Key Goods and Services
The Republic of Belarus implements a multifaceted foreign economic policy and maintains trade relations with more than 200 countries worldwide. Export is one of the priorities of the Belarusian economy. More than 60% of manufactured goods are exported to foreign markets, which is common for countries with highly developed and open economies.
The mechanical engineering industry plays a significant role in exports. Every year, 75% of manufactured goods in this segment are sold outside the country.
Major Belarusian exports are products of the petrochemical industry, machine-building, metallurgy, wood processing, light industry, dairy and meat products, furniture, glass, glass fiber, cement.
Belarus plays an increasing role on the international services market. This segment has made a significane input in the formation of the country's trade surplus in recent years.
In 2022, Belarus' foreign trade in goods and services made up $89.13 billion. The export of goods exceeded $37.5 billion, the export of services - $9.2 billion.
The Belarusian economy recorded the biggest foreign trade surplus ($4.6 billion) in 2022.
In H1 2023, Belarus' foreign trade in goods and services went up 15% from the same period of the previous year to exceed $46 billion.