Belarus recorded a trade deficit of 221 USD Million in November of 2018. Balance of Trade in Belarus averaged -252.86 USD Million from 2000 until 2018, reaching an all time high of 466.70 USD Million in March of 2012 and a record low of -1414.90 USD Million in November of 2010.

Balance of Trade in Belarus is expected to be -220.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Belarus to stand at -510.00 in 12 months time. In the long-term, the Belarus Balance of Trade is projected to trend around -300.00 USD Million in 2020, according to our econometric models.

Belarus Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-10 09:30 AM Balance of Trade $-80.1M $-207.1M $-260M
2018-11-12 10:30 AM Balance of Trade $3.0M $-80.1M $ -310M
2018-12-10 10:30 AM Balance of Trade $-356.9M $0.9M $-380M
2019-01-10 10:30 AM Balance of Trade $-221M $-358.3M
2019-02-11 10:30 AM Balance of Trade $-221M
2019-03-11 10:30 AM Balance of Trade
2019-04-10 09:30 AM Balance of Trade


Belarus Trade Last Previous Highest Lowest Unit
Balance of Trade -221.00 -358.30 466.70 -1414.90 USD Million [+]
Current Account 368.80 458.50 728.50 -3284.50 USD Million [+]
Current Account to GDP -1.70 -3.50 5.40 -14.50 percent [+]
Imports 2987.30 3279.30 4325.60 449.30 USD Million [+]
Exports 2766.30 2921.00 4571.90 371.40 USD Million [+]
External Debt 39461.20 39259.20 40801.80 1698.00 USD Million [+]
Capital Flows 125.20 388.10 938.00 -3107.90 USD Million [+]
Gold Reserves 46.90 46.70 46.90 3.11 Tonnes [+]
Remittances 102.70 116.40 148.60 18.40 USD Million [+]
Foreign Direct Investment 143.80 -298.40 2734.30 -298.40 USD Million [+]
Crude Oil Production 31.00 31.00 42.00 26.00 BBL/D/1K [+]
Terrorism Index 0.04 1.36 4.03 0.00 [+]
Tourist Arrivals 282694.00 217398.00 282694.00 90811.00 [+]
Weapons Sales 23.00 152.00 452.00 6.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Belarus Balance of Trade

Belarus’ foreign trade is characterized by the country’s preferential trade relationship with Russia. Access to discounted oil from Russia means that processed oil is the dominant Belarusian export (accounting for 33 percent of all exports). Belarus has traditionally excelled at heavy industry and is one of the world’s largest suppliers of mining and quarrying vehicles. Belarus’ other exports include food, chemical products, wood and furniture and metals. Belarus imports crude oil, machinery and transport equipment, manufactured goods, chemicals and related products, iron and steel, and food and live animals. Belarus’ main trading partners are Russia, Germany, the Ukraine, China and Latvia. . This page provides - Belarus Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belarus Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-221.00 -358.30 466.70 -1414.90 2000 - 2018 USD Million Monthly




Country Last Previous
Argentina 1369.00 Dec/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -55.29 Dec/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -2568800.00 Nov/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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