Belarus: Trade openness

* indicates monthly or quarterly data series
 Belarus

Trade openness: exports plus imports as percent of GDP

 Latest value 133.00
 Year 2023
 Measure percent
 Data availability 1990 - 2023
 Average 125.16
 Min - Max 66.67 - 157.97
 Source The World Bank
The latest value from 2023 is 133 percent, an increase from 120.02 percent in 2022. In comparison, the world average is 95.00 percent, based on data from 154 countries. Historically, the average for Belarus from 1990 to 2023 is 125.16 percent. The minimum value, 66.67 percent, was reached in 1991 while the maximum of 157.97 percent was recorded in 2011. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Belarus - Trade openness - Recent values chart

Historical series
Belarus - Trade openness - historical chart - 1990-2023




Definition: Exports plus imports as percent of GDP.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 98.39 2021 percent
 Trade openness 133.00 2023 percent
 Financial openness -0.166 2021 index points
 Exports, percent of GDP 66.82 2023 percent
 Exports, billion dollars 48.01 2023 billion U.S. dollars
 Growth of exports 18.70 2023 percent
 Imports, percent of GDP 66.18 2023 percent
 Imports, billion dollars 47.56 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.88 2023 percent
 Foreign Direct Investment, billion dollars 1.99 2023 billion U.S. dollars
 Portfolio investment inflows, equities -0.42 2023 million dollars (current)
 Current account, percent of GDP -0.40 2020 percent
 Current account, in dollars -1.11 2023 billion U.S. dollars
 Trade balance, percent of GDP 0.64 2023 percent
 Trade balance, in dollars 0.25 2023 billion U.S. dollars
 Reserves 8.12 2023 billion U.S. dollars
 Remittances, percent of GDP 1.85 2023 percent
 Remittances 1,331.50 2023 million U.S. dollars
 Net errors and omissions 586.64 2023 million USD
 External debt 56.79 2022 percent
 Short-term external debt 28.28 2023 percent
 Short-term debt to reserves 127.88 2023 percent
 Foreign exchange reserves 8.52 1/2022 billion
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