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Belarus Electrical Equipment Industry Outlook 2022 - 2026

See how Belarus Electrical Equipment performed compared to key markets such as China, the United States and Germany.

Key Market Indicators

Belarus' electrical equipment imports are expected to reach $3 billion by 2026, up from $2.7 billion in 2021. The country has seen an average year-on-year growth of 2.2% since 2003. In 2021, Belarus came in at number 61, with Estonia just ahead of it at $2.7 billion. The United States, Germany and Singapore were ranked 2nd, 3rd and 4th respectively. Meanwhile, Belarus' electrical equipment exports are projected to reach $1.1 billion by 2026, up from $960 million in 2021. This is an average year-on-year growth of 1.7% since 2003. In 2021, Belarus was 54th, with Panama at $960 million. South Korea, the United States and Germany were ranked 2nd, 3rd and 4th respectively.

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Belarus Electrical Equipment Market Data and Forecasts