Belarus

Belarus ranked No. 111 in total trade value through June with a total of $236.2 million. Exports totaled $64.02 million and Imports totaled $172.18 million, a deficit of $108.16 million.

U.S. trade with Belarus rose to $236.2 million through June

Belarus’s trade with the United States rose to $236.2 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 18.34 percent below its total trade during the same time period last year. U.S. exports to Belarus decreased 10.1 percent while U.S. imports from Belarus fell 21.02 percent. The U.S. deficit with Belarus was $108.16 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Southern Louisiana, Gramercy, St. James Parish; No. 3 Port of Wilmington, Dela.; No. 4 Port of Beaumont, Texas; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Southern Louisiana, Gramercy, St. James Parish; No. 2 Port of Perth Amboy, N.J.; No. 3 Port of New York; No. 4 Port of Houston and No. 5 Port of New Orleans. In the current time period, the top five accounted for 65.6 percent of Belarus’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 281.37 percent to $56.84 million.
    Exports fell 15.56 percent to $4.46 million. Imports rose 444.49 percent to $52.38 million.
  • Trade with No. 2 Port of Southern Louisiana, Gramercy, St. James Parish fell 59.67 percent to $51.44 million.
    There were no exports. Imports fell 59.67 percent to $51.44 million.
  • Trade with No. 3 Port of Wilmington, Dela. totaled $22.73 million.
    There were no exports. Imports totaled $22.73 million.
  • Trade with No. 4 Port of Beaumont, Texas totaled $13 million.
    Exports totaled $13 million. There were no imports.
  • Trade with No. 5 Port of Newark rose 12.73 percent to $10.93 million.
    Exports fell 83.05 percent to $207,382. Imports rose 26.56 percent to $10.72 million.

Belarus ranked No. 111 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 117.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Belarus by value through June were the categories of Oil; Computer chips; Passenger vehicles; Prepared foods, beverages; and Medical instruments, respectively. They accounted for 46.59 percent of total exports to Belarus.

The value of the top five categories of U.S. imports from Belarus –– Gasoline, other fuels; Potassic fertilizers; Seamless iron tubes and pipes; Furniture, parts; and Handsaws & Met Pts; Saw Blades; Base Mtl Saw 8202 –– accounted for 85.86 percent of all inbound shipments.

Looking more closely at U.S. exports to Belarus:

  • Oil totaled $13 million. The previous year, there were no exports in this category.
  • Computer chips rose 2475.37 percent compared to last year to $7.68 million.
  • Passenger vehicles rose 261.63 percent compared to last year to $4.94 million.
  • Prepared foods, beverages fell 6.95 percent compared to last year to $2.17 million.
  • Medical instruments fell 3.8 percent compared to last year to $2.04 million.

Looking more closely at U.S. imports from Belarus:

  • Gasoline, other fuels rose 93.01 percent compared to last year to $71.23 million.
  • Potassic fertilizers fell 55.62 percent compared to last year to $56.79 million.
  • Seamless iron tubes and pipes rose 84.3 percent compared to last year to $11.92 million.
  • Furniture, parts fell 7.58 percent compared to last year to $4.36 million.
  • Handsaws & Met Pts; Saw Blades; Base Mtl Saw 8202 fell 29.76 percent compared to last year to $3.53 million.

In the latest annual figures available, Belarus recorded $505.18 million in trade with the United States. Total U.S. exports to Belarus were $ 125.04 million and imports from Belarus were $380.14 million. The U.S. deficit with Belarus was $255.1 million.