2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Belize-Bolivia Trade: In 2022, Belize exported $13.6k to Bolivia. The main products that Belize exported to Bolivia were Computers ($12.5k), Transmissions ($618), and Motor vehicles; parts and accessories (8701 to 8705) ($336). Over the past 5 years the exports of Belize to Bolivia have increased at an annualized rate of 162%, from $109 in 2017 to $13.6k in 2022.

In 2022, Belize did not export any services to Bolivia.

Bolivia-Belize Trade: In 2022, Bolivia exported $54.6k to Belize. The main products that Bolivia exported to Belize were Corn ($51.9k), House Linens ($360), and Polyamide Fabric ($320). Over the past 5 years the exports of Bolivia to Belize have increased at an annualized rate of 8.36%,  from $22.6k in 2017 to $54.6k in 2022.

In 2022, Bolivia did not export any services to Belize.

Comparison In 2022,  Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $13.6k to Bolivia. The main products exported from Belize to Bolivia were Computers ($12.5k), Transmissions ($618), and Motor vehicles; parts and accessories (8701 to 8705) ($336). During the last 5 years the exports of Belize to Bolivia have increased at an annualized rate of 162%, from $109 in 2017 to $13.6k in 2022.

In 2017, Bolivia exported $54.6k to Belize. The main products exported from Bolivia to Belize were Corn ($51.9k), House Linens ($360), and Polyamide Fabric ($320). During the last 5 years the exports of Bolivia to Belize have increased at an annualized rate of 8.36%, from $22.6k in 2022 to $54.6k in 2017.

Exports from Belize (Flag) to Bolivia (Flag) (2022)

Exports from Bolivia (Flag) to Belize (Flag) (2022)

Latest Data

Trade between Belize (Flag) and Bolivia (Flag)

Bolivia Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Bolivia
Top Destination
India$2.27B

This map shows whether countries import more from Belize or Bolivia. Each country is colored based on the difference in imports they receive from Belize and Bolivia or the difference in the growth in imports.

In 2022, countries that imported more from Belize than Bolivia included Guatemala ($39.2M), Honduras ($19.9M), and Hungary ($18.3M).

In 2022, countries that imported more from Bolivia than Belize included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

Difference in imports from Bolivia (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Bolivia

Flow
Scale

This chart compares trade between Belize and Bolivia by product, considering products traded by both, Belize and Bolivia.

During 2022, Belize had a large net trade with Bolivia in the exports of Machines ($13.2k), Transportation ($336), and Instruments ($82).

During 2017, Bolivia had a large net trade with Belize in the exports of Vegetable Products ($51.9k), Textiles ($880), and Machines ($715).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belize and Bolivia. This means that a dot/product with the flag of Belize indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Belize.

Product Space of Belize (Flag) and Bolivia (Flag) (2022)

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