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India - Belarus Business and Cultural Council

Belarus, in Eastern Europe, is bordered by Russia, Ukraine, Poland, Lithuania, and Latvia. Its capital is Minsk. Known for its strong central government and rich cultural heritage, it has a mixed economy with significant state involvement.

Ambassador and Consul General

Global India Business Forum presented Honorary membership to Embassy of the Republic of Belarus, Ambassador H.E. Mr. Andrei Rzheussky. The GIBF team had a fruitful discussion to collaborate GIBF and Belarus to explore different business opportunities and trade between two countries. Global President- GIBF Dr. Jitendra Joshi and Director - Global Operations Deepali Gadkari attended the meeting.

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Exports

The top exports of Belarus are oil products, potash fertilizers, trucks and cars, metal products, tractors, tires, dairy and meat products and timber.

Imports

The top imports of Belarus are crude oil, machinery and transport equipment, manufactured goods, chemicals, iron and steel, and food and live animals.

About Belarus

Belarus, officially known as the Republic of Belarus, is a landlocked country located in Eastern Europe. It is bordered by Russia to the northeast, Ukraine to the south, Poland to the west, Lithuania to the northwest, and Latvia to the north. The capital and largest city is Minsk, which is situated in the central part of the country.
Belarus has several historical and cultural attractions, including castles, churches, and museums. The Białowieża Forest, a UNESCO World Heritage site, is known for its ancient woodland and is home to the European bison.
Ice hockey is a popular sport in Belarus, and the country has produced notable players who have competed at the international level.

Business Opportunities in Belarus

IT and Technology: Belarus has a strong reputation in the IT sector, particularly in software development and outsourcing. The country has a pool of skilled IT professionals. Opportunities exist for foreign companies to collaborate with Belarusian IT firms or establish their own development centers.
Agriculture and Food Processing: Belarus has a significant agricultural sector, and there are opportunities in agribusiness, food processing, and exporting agricultural products. Investments in modern farming techniques, equipment, and food technology can be explored.
Renewable Energy: Belarus has been showing interest in renewable energy, with a focus on wind and solar power. There are opportunities for companies involved in renewable energy projects and technologies.

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Exports and Imports In Belarus

Overview In 2022, Belarus was the number 78 economy in the world in terms of GDP (current US$), the number 100 in total exports, the number 107 in total imports, the number 85 economy in terms of GDP per capita (current US$) and the number 32 most complex economy according to the Economic Complexity Index (ECI).

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Top Exports Of Belarus

The top exports of Belarus are Potassic Fertilizers ($1.89B), Refined Petroleum ($797M), Rapeseed Oil ($540M), Sawn Wood ($451M), and Tractors ($311M), exporting mostly to China ($1.6B), Ukraine ($1.29B), Poland ($933M), Kazakhstan ($827M), and Lithuania ($778M).

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Top Imports Of Belarus

The top imports of Belarus are Cars ($1.87B), Packaged Medicaments ($422M), Light Rubberized Knitted Fabric ($318M), Video Displays ($292M), and Motor vehicles; parts and accessories (8701 to 8705) ($282M), importing mostly from China ($3.23B), Poland ($1.83B), Germany ($1.53B), Lithuania ($1.5B), and Turkey ($1.13B).

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