Belarus recorded a trade deficit of 549.20 USD Million in November of 2019.

Balance of Trade in Belarus averaged -254.39 USD Million from 2000 until 2019, 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.

Balance of Trade in Belarus is expected to be -160.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Belarus to stand at -470.00 in 12 months time. In the long-term, the Belarus Balance of Trade is projected to trend around -440.00 USD Million in 2020, according to our econometric models.


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Belarus Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-549.20 -442.70 466.70 -1414.90 2000 - 2019 USD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-10 09:30 AM Aug $-134.1M $-196.2M $-100M
2019-11-12 10:30 AM Sep $-238.6M $-131.6M $-50M
2019-12-10 10:30 AM Oct $-442.7M $-253.5M $-370M
2020-01-13 11:00 AM Nov $-549.2M $-442.7M
2020-02-10 10:20 AM Dec $-549.2M $ -510M


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. .

Belarus Trade Last Previous Highest Lowest Unit
Balance of Trade -549.20 -442.70 466.70 -1414.90 USD Million [+]
Current Account 482.30 297.40 728.50 -3284.50 USD Million [+]
Current Account to GDP -2.30 -1.70 5.40 -14.50 percent [+]
Imports 3171.10 3130.80 4325.60 449.30 USD Million [+]
Exports 2621.90 2688.10 4571.90 371.40 USD Million [+]
External Debt 39672.60 40071.40 40801.80 1698.00 USD Million [+]
Capital Flows 849.60 252.50 938.00 -3107.90 USD Million [+]
Gold Reserves 48.78 48.56 48.78 3.11 Tonnes [+]
Foreign Direct Investment -159.40 1223.90 2734.30 -298.40 USD Million [+]
Crude Oil Production 34.00 34.00 42.00 26.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 4.03 0.00 [+]
Tourist Arrivals 365534.00 282694.00 365534.00 90811.00 [+]
Remittances 122.40 113.50 148.60 18.40 USD Million [+]
Weapons Sales 56.00 50.00 452.00 6.00 USD Million [+]