2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC 
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Belize-Ethiopia Trade: In 2022, Belize exported $13.5k to Ethiopia. The main products that Belize exported to Ethiopia were Excavation Machinery ($12.3k) and Engine Parts ($1.26k). Over the past 6 years the exports of Belize to Ethiopia have increased at an annualized rate of 8.78%, from $8.17k in 2016 to $13.5k in 2022.

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

Ethiopia-Belize Trade: In 2022, Ethiopia exported $5.26k to Belize. The main products that Ethiopia exported to Belize were N/A. Over the past 6 years the exports of Ethiopia to Belize have increased at an annualized rate of 52.2%,  from $645 in 2016 to $5.26k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $13.5k to Ethiopia. The main products exported from Belize to Ethiopia were Excavation Machinery ($12.3k) and Engine Parts ($1.26k). During the last 6 years the exports of Belize to Ethiopia have increased at an annualized rate of 8.78%, from $8.17k in 2016 to $13.5k in 2022.

In 2015, Ethiopia exported $5.26k to Belize. There were not main exports from Ethiopia to Belize in 2015. During the last 5 years the exports of Ethiopia to Belize have increased at an annualized rate of 52.2%, from $645 in 2020 to $5.26k in 2015.

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

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

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Ethiopia
Top Destination
United Arab Emirates$723M

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

In 2022, countries that imported more from Belize than Ethiopia included Guatemala ($39.2M), Honduras ($19.9M), and Hungary ($18.3M).

In 2022, countries that imported more from Ethiopia than Belize included United Arab Emirates ($723M), United States ($557M), and Germany ($274M).

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

Comparative Advantage Belize - Ethiopia

Flow
Scale

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

During 2022, Belize had a large net trade with Ethiopia in the exports of Machines ($13.5k).

During 2015, Ethiopia had a large net trade with Belize in the exports of .

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with