Country intelligence · BLR · 2024

Belarus trade profile

In 2024, Belarus recorded $30.3B in merchandise exports and $39.4B in imports, producing a $9.1B trade deficit. Exports changed -2.3% from the previous year, while imports changed -5.9%.[1]

Exports

$30.3B

-2.3%

Imports

$39.4B

-5.9%

Trade balance

-$9.1B

deficit

Active partners

270

11 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$30.3B$39.4B-$9.1B-2.3%
2023$31.0B$41.8B-$10.8B-6.7%
2022$33.2B$35.4B-$2.2B-7.2%
2021$35.8B$38.5B-$2.8B+33.7%
2020$26.8B$30.2B-$3.5B-10.6%
2019$29.9B$36.0B-$6.0B-0.0%
2018$29.9B$35.4B-$5.5B+14.2%
2017$26.2B$31.6B-$5.4B+24.2%
2016$21.1B$25.0B-$3.9B-5.8%
2015$22.4B$27.8B-$5.4B-24.8%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 99 · HS chapter

1 active HS6 lines · 28 export partners

$3.4B
2

HS 04 · HS chapter

32 active HS6 lines · 80 export partners

$3.0B
3

HS 87 · Vehicles

87 active HS6 lines · 131 export partners

$2.1B
4

HS 31 · HS chapter

24 active HS6 lines · 121 export partners

$2.0B
5

HS 84 · Machinery

510 active HS6 lines · 154 export partners

$1.8B
6

HS 44 · HS chapter

97 active HS6 lines · 97 export partners

$1.5B
7

HS 85 · Electrical machinery

262 active HS6 lines · 147 export partners

$1.4B
8

HS 02 · HS chapter

47 active HS6 lines · 32 export partners

$1.2B

Leading export markets

Destinations rank bilateral export flows from Belarus; growth describes each corridor rather than the whole economy.

1

Russia

Annual change +2.0% · 3-year CAGR 2.0%

$16.1B
2

China

Annual change -13.5% · 3-year CAGR 48.4%

$4.4B
3

Poland

Annual change +4.4% · 3-year CAGR -16.1%

$954.1M
4

Ukraine

Annual change -26.1% · 3-year CAGR -41.8%

$943.6M
5

Kazakhstan

Annual change -3.3% · 3-year CAGR 2.8%

$807.3M
6

United Arab Emirates

Annual change +685.5% · 3-year CAGR 134.2%

$610.1M
7

Lithuania

Annual change -15.8% · 3-year CAGR -19.9%

$597.8M
8

Uzbekistan

Annual change -2.0% · 3-year CAGR 14.6%

$569.6M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.