Home / Foreign Trade
|15 972||32 687||80 226||77 180||56 952||50 985||89,5|
|Export||7 326||15 979||37 203||36 392||26 660||23 412||87,8|
|Import||8 646||16 708
||43 023||40 788||30 292||27 570||91,0|
|Balance||-1 320||-729||-5 820||-4 396||-3 632||-4 154|
The list of the export products is characterized by the wide nomenclature. Among the major export commodities of Belarus are oil products and oil, potash and nitrogen fertilizers, metal products, trucks and cars, tractors, tires, dairy and meat products, furniture.
Belarus imports are mainly composed of energy resources (oil and natural gas), raw materials and components (metals and metal products, raw materials for chemical industry, machine parts) manufacturing equipment.
Today Belarus has trade relations with more than 190 countries around the world.
Russian Federation is the main trade partner of the Republic of Belarus, it accounts for about 46 percent of export and more than a half of import.
The European Union is the second largest trade partner of the Republic of Belarus, it accounts for about 24 percent of export and one fifth of import. The main partner in the EU are Great Britain, Germany, Lithuania, Netherlands, Poland, Latvia, Italy, Belgium, Czech Republic.
In the foreign trade of Belarus with the CIS countries after Russia there is Ukraine and Kazakhstan.
There is a positive dynamic in cooperation with the traditional partners in Latin America such as Ecuador, Cuba, Brazil and in Asia, notably with China, Syria, UAE, Qatar, Indonesia.
Foreign trade in services
The trends of the foreign trade in services of the Republic of Belarus is illustrated in the following table.
2016 compared to
|Overall trade||1 536||3 483||12 760||13 431||11 013||11 017||100,03|
|Export||1 000||2 342||7 506||7 820||6 637||6 780||102,2|
|Import||536||1 141||5 254||5 611||4 377||4 237||96,8|
|Balance||465||1 201||2 252||2 209||2 260||2 543|
About 50 percent of the total Belarusian export of services makes up transport services, reflecting favorable geographical position of the Republic of Belarus.
Among the major export positions, there are IT and construction services.
The main trade partners of Belarus in export of service are Russia (about 40% of total exports) and the EU (more than a quarter of exports).