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Trade and Economic Cooperation

Thailand maintains the status of one of Belarus’s primary foreign trade partners in Southeast Asia along with Vietnam, Indonesia and Malaysia.

Trade turnover between the Republic of Belarus and the Kingdom of Thailand

                                                                                          in million dollars USD

 

2016

2017

2018

2019

2020

2021 Jan-June
2022

Turnover

88,8

89,2

123,3

88,6

89,5 134,9 62,9

Exports

54,1

50,8

80,2

42,5

51,9 94,8 46,6

Imports

34,7

38,4

43,1

46,1

37,6 40,1 16,3

Balance

19,4

12,4

37,1

-3,6

14,3 54,7 30,3

The main exports of Belarus to Thailand in recent years are:

♦ potash fertilizers;
♦ milk whey;
♦ printed books and brochures;
♦ linen fabrics.

Main articles of imports of Belarus from Thailand are:

♦ tires;
♦ products and clothes made of rubber;
♦ nuts and fruits;
♦ electronic integrated circuits;
♦ machine tools;
♦ ethylene polymers.

On June 15, 2021, the Cooperation Agreement between the Belarusian CCI and the Thai Council of Trade was signed online.

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