2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
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GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
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GDP PC 
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186

About

Belarus-Serbia In 2022, Belarus exported $99.8M to Serbia. The main products that Belarus exported to Serbia are Sulfate Chemical Woodpulp ($36.1M), Tractors ($9.57M), and Broadcasting Equipment ($6.26M). During the last 16 years the exports of Belarus to Serbia have increased at an annualized rate of 10.9%, from $19.1M in 2006 to $99.8M in 2022.

In 2014, Belarus exported services to Serbia worth $4.78M, with Computer and information services ($4.71M), Government services, n.i.e. ($60.4k), and Insurance services ($9.23k) being the largest in terms of value.

Serbia-Belarus In 2022, Serbia exported $75.6M to Belarus. The main products that Serbia exported to Belarus were Rubber Tires ($18.2M), Nonaqueous Paints ($5.62M), and Polyacetals ($5.37M). During the last 16 years the exports of Serbia to Belarus have increased at an annualized rate of 9.21%, from $18.5M in 2006 to $75.6M in 2022.

In 2009, Serbia exported services to Belarus worth $972k, with Workers' remittances ($436k), Personal, cultural, and recreational services ($285k), and Compensation of employees ($244k) being the largest in terms of value.

Comparison In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $99.8M to Serbia. The main products exported from Belarus to Serbia were Sulfate Chemical Woodpulp ($36.1M), Tractors ($9.57M), and Broadcasting Equipment ($6.26M). During the last 16 years the exports of Belarus to Serbia have increased at an annualized rate of 10.9%, from $19.1M in 2006 to $99.8M in 2022.

In 2022, Serbia exported $75.6M to Belarus. The main products exported from Serbia to Belarus were Rubber Tires ($18.2M), Nonaqueous Paints ($5.62M), and Polyacetals ($5.37M). During the last 16 years the exports of Serbia to Belarus have increased at an annualized rate of 9.21%, from $18.5M in 2006 to $75.6M in 2022.

Exports from Belarus (Flag) to Serbia (Flag) (2022)

Exports from Serbia (Flag) to Belarus (Flag) (2022)

Latest Data

Trade between Belarus (Flag) and Serbia (Flag)

Belarus Exports

Serbia Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Serbia
Top Destination
Germany$4B

This map shows whether countries import more from Belarus or Serbia. Each country is colored based on the difference in imports they receive from Belarus and Serbia or the difference in the growth in imports.

In 2021, countries that imported more from Belarus than Serbia were Ukraine ($1.29B), Kazakhstan ($827M), and Lithuania ($778M).

In 2021, countries that imported more from Serbia than Belarus were Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

Difference in imports from Serbia (Flag) and Belarus (Flag) (2022)

Comparative Advantage Belarus - Serbia

Flow
Scale

This chart compares trade between Belarus and Serbia by product, considering products traded by both, Belarus and Serbia.

During 2022, Belarus had a large net trade with Serbia in the exports of Paper Goods ($38.6M), Transportation ($14.6M), and Metals ($8.32M).

During 2022, Serbia had a large net trade with Belarus in the exports of Plastics and Rubbers ($34.5M), Metals ($8.58M), and Chemical Products ($8.17M).

Service Trade

Bilateral Service Trade

In 2014, Belarus exported services to Serbia worth $4.78M, with Computer and information services ($4.71M), Government services, n.i.e. ($60.4k), and Insurance services ($9.23k) being the largest in terms of value.

In 2009, Serbia exported services to Belarus worth $972k, with Workers' remittances ($436k), Personal, cultural, and recreational services ($285k), and Compensation of employees ($244k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belarus (Flag) to Serbia (Flag) (2014)

Services Exports from Serbia (Flag) to Belarus (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belarus has comparative advantage over Serbia. Similarly, the more yellow a dot/product is, the more Serbia has comparative advantage over Belarus.

Product Space of Belarus (Flag) and Serbia (Flag) (2022)

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