2023
Flag  
GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Belize-India Trade: In 2023, Belize exported $312k to India. The main products that Belize exported to India were Other Vegetable Residues and Waste ($154k), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($59.4k), and Animal Food ($52.6k). Over the past 5 years the exports of Belize to India have decreased at an annualized rate of 17.2%, from $799k in 2018 to $312k in 2023.

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

India-Belize Trade: In 2023, India exported $19.6M to Belize. The main products that India exported to Belize were Rolled Tobacco ($5.42M), Packaged Medicaments ($2.36M), and Non-Knit Women's Suits ($2M). Over the past 5 years the exports of India to Belize have increased at an annualized rate of 3.29%,  from $16.7M in 2018 to $19.6M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $312k to India. The main products exported from Belize to India were Other Vegetable Residues and Waste ($154k), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($59.4k), and Animal Food ($52.6k). During the last 5 years the exports of Belize to India have decreased at an annualized rate of 17.2%, from $799k in 2018 to $312k in 2023.

In 2018, India exported $19.6M to Belize. The main products exported from India to Belize were Rolled Tobacco ($5.42M), Packaged Medicaments ($2.36M), and Non-Knit Women's Suits ($2M). During the last 5 years the exports of India to Belize have increased at an annualized rate of 3.29%, from $16.7M in 2023 to $19.6M in 2018.

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

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

Latest Data

Trade between Belize (Flag) and India (Flag)

Belize Exports

India Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.2M
India
Top Destination
United States$85.5B

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

In 2023, countries that imported more from Belize than India included Saint Martin ($50.3k).

In 2023, countries that imported more from India than Belize included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Belize - India

Flow
Scale

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

During 2023, Belize had a large net trade with India in the exports of Foodstuffs ($206k), Chemical Products ($59.4k), and Textiles ($27.4k).

During 2018, India had a large net trade with Belize in the exports of Foodstuffs ($5.65M), Textiles ($4.49M), and Chemical Products ($3.77M).

Economic Complexity

Competitive Landscape

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

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

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