Belize (BLZ) and Colombia (COL) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Colombia () (2022)

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

Latest Data

Trade between Belize () and Colombia ()

Belize Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Belize () (2022)

Comparative Advantage Belize - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Belize () and Colombia ()

Belize Exports

Colombia Exports

Market Competitiveness

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

Comparative Advantage Belize - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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