2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Belize-Hong Kong Trade: In 2022, Belize exported $857k to Hong Kong. The main products that Belize exported to Hong Kong were Processed Crustaceans ($837k), Telephones ($13.8k), and Jewellery ($7.22k). Over the past 5 years the exports of Belize to Hong Kong have decreased at an annualized rate of 0.91%, from $898k in 2017 to $857k in 2022.

In 2022, Belize did not export any services to Hong Kong.

Hong Kong-Belize Trade: In 2022, Hong Kong exported $16.8M to Belize. The main products that Hong Kong exported to Belize were Other Footwear ($1.72M), Trunks and Cases ($1.63M), and Knit Active Wear ($1.62M). Over the past 5 years the exports of Hong Kong to Belize have decreased at an annualized rate of 3.47%,  from $20M in 2017 to $16.8M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $857k to Hong Kong. The main products exported from Belize to Hong Kong were Processed Crustaceans ($837k), Telephones ($13.8k), and Jewellery ($7.22k). During the last 5 years the exports of Belize to Hong Kong have decreased at an annualized rate of 0.91%, from $898k in 2017 to $857k in 2022.

In 2017, Hong Kong exported $16.8M to Belize. The main products exported from Hong Kong to Belize were Other Footwear ($1.72M), Trunks and Cases ($1.63M), and Knit Active Wear ($1.62M). During the last 5 years the exports of Hong Kong to Belize have decreased at an annualized rate of 3.47%, from $20M in 2022 to $16.8M in 2017.

Exports from Belize (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Belize (Flag) (2022)

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Belize than Hong Kong included Trinidad and Tobago ($14.7M), Saint Lucia ($1.75M), and Dominica ($1.29M).

In 2022, countries that imported more from Hong Kong than Belize included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Hong Kong

Flow
Scale

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

During 2022, Belize had a large net trade with Hong Kong in the exports of Foodstuffs ($837k), Machines ($13.8k), and Precious Metals ($7.22k).

During 2017, Hong Kong had a large net trade with Belize in the exports of Textiles ($4.12M), Footwear and Headwear ($3.17M), and Machines ($2.32M).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Hong Kong (Flag) (2022)

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