Belarus Crude Oil Production - Forecast

Crude Oil Production in Belarus is expected to be 32.23 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Belarus to stand at 32.53 in 12 months time. In the long-term, the Belarus Crude Oil Production is projected to trend around 33.20 BBL/D/1K in 2020, according to our econometric models.


Belarus Crude Oil Production
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Belarus Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -586 -410 -367 -336 -317 -288
Exports 2776 2753 2699 2645 2594 2200
Imports 3362 3137 3106 3082 3055 2785
Current Account 92.6 -658 -496 -431 -549 -761
Current Account to GDP -3.6 -3.2 -3.2 -3.2 -3.2 -2.7
External Debt 39557 40459 40696 40837 40899 39177
Capital Flows 366 -425 -505 -537 -370 -700
Gold Reserves 46.49 45.02 44.56 44.83 44.93 43.8
Remittances 128 127 132 126 128 113
Foreign Direct Investment 115 484 187 225 304 299
Crude Oil Production 32 32.23 32.33 32.43 32.53 33.2
Terrorism Index 0.04 0.4 0.27 0.13 0 1.11
Tourist Arrivals 217398 229125 239950 250775 261600 163500
Weapons Sales 81 116 94.08 72.2 50.32 134