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2022
Flag → Flag
Exports $3.67MRnk 16 / 128
2022
Flag → Flag
Top Product $1.16MDried Legumes
2022
Flag → Flag
Exports $1.13MRnk 52 / 139
2022
Flag → Flag
Top Product $648kExcavation Machinery
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186

About

Belize-Guyana Trade: In 2022, Belize exported $3.67M to Guyana. The main products that Belize exported to Guyana were Dried Legumes ($1.16M), Fruit Juice ($522k), and Scented Mixtures ($479k). Over the past 5 years the exports of Belize to Guyana have increased at an annualized rate of 8.66%, from $2.42M in 2017 to $3.67M in 2022.

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

Guyana-Belize Trade: In 2022, Guyana exported $1.13M to Belize. The main products that Guyana exported to Belize were Excavation Machinery ($648k), Hard Liquor ($366k), and Alcohol > 80% ABV ($92k). Over the past 5 years the exports of Guyana to Belize have decreased at an annualized rate of 3.55%,  from $1.36M in 2017 to $1.13M in 2022.

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

Comparison In 2022,  Belize ranked 175 in total exports ($399M). That same year, Guyana ranked 80 in total exports ($18.5B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $3.67M to Guyana. The main products exported from Belize to Guyana were Dried Legumes ($1.16M), Fruit Juice ($522k), and Scented Mixtures ($479k). During the last 5 years the exports of Belize to Guyana have increased at an annualized rate of 8.66%, from $2.42M in 2017 to $3.67M in 2022.

In 2017, Guyana exported $1.13M to Belize. The main products exported from Guyana to Belize were Excavation Machinery ($648k), Hard Liquor ($366k), and Alcohol > 80% ABV ($92k). During the last 5 years the exports of Guyana to Belize have decreased at an annualized rate of 3.55%, from $1.36M in 2022 to $1.13M in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Guyana (Flag)

Belize Exports

Guyana Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Guyana
Top DestinationPanama$5.84B

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

In 2022, countries that imported more from Belize than Guyana included Guatemala ($39.2M), Hungary ($18.3M), and Ireland ($11.2M).

In 2022, countries that imported more from Guyana than Belize included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

Comparative Advantage Belize - Guyana

Flow
Scale

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

During 2022, Belize had a large net trade with Guyana in the exports of Vegetable Products ($1.16M), Foodstuffs ($1.15M), and Chemical Products ($485k).

During 2017, Guyana had a large net trade with Belize in the exports of Machines ($648k), Foodstuffs ($458k), and Wood Products ($27.5k).

Economic Complexity

Competitive Landscape

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

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

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