Belarus Vehicle Market in 2025 continues to grow. Q1 figures rose by 61.6%, building on the last 2 years positive string. Geely secured more than half of the market, distancing other brands in a tight and competitive Top 10.
Economic Environment
Belarus’s economy is forecast to slow significantly, with GDP growth expected at 2.2% in 2025, down from 4% in 2024, mainly due to weaker demand from Russia and persistent external pressures. The economy has recently benefited from strong domestic demand, rising wages, and robust industrial and construction activity, but faces major structural challenges. Sanctions, restricted access to technology, labor shortages, and trade logistics issues continue to weigh on long-term competitiveness and growth potential. Inflation is forecast to rise to 6.5% in 2025, fueled by easing price controls, food shortages, and high logistical costs.
Private consumption will remain a key growth driver but is expected to moderate as inflation erodes purchasing power. Investment will contribute modestly, though capacity constraints and resource limitations will cap further expansion. Export growth will be sluggish, reflecting Belarus’s heavy reliance on the Russian market and broader geopolitical uncertainties.
Automotive Industry Trend And Outlook
After skyrocketing in 2024, the Belarusian vehicle market continues to thrive in 2025, with Q1 figures growing by 61.6%.
Looking at data up to March 2025 brand-wise, Geely led with an 40.2% sales increase and a 55.2% market share, followed by UAZ (+52.4%) and Lada, which jumped one spot (+69.3%). Chery ranked 4th, up 68.9% while Vohan reported breakout performance, up 143.2% into 5th.
The Geely Atlas Pro was the best-selling car, up 30.1%, followed by the Geely Tugella, which surged 70%.
EV Market Trend And Outlook
The Belarusian EV sector surged 130.4% in Q1 of 2025, backed by the government’s commitment about supporting EV expansion.
Vohan was the segment’s leader, with a share of 74.1% and growing 143.2%. Dongfeng ranked 2nd, up 61.7% while Skywell was 3rd growing 325%.
