Key Market Indicators
Belarus is on track to register approximately 7,270 commercial vehicles by 2028, up from around 6,480 units in 2023. This marks an average annual growth rate of 1.9%. Since 2010, the Belarusian commercial vehicle market has been expanding at an impressive rate of 10% per year. Despite the growth, Belarus ranked 71st in the world in 2023, with Laos surpassing it with 6,480 units. In the global landscape, Canada, Mexico, and Argentina took the second, third, and fourth spots respectively for commercial vehicle registrations.
