NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $55.9MRnk 2 / 127
2023
Flag → Flag
Top Product $29.3MBananas
2023
Flag → Flag
Exports $17.2MRnk 162 / 223
2023
Flag → Flag
Top Product $2.85MRecreational Boats
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Belize-United Kingdom Trade: In 2023, Belize exported $55.9M to United Kingdom. The main products that Belize exported to United Kingdom were Bananas ($29.3M), Raw Sugar ($22.4M), and Wood Carpentry ($1.22M). Over the past 5 years the exports of Belize to United Kingdom have decreased at an annualized rate of 13.8%, from $117M in 2018 to $55.9M in 2023.

In 2023, Belize did not export any services to United Kingdom.

United Kingdom-Belize Trade: In 2023, United Kingdom exported $17.2M to Belize. The main products that United Kingdom exported to Belize were Recreational Boats ($2.85M), Paper Labels ($1.15M), and Hard Liquor ($918k). Over the past 5 years the exports of United Kingdom to Belize have increased at an annualized rate of 5.75%,  from $13M in 2018 to $17.2M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $55.9M to United Kingdom. The main products exported from Belize to United Kingdom were Bananas ($29.3M), Raw Sugar ($22.4M), and Wood Carpentry ($1.22M). During the last 5 years the exports of Belize to United Kingdom have decreased at an annualized rate of 13.8%, from $117M in 2018 to $55.9M in 2023.

In 2018, United Kingdom exported $17.2M to Belize. The main products exported from United Kingdom to Belize were Recreational Boats ($2.85M), Paper Labels ($1.15M), and Hard Liquor ($918k). During the last 5 years the exports of United Kingdom to Belize have increased at an annualized rate of 5.75%, from $13M in 2023 to $17.2M in 2018.

Exports from Belize (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and United Kingdom (Flag)

Belize Exports

United Kingdom Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, no countries were registered that imported more from Belize than from United Kingdom.

In 2023, countries that imported more from United Kingdom than Belize included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - United Kingdom

Flow
Scale

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

During 2023, Belize had a large net trade with United Kingdom in the exports of Vegetable Products ($29.8M), Foodstuffs ($22.6M), and Wood Products ($1.26M).

During 2018, United Kingdom had a large net trade with Belize in the exports of Transportation ($4.6M), Foodstuffs ($2.67M), and Paper Goods ($2.55M).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and United Kingdom (Flag) (2023)

Keep Exploring

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