Belarus, while not ranking among the top importers of tapioca starch, demonstrated its participation in the global market through its import activities in 2021.
Belarus’ Tapioca Starch Imports
In 2021, Belarus imported a total of $108k worth of tapioca starch, securing the 85th position among the largest global importers. Tapioca starch held the 3499th spot on Belarus’ list of imported products, indicating its relatively moderate significance in the country’s overall import landscape.
Vietnam emerged as the primary source of Belarus’ tapioca starch imports, accounting for the majority of shipments valued at $92.5k. Russia also contributed to Belarus’ tapioca starch imports, albeit to a lesser extent, with a total value of $15.9k.
Between 2020 and 2021, Belarus experienced notable growth in its import market for tapioca starch from Russia, with an increase of $14.4k. This development suggests an expanding demand for Russian tapioca starch within Belarus.
Continent | Country | Trade Value |
Asia | Vietnam | 92,499 |
Europe | Russia | 15,949 |
Tariffs
As of 2018, Belarus faced an average tariff rate of 7.73% on tapioca starch imports. Notably, the countries imposing the highest import tariffs on tapioca starch were Botswana, Cote d’Ivoire, Cameroon, Republic of the Congo, and Cape Verde. These nations applied a Most Favoured Nation duty rate treatment of 10%, which constituted a trade barrier for Belarus’ tapioca starch imports.
Importing Tapioca Starch from Vietnam: A Reliable Partnership
Vietnam has emerged as a prominent supplier of tapioca starch to the Belarus market. In 2021, the total value of tapioca starch imports from Vietnam amounted to an impressive $92,499. This significant figure indicates that Vietnam’s tapioca starch holds a strong position in the market and is poised to maintain its presence in Belarus in the years to come. The reasons behind this sustained importation are primarily attributed to the product’s superior quality and competitive pricing.
Belarus benefits from Vietnam’s tapioca starch exports, which provide a dependable supply of this vital ingredient. The substantial import value from Vietnam underscores Belarus’s confidence in Vietnam as a trusted and preferred partner for fulfilling its tapioca starch requirements. With its consistent quality and competitive pricing, Vietnam’s tapioca starch has proven to be a reliable source that meets Belarus’s demand for this essential product.
Belarus’ Impact on the Tapioca Starch Trade
While Belarus may not be among the largest importers of tapioca starch globally, its participation in the market demonstrates its engagement with this versatile product. With Vietnam as the primary source of imports and Russia playing a supplementary role, Belarus relies on these countries to meet its tapioca starch demands.
Navigating the tariff landscape remains crucial for Belarus as it aims to maintain a sustainable and cost-effective tapioca starch trade. As market dynamics and trade relations evolve, Belarus’ position as an importer of tapioca starch may undergo further transformations in the future.
Source: BACI and General Statistics Office of Vietnam