Belarus recorded a trade surplus of 410.90 USD Million in November of 2021. source: National Bank of the Republic of Belarus

Balance of Trade in Belarus averaged -242.30 USD Million from 2000 until 2021, 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. This page provides - Belarus Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belarus Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Balance of Trade in Belarus is expected to be -1090.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belarus Balance of Trade is projected to trend around -690.00 USD Million in 2023, according to our econometric models.

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Belarus Balance of Trade


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. .
Actual Previous Highest Lowest Dates Unit Frequency
410.90 136.10 466.70 -1414.90 2000 - 2021 USD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-12-10 10:30 AM Oct $155.5M $-16.6M $-40M
2022-01-10 04:30 PM Nov $410.9M $155.5M $-30M
2022-02-10 10:30 AM Dec $410.9M $ -1090M


Related Last Previous Unit Reference
Balance of Trade 410.90 136.10 USD Million Nov/21
Current Account 905.00 1085.10 USD Million Sep/21
Current Account to GDP -0.40 -1.90 percent of GDP Dec/20
Exports 4236.30 3698.40 USD Million Nov/21
Imports 3894.00 3542.90 USD Million Nov/21
External Debt 42301.00 42274.80 USD Million Sep/21
Capital Flows 517.00 682.80 USD Million Sep/21
Remittances 114.00 107.40 USD Million Jun/21
Foreign Direct Investment -208.80 1342.50 USD Million Jun/21