Belarus-China Bilateral Trade Analysis 2023
Complete trade statistics: $8.42B total volume •Belarus deficit: $3.21B
Belarus → China
$2.60B
Exports (2023)
China → Belarus
$5.82B
Imports (2023)
Trade Balance
$3.21B
Deficit for Belarus
Total Trade
$8.42B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Belarus and China. Green line shows exports from Belarus, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Belarus-China commercial relationship and competitive positioning in global markets.
Belarus → China Exports
Export Market Intelligence
🎯 Strategic Export Focus
Belarus's export portfolio to China demonstrates strong diversification across multiple sectors, with fertilizers, mineral or chemical: potassic, potassium chloride representing a key competitive advantage in this bilateral market.
China → Belarus Imports
Import Dependency Profile
📦 Import Strategy Analysis
Belarus's import pattern from China reveals significant dependencyin vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Belarus demonstrates competitive strength in exportingfertilizers, mineral or chemical: potassic, potassium chloride to China, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $8.42B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Belarus-China Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $8.42 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Belarus maintains a deficit of $3.21 billion
- Export Focus: Belarus's primary exports include fertilizers, mineral or chemical: potassic, potassium chloride, meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen, vegetable oils: low erucic acid rape or colza oil and its fractions, crude
- Import Dependencies: Key imports from China include vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen, vehicles: with only electric motor for propulsion
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $8.42B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Belarus leveraging its comparative advantages in fertilizers, mineral or chemical: potassic, potassium chloride.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Belarus's specialization in fertilizers, mineral or chemical: potassic, potassium chloridecomplements China's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $8.42B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $8.42B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $8.42 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fertilizers, mineral or chemical: potassic, potassium chloride and vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Belarus's trade deficit of $3.21 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Belarus and China represents a total trade volume of $8.42 billion in 2023. This partnership demonstrates an unfavorable trade balance for Belarus, with imports exceeding exportsby $3.21 billion.
Export Strengths
Belarus's exports to China total $2.60 billion, with competitive advantages in fertilizers, mineral or chemical: potassic, potassium chloride, representing $1.46B or56.0% of bilateral exports.
Import Dependencies
Imports from China amount to $5.82 billion, highlighting economic interdependence in vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, with Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc comprising18.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Belarus's strategic sourcing from China. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Belarus and China in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023