2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Belize-Portugal Trade: In 2022, Belize exported $5.6M to Portugal. The main products that Belize exported to Portugal were Molluscs ($2.65M), Raw Sugar ($2.11M), and Non-fillet Frozen Fish ($744k). Over the past 5 years the exports of Belize to Portugal have decreased at an annualized rate of 15.6%, from $13.1M in 2017 to $5.6M in 2022.

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

Portugal-Belize Trade: In 2022, Portugal exported $82.2k to Belize. The main products that Portugal exported to Belize were Non-Knit Men's Shirts ($19.4k), Non-Knit Men's Suits ($11.3k), and Non-Knit Active Wear ($10.9k). Over the past 5 years the exports of Portugal to Belize have decreased at an annualized rate of 33.1%,  from $613k in 2017 to $82.2k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $5.6M to Portugal. The main products exported from Belize to Portugal were Molluscs ($2.65M), Raw Sugar ($2.11M), and Non-fillet Frozen Fish ($744k). During the last 5 years the exports of Belize to Portugal have decreased at an annualized rate of 15.6%, from $13.1M in 2017 to $5.6M in 2022.

In 2017, Portugal exported $82.2k to Belize. The main products exported from Portugal to Belize were Non-Knit Men's Shirts ($19.4k), Non-Knit Men's Suits ($11.3k), and Non-Knit Active Wear ($10.9k). During the last 5 years the exports of Portugal to Belize have decreased at an annualized rate of 33.1%, from $613k in 2022 to $82.2k in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Portugal (Flag)

Belize Exports

Portugal Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from Belize than Portugal included Jamaica ($14.9M), Guatemala ($39.2M), and Honduras ($19.9M).

In 2022, countries that imported more from Portugal than Belize included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Belize - Portugal

Flow
Scale

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

During 2022, Belize had a large net trade with Portugal in the exports of Animal Products ($3.39M), Foodstuffs ($2.11M), and Vegetable Products ($96.2k).

During 2017, Portugal had a large net trade with Belize in the exports of Textiles ($57k), Miscellaneous ($8.32k), and Footwear and Headwear ($7.94k).

Economic Complexity

Competitive Landscape

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

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

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