Belarus

Belarus ranked No. 112 in total trade value through May with a total of $208.13 million. Exports totaled $56.85 million and Imports totaled $151.28 million, a deficit of $94.43 million.

U.S. trade with Belarus rose to $169.19 million through May

Belarus’s trade with the United States rose to $169.19 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 19.79 percent below its total trade during the same time period last year. U.S. exports to Belarus decreased 40.43 percent while U.S. imports from Belarus fell 12.95 percent. The U.S. deficit with Belarus was $106.62 million.

Through May, 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 Cleveland’s Hopkins International Airport, Ohio. 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 New York; No. 3 Port of New Orleans; No. 4 Port of Houston and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 66.16 percent of Belarus’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 339.9 percent to $53.49 million.
    Exports fell 7.99 percent to $4.17 million. Imports rose 546.84 percent to $49.32 million.
  • Trade with No. 2 Port of Southern Louisiana, Gramercy, St. James Parish fell 69.99 percent to $38.27 million.
    There were no exports. Imports fell 69.99 percent to $38.27 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 Cleveland’s Hopkins International Airport, Ohio rose 627.6 percent to $10.21 million.
    Exports rose 662.66 percent to $9.91 million. Imports rose 191.16 percent to $303,728.

Belarus ranked No. 112 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 $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 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 May were the categories of Oil; Computer chips; Passenger vehicles; Electric motors, generators, not sets; and Computers, respectively. They accounted for 49.12 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 86.65 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 2926.74 percent compared to last year to $7.62 million.
  • Passenger vehicles rose 234.15 percent compared to last year to $3.66 million.
  • Electric motors, generators, not sets fell 68.47 percent compared to last year to $1.89 million.
  • Computers fell 29.32 percent compared to last year to $1.75 million.

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

  • Gasoline, other fuels rose 784.87 percent compared to last year to $71.23 million.
  • Potassic fertilizers fell 65.89 percent compared to last year to $43.57 million.
  • Seamless iron tubes and pipes rose 98.77 percent compared to last year to $9.08 million.
  • Furniture, parts rose 6.95 percent compared to last year to $4.19 million.
  • Handsaws & Met Pts; Saw Blades; Base Mtl Saw 8202 fell 25.01 percent compared to last year to $3.01 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.