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2023
Flag → Flag
Exports $1.41kRnk 116 / 127
2023
Flag → Flag
Top Product $909Other Plastic Products
2023
Flag → Flag
Exports $717kRnk 118 / 174
2023
Flag → Flag
Top Product $222kPrefabricated Buildings
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 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$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Belize-Ecuador Trade: In 2023, Belize exported $1.41k to Ecuador. The main products that Belize exported to Ecuador were Other Plastic Products ($909), Motor vehicles; parts and accessories (8701 to 8705) ($174), and Transmissions ($164). Over the past 5 years the exports of Belize to Ecuador have decreased at an annualized rate of 29.4%, from $8.02k in 2018 to $1.41k in 2023.

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

Ecuador-Belize Trade: In 2023, Ecuador exported $717k to Belize. The main products that Ecuador exported to Belize were Prefabricated Buildings ($222k), Iron Structures ($200k), and Bathroom Ceramics ($167k). Over the past 5 years the exports of Ecuador to Belize have increased at an annualized rate of 17.4%,  from $321k in 2018 to $717k in 2023.

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $1.41k to Ecuador. The main products exported from Belize to Ecuador were Other Plastic Products ($909), Motor vehicles; parts and accessories (8701 to 8705) ($174), and Transmissions ($164). During the last 5 years the exports of Belize to Ecuador have decreased at an annualized rate of 29.4%, from $8.02k in 2018 to $1.41k in 2023.

In 2018, Ecuador exported $717k to Belize. The main products exported from Ecuador to Belize were Prefabricated Buildings ($222k), Iron Structures ($200k), and Bathroom Ceramics ($167k). During the last 5 years the exports of Ecuador to Belize have increased at an annualized rate of 17.4%, from $321k in 2023 to $717k in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Ecuador
Top DestinationUnited States$8.34B

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 2023, countries that imported more from Belize than Ecuador included Hungary ($10.4M), Trinidad and Tobago ($15.5M), and Jamaica ($12.6M).

In 2023, countries that imported more from Ecuador than Belize included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Belize - Ecuador

Flow
Scale

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

During 2023, Belize had a large net trade with Ecuador in the exports of Plastics and Rubbers ($961), Machines ($270), and Transportation ($174).

During 2018, Ecuador had a large net trade with Belize in the exports of Miscellaneous ($253k), Metals ($228k), and Stone And Glass ($196k).

Economic Complexity

Competitive Landscape

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.

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

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