Belarus recorded a trade deficit of 544.70 USD Million in October of 2024. Balance of Trade in Belarus averaged -238.66 USD Million from 2000 until 2024, 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. source: National Bank of the Republic of Belarus




Related Last Previous Unit Reference
Balance of Trade -544.70 -977.40 USD Million Oct 2024
Capital Flows -274.00 856.40 USD Million Sep 2024
Current Account -396.50 328.40 USD Million Sep 2024
Current Account to GDP -1.40 3.40 percent of GDP Dec 2023
Exports 3451.60 3359.10 USD Million Oct 2024
External Debt 36402.20 36646.70 USD Million Sep 2024
Imports 3996.30 4336.50 USD Million Oct 2024
Remittances 126.70 160.20 USD Million Dec 2022

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
-544.70 -977.40 466.70 -1414.90 2000 - 2024 USD Million Monthly