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Exporting to Belarus

Thinking about exporting your products and services to Belarus? Do you need to advise your clients on international trade? Find guides and trade forecasts, check the economic and political outlook, and get expert help for your research from the ICAEW Library.

Update on sanctions

UK

Since 2012, the UK has imposed financial sanctions on Belarus. For the latest guidance check UK sanctions on Belarus and the UK Sanctions List pages on the UK Government website. In addition to this, the UK Government has published a number of Notices to exporters that cover sanctions in specific areas.

The UK Government's export support team are available to help answer questions about trading with Ukraine, Russia or Belarus through their dedicated online service and telephone helpline.

European Union

The EU has imposed economic sanctions in response to human rights abuses and instrumentalisation of migrations. For the latest guidance check the Restrictive measures against Belarus page on the European Union website.

To find out more about what the sanctions mean for accountants, please refer to:

Update on export finance

On 15 March 2022, the UK government announced it will no longer issue any new guarantees, loans and insurance for exports to Russia and Belarus: UK cuts off export finance support to Russia and Belarus.

Export guides

Belarus
European Commission
Summary of trade between the EU and Belarus, with statistics on trade in goods and services and foreign direct investment. It describes trade agreements or relationships with the EU and points to the rules and requirements for trading with Belarus.

Economic and political outlook

ICAEW members, ACA students and other entitled users can access a regularly updated report providing assessment of the short, medium and long term outlook for Belarus. The publication includes a five year forecast for key indicators, including economic growth and inflation. It also features analysis of labour markets, exchange rates, economic development, external trade, natural resources and key industry sectors.

You will need to be logged-in to the website to gain full access to this collection.

More forecasts and indicators

EIU country profile: Belarus
Economist Intelligence Unit
Up-to-date highlights covering the economy, political outlook, credit risk, regulatory assessment, business environment and key industry sectors.

Trade data

Belarus: Economic indicators
Trading economics
Information, including historical data, for a range of economic indicators, exchange rates, stock market indexes, government bond yields and commodity prices. Data is based on official sources, and facts are regularly checked for inconsistencies.

Business environment

On our Doing Business in Belarus page you can find information on the business environment, local law and support networks.

Companies

We can help ICAEW members locate financial data and reports for companies in this country through our company research service.

Risk and insolvency

Economic studies: Belarus
Coface
Profile regularly updated by the credit insurance group. It gives a general risk assessment, detailed information on means of payment and collection methods in Belarus, insolvency trend data and a comparison against the payment incident index.

Further reading

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports by post or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by web chat or by email at library@icaew.com.

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