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2022
Flag → Flag
Exports $85.8kRnk 66 / 128
2022
Flag → Flag
Top Product $39.7kOther Furniture
2022
Flag → Flag
Exports $4.71MRnk 98 / 187
2022
Flag → Flag
Top Product $870kCentrifuges
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Belize-Colombia Trade: In 2022, Belize exported $85.8k to Colombia. The main products that Belize exported to Colombia were Other Furniture ($39.7k), Office Machine Parts ($27.6k), and Seats ($7.93k). Over the past 5 years the exports of Belize to Colombia have decreased at an annualized rate of 11.2%, from $155k in 2017 to $85.8k in 2022.

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

Colombia-Belize Trade: In 2022, Colombia exported $4.71M to Belize. The main products that Colombia exported to Belize were Centrifuges ($870k), Aluminium Cans ($489k), and Pesticides ($436k). Over the past 5 years the exports of Colombia to Belize have increased at an annualized rate of 11.6%,  from $2.72M in 2017 to $4.71M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $85.8k to Colombia. The main products exported from Belize to Colombia were Other Furniture ($39.7k), Office Machine Parts ($27.6k), and Seats ($7.93k). During the last 5 years the exports of Belize to Colombia have decreased at an annualized rate of 11.2%, from $155k in 2017 to $85.8k in 2022.

In 2017, Colombia exported $4.71M to Belize. The main products exported from Colombia to Belize were Centrifuges ($870k), Aluminium Cans ($489k), and Pesticides ($436k). During the last 5 years the exports of Colombia to Belize have increased at an annualized rate of 11.6%, from $2.72M in 2022 to $4.71M in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Colombia (Flag)

Belize Exports

Colombia Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Belize than Colombia included Hungary ($18.3M), Bulgaria ($2.96M), and Saint Kitts and Nevis ($805k).

In 2022, countries that imported more from Colombia than Belize included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Belize - Colombia

Flow
Scale

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

During 2022, Belize had a large net trade with Colombia in the exports of Miscellaneous ($47.6k), Machines ($38.1k), and Paper Goods ($70).

During 2017, Colombia had a large net trade with Belize in the exports of Machines ($1.9M), Metals ($862k), and Chemical Products ($771k).

Economic Complexity

Competitive Landscape

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

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

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