According to resources, the total export to Belarus from India reached an estimated revenue of $171 Million by the year 2021.
Trade agreements have also been signed between both countries in order to support exports.
Medicaments, Fish fillets, and Dry machines are the major exported products from India to Belarus.
The E-commerce industry in Belarus is also rising with an estimated volume of more than $2.4 billion and increasing with a growth rate of 18.32% by the year 2022 which is a good sign for Indian exporters.
The main reason behind the eCommerce growth is the Internet penetration rate in Belarus which is 82.8% at the present moment.
So, it’s a good scope for Indian exporters and sellers to grab the Belarus market whether through offline channels or online selling platforms & marketplaces in Belarus.
Useful resources