Belarus's industrial base is relatively well-developed and diversified compared to other newly independent states. Industry accounted for 42% of GDP in 2000. Belarus's main industries are engineering, machine tools, agricultural equipment, fertilizer, chemicals, defense-related products, prefabricated construction materials, motor vehicles, motorcycles, textiles, threads, and some consumer products, such as refrigerators, watches, televisions, and radios. The types of motor vehicles produced are off-highway dump trucks with up to 110-metric-ton load capacity, tractors, earth movers for construction and mining, and 25-metric-ton trucks for use in roadless and tundra areas.
While there had been an increase in industrial production as of 2002, a high volume of unsold industrial goods remain stocked in warehouses, due to high overhead costs that make Belarusian products uncompetitive on the world market. Belarus has taken few steps to privatize state-owned industries: it was estimated that around 10% of all Belarusian enterprises were privatized as of 2000.