2023
Flag  
GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 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
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Belize-Philippines Trade: In 2022, Belize exported $66 to Philippines. The main products that Belize exported to Philippines were N/A. Over the past 8 years the exports of Belize to Philippines have decreased at an annualized rate of 55.5%, from $43.2k in 2014 to $66 in 2022.

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

Philippines-Belize Trade: In 2022, Philippines exported $397k to Belize. The main products that Philippines exported to Belize were Rolled Tobacco ($365k), Broadcasting Equipment ($6.96k), and Milling Stones ($6.35k). Over the past 8 years the exports of Philippines to Belize have decreased at an annualized rate of 27.6%,  from $1.99M in 2014 to $397k in 2022.

In 2022, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $66 to Philippines. There were not main exports from Belize to Philippines in 2022. During the last 8 years the exports of Belize to Philippines have decreased at an annualized rate of 55.5%, from $43.2k in 2014 to $66 in 2022.

In 2018, Philippines exported $397k to Belize. The main products exported from Philippines to Belize were Rolled Tobacco ($365k), Broadcasting Equipment ($6.96k), and Milling Stones ($6.35k). During the last 5 years the exports of Philippines to Belize have decreased at an annualized rate of 27.6%, from $1.99M in 2023 to $397k in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Philippines (Flag)

Belize Exports

Philippines Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.2M
Philippines
Top Destination
China$19B

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

In 2023, countries that imported more from Belize than Philippines included Trinidad and Tobago ($15.5M), Jamaica ($12.6M), and Cote d'Ivoire ($13.6M).

In 2023, countries that imported more from Philippines than Belize included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Belize - Philippines

Flow
Scale

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

During 2022, Belize had a large net trade with Philippines in the exports of .

During 2018, Philippines had a large net trade with Belize in the exports of Foodstuffs ($365k), Machines ($18.4k), and Stone And Glass ($6.35k).

Economic Complexity

Competitive Landscape

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

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

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