Belarus recorded a trade deficit of 353.60 USD Million in February of 2022. source: National Bank of the Republic of Belarus

Balance of Trade in Belarus averaged -242.10 USD Million from 2000 until 2022, 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 June 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 -1700.00 USD Million in 2023 and -2000.00 USD Million in 2024, according to our econometric models.

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Belarus Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-01-10 04:30 PM Nov $410.9M $155.5M $-30M
2022-02-10 01:00 PM Dec $-511.1M $361.6M $ -1090M
2022-07-08 01:00 PM Apr


Related Last Previous Unit Reference
Balance of Trade -353.60 333.50 USD Million Feb 2022
Current Account 896.90 905.00 USD Million Dec 2021
Current Account to GDP -0.40 -1.90 percent of GDP Dec 2020
Imports 3307.80 2938.20 USD Million Feb 2022
Exports 2954.20 3271.70 USD Million Feb 2022
External Debt 41973.60 42301.00 USD Million Dec 2021
Capital Flows 577.20 517.00 USD Million Dec 2021
Remittances 110.60 113.70 USD Million Sep 2021
Foreign Direct Investment -113.10 -208.80 USD Million Sep 2021

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
-353.60 333.50 466.70 -1414.90 2000 - 2022 USD Million Monthly