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2023
Flag → Flag
Exports $3.14MRnk 19 / 127
2023
Flag → Flag
Top Product $1.04MElectric Motors
2023
Flag → Flag
Exports $14.5MRnk 144 / 215
2023
Flag → Flag
Top Product $2.05MPotassic Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC $7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195

About

Belize-Canada Trade: In 2023, Belize exported $3.14M to Canada. The main products that Belize exported to Canada were Electric Motors ($1.04M), Crustaceans ($267k), and Other Carbon Paper ($198k). Over the past 5 years the exports of Belize to Canada have increased at an annualized rate of 8.01%, from $2.14M in 2018 to $3.14M in 2023.

In 2023, Belize did not export any services to Canada.

Canada-Belize Trade: In 2023, Canada exported $14.5M to Belize. The main products that Canada exported to Belize were Potassic Fertilizers ($2.05M), Mixed Mineral or Chemical Fertilizers ($1.83M), and Other Printed Material ($1.16M). Over the past 5 years the exports of Canada to Belize have increased at an annualized rate of 4.71%,  from $11.5M in 2018 to $14.5M in 2023.

In 2023, Canada did not export any services to Belize.

Comparison In 2023,  Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $3.14M to Canada. The main products exported from Belize to Canada were Electric Motors ($1.04M), Crustaceans ($267k), and Other Carbon Paper ($198k). During the last 5 years the exports of Belize to Canada have increased at an annualized rate of 8.01%, from $2.14M in 2018 to $3.14M in 2023.

In 2018, Canada exported $14.5M to Belize. The main products exported from Canada to Belize were Potassic Fertilizers ($2.05M), Mixed Mineral or Chemical Fertilizers ($1.83M), and Other Printed Material ($1.16M). During the last 5 years the exports of Canada to Belize have increased at an annualized rate of 4.71%, from $11.5M in 2023 to $14.5M in 2018.

Exports from Belize (Flag) to Canada (Flag) (2023)

Exports from Canada (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and Canada (Flag)

Belize Exports

Canada Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Canada
Top DestinationUnited States$410B

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

In 2023, no countries were registered that imported more from Belize than from Canada.

In 2023, countries that imported more from Canada than Belize included United States ($410B), China ($31.1B), and United Kingdom ($18B).

Difference in imports from Canada (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - Canada

Flow
Scale

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

During 2023, Belize had a large net trade with Canada in the exports of Machines ($1.48M), Foodstuffs ($348k), and Paper Goods ($308k).

During 2018, Canada had a large net trade with Belize in the exports of Chemical Products ($4.68M), Machines ($3.24M), and Vegetable Products ($1.32M).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Canada (Flag) (2023)

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