Belize (BLZ) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Belize-Ecuador Trade: In 2022, Belize exported $288k to Ecuador. The main products that Belize exported to Ecuador were Office Machine Parts ($267k), Electrical Transformers ($9.94k), and Integrated Circuits ($8.73k). Over the past 5 years the exports of Belize to Ecuador have increased at an annualized rate of 115%, from $6.2k in 2017 to $288k in 2022.

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

Ecuador-Belize Trade: In 2022, Ecuador exported $410k to Belize. The main products that Ecuador exported to Belize were Prefabricated Buildings ($170k), Iron Stovetops ($130k), and Bathroom Ceramics ($105k). Over the past 5 years the exports of Ecuador to Belize have decreased at an annualized rate of 0.51%, from $439k in 2017 to $410k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $288k to Ecuador. The main products exported from Belize to Ecuador were Office Machine Parts ($267k), Electrical Transformers ($9.94k), and Integrated Circuits ($8.73k). During the last 5 years the exports of Belize to Ecuador have increased at an annualized rate of 115%, from $6.2k in 2017 to $288k in 2022.

In 2017, Ecuador exported $410k to Belize. The main products exported from Ecuador to Belize were Prefabricated Buildings ($170k), Iron Stovetops ($130k), and Bathroom Ceramics ($105k). During the last 5 years the exports of Ecuador to Belize have decreased at an annualized rate of 0.51%, from $439k in 2022 to $410k in 2017.

Exports from Belize () to Ecuador () (2022)

Exports from Ecuador () to Belize () (2022)

Latest Data

Trade between Belize () and Ecuador ()

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Belize than Ecuador included Hungary ($18.3M), Suriname ($3.65M), and Guyana ($3.67M).

In 2022, countries that imported more from Ecuador than Belize included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Belize - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Ecuador in the exports of Machines ($288k) and Plastics and Rubbers ($378).

During 2017, Ecuador had a large net trade with Belize in the exports of Miscellaneous ($170k), Metals ($131k), and Stone And Glass ($105k).

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 Ecuador. This means that a dot/product with the flag of Belize indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Belize.

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Ecuador () (2022)

Exports from Ecuador () to Belize () (2022)

Latest Data

Trade between Belize () and Ecuador ()

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Belize - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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