Country Profile

Capital Minsk
Population 9.1M
GDP $76.0B (2024)
GDP per Capita $8,318
Income Level Upper-Middle Income
Currency Belarusian ruble (BYN Br)
Language Belarusian
Timezone UTC+03:00
Region Europe · Eastern Europe

Trade Partners

Belarus Exports To

  • China 34.0%
  • Kazakhstan 10.0%
  • Uzbekistan 7.0%
  • Poland 6.0%
  • Brazil 5.0%

Key exports: fertilizers, rapeseed oil, wood, poultry, beef (2023)

Belarus Imports From

  • China 33.0%
  • Poland 16.0%
  • Germany 11.0%
  • Lithuania 10.0%
  • Turkey 9.0%

Key imports: cars, broadcasting equipment, fabric, plastic products, video displays (2023)

Economic Overview

declining Russian energy subsidies will end in 2024; growing public debt; strong currency pressures have led to higher inflation; recent price controls on basic food and drugs; public sector wage increases and fragile private sector threaten household income gains and economic growth

Government: presidential republic in name, although in fact a dictatorship

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Belarus. Standard WTO terms apply.

Trade Barriers

2 active barriers affecting UK exporters

Contract registration needed at banks in Belarus for export orders exceeding 3000 Euros

In Belarus, a contract needs to be issued and registered in a bank, for any export deals exceeding 3,000 Euro. A Belarusian company doing business with an overseas payment, cannot issue invoice payments without this kind of registered contract. These …

Reported: 21 Jul 2020

Additional licensing requirements for alcohol exports to Belarus

Overseas businesses face several requirements when exporting alcohol to Belarus. Overseas businesses planning to export alcohol, have to apply annually for additional permission, issued by the Ministry of Antimonopoly Regulation and Trade (MART) and need to submit a list of …

Sectors: Food and drink

Reported: 12 Aug 2019

Geographic Region

Trading Bloc Memberships

Belarus is a member of the following trade agreements and economic blocs.

Export Guidance

Relevant guidance for exporting to Belarus.

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Also in This Region

Official Resources

Government export support for Belarus.