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2023
Flag → Flag
Exports $24.8kRnk 85 / 127
2023
Flag → Flag
Top Product $19.8kLiquid Pumps
2023
Flag → Flag
Exports $3.51MRnk 106 / 183
2023
Flag → Flag
Top Product $1.57MSulfate Chemical Woodpulp
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 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$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Belize-Chile Trade: In 2023, Belize exported $24.8k to Chile. The main products that Belize exported to Chile were Liquid Pumps ($19.8k), Iron Springs ($3.15k), and Iron Pipe Fittings ($1.45k). Over the past 5 years the exports of Belize to Chile have decreased at an annualized rate of 1.08%, from $26.2k in 2018 to $24.8k in 2023.

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

Chile-Belize Trade: In 2023, Chile exported $3.51M to Belize. The main products that Chile exported to Belize were Sulfate Chemical Woodpulp ($1.57M), Malt Extract ($1.09M), and Packaged Medicaments ($355k). Over the past 5 years the exports of Chile to Belize have increased at an annualized rate of 6.21%,  from $2.59M in 2018 to $3.51M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $24.8k to Chile. The main products exported from Belize to Chile were Liquid Pumps ($19.8k), Iron Springs ($3.15k), and Iron Pipe Fittings ($1.45k). During the last 5 years the exports of Belize to Chile have decreased at an annualized rate of 1.08%, from $26.2k in 2018 to $24.8k in 2023.

In 2018, Chile exported $3.51M to Belize. The main products exported from Chile to Belize were Sulfate Chemical Woodpulp ($1.57M), Malt Extract ($1.09M), and Packaged Medicaments ($355k). During the last 5 years the exports of Chile to Belize have increased at an annualized rate of 6.21%, from $2.59M in 2023 to $3.51M in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Chile (Flag)

Belize Exports

Chile Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Chile
Top DestinationChina$38.2B

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

In 2023, countries that imported more from Belize than Chile included Barbados ($4.55M), Dominica ($1.66M), and Saint Kitts and Nevis ($889k).

In 2023, countries that imported more from Chile than Belize included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

Comparative Advantage Belize - Chile

Flow
Scale

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

During 2023, Belize had a large net trade with Chile in the exports of Machines ($19.8k), Metals ($4.74k), and Transportation ($132).

During 2018, Chile had a large net trade with Belize in the exports of Paper Goods ($1.57M), Foodstuffs ($1.4M), and Chemical Products ($418k).

Economic Complexity

Competitive Landscape

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

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

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