M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Belarus and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Belarus and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Russia exported $20.5B to Belarus. There were not main exports from Russia to Belarus in 2021. During the last 5 years the exports of Russia to Belarus have increased at an annualized rate of 7.18%, from $14.5B in 2016 to $20.5B in 2021.

In 2016, Belarus exported $15.8B to Russia. There were not main exports from Belarus to Russia in 2016. During the last 5 years the exports of Belarus to Russia have increased at an annualized rate of 2.84%, from $10.7B in 2021 to $15.8B in 2016.

Exports from Russia (Flag) to Belarus (Flag) (2021)

Exports from Belarus (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Belarus
Top DestinationChina$1.6B

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

In 2022, countries that imported more from Russia than Belarus included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Belarus than Russia included Zimbabwe ($52M) and Zambia ($2.98M).

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

Comparative Advantage Russia - Belarus

Flow
Scale

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

During 2021, Russia had a large net trade with Belarus in the exports of .

During 2016, Belarus had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Belarus+$8.17kCrude Petroleum
Top Product Potential Belarus Russia+$5.93kPackaged Medicaments

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

Product Space of Russia (Flag) and Belarus (Flag) (2021)

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