Belarus
Asia & Middle East
Trade in Belarus
| Belarus was the world’s 99th largest exporter of goods and 66th largest exporter of commercial services in 2022. Export values were $38.22 billion and $9.20 billion USD respectively. Belarus’s top export category was Manufactures, followed by Agricultural products, and Fuels and mining products. In 2022, Belarus’s main export destination markets for goods and services trade were to Russian Federation, Ukraine and Poland, with trade representing 121.58 per cent of GDP. In terms of imports, Belarus is the world’s 106th largest importer of goods and 85th largest importer of commercial services. Import values were $38.31 billion and $5.03 billion USD respectively in 2022. Belarus’s top import category was Manufactures, followed by Fuels and mining products and Machinery and transport equipment. Leading import partners were Russian Federation, China and Germany. Belarus is part of 6 different Regional Trade Agreements, including Common Economic Zone (CEZ) and Eurasian Economic Union (EAEU). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Republic of Belarus |
Abbreviation |
BY |
Capital |
Minsk |
WTO Membership Date |
Observer |
Legal System |
civil law system; note - nearly all major codes (civil, civil procedure, criminal, criminal procedure, family, and labor) were revised and came into force in 1999 and 2000 |
Language |
Belarusian, Russian |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Belarusian ruble |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://mfa.gov.by/en/export/tariffs/vvoz/ |
Additional Link |
National Tariff Finder |
Last Reviewed: June, 2024
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