Part 3/13:
Economic Foundations: How Belarus Turns Geography into Revenue
Despite its strategic geopolitical position, Belarus has no significant natural resources like oil or gas, nor does it boast a coastline or cutting-edge technological industries. Instead, it leverages its geographic and industrial assets to generate income, primarily through:
- Potash Production: Belarus is a global leader in potash, a vital component for fertilizers, ranking second after Canada. In 2021, Belarus exported around 10 million tons, earning approximately $3 billion. Even amid sanctions, the country rerouted exports through Russian ports and overland to China and Brazil, maintaining this crucial revenue stream.