Evaluation of imports of the Republic of Belarus

Abstract

The article analyses the development of imports in the Republic of Belarus in dynamics and geographically, as well as by type of goods and services. The methodological basis of the study consists of analysis, synthesis, geographical systematisation, statistical methods, economic and statistical comparisons. As the analysis showed imports provide a significant share of GDP of the Republic of Belarus. Belarus was a net importer of goods, because the share of goods was significant in imports and averaged 88.6% of the total imports for 2012-2018. The article reveals that the Belarusian imports has a lack of geographical and commodity diversification. Goods imports had raw material orientation. Poor geographical diversification indicate significant dependence of the Republic of Belarus on deliveries from foreign countries, primarily from the Russian Federation.