Belarus

73.1M €
Exports
2020
2004 January2021 February
221M €
Imports
2020
2004 January2021 February

Infograafikud

Belarus is the 29th largest export partner of Estonia. In 2020, Estonia's exports to Belarus amounted to €73.1M and imports from Belarus to €221M, resulting in negative trade balance of €148M.

Exports

2020

In 2020, Estonia's exports to Belarus amounted to €73.1M, making it the 29th largest export partner in the world. Compared to the previous year, exports from Estonia to Belarus experienced growth at an annualized rate of 21%, from €60.5M in 2019 to €73.1M in 2020. Most recently, exports were led by apparatus based on the use of x-rays or of alpha, ..., which represent 15.5% of the total exports to Belarus, followed by cocoa beans, whole or broken, raw or roasted, which account for 13.1%.

Imports

2020

In 2020, Estonia's imports from Belarus ammounted to €221M, making it the 16th largest import partner in the world. Compared to the previous year, imports from Belarus to Estonia experienced decline at an annualized rate of 9.78%, from €245M in 2019 to €221M in 2020. Most recently, imports were led by refined petroleum products, which represent 45.4% of the total imports from Belarus, followed by oils and other products of coal tar, which account for 45.4%.

Trade Balance

As of 2021 February, Estonia had negative trade balance of €43M with Belarus. In 2020 February, it had negative trade balance of €6.95M.