2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 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
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Belize-Saudi Arabia Trade: In 2022, Belize exported $30.3k to Saudi Arabia. The main products that Belize exported to Saudi Arabia were Dried Legumes ($30.3k). Over the past 6 years the exports of Belize to Saudi Arabia have decreased at an annualized rate of 30.1%, from $261k in 2016 to $30.3k in 2022.

In 2022, Belize did not export any services to Saudi Arabia.

Saudi Arabia-Belize Trade: In 2022, Saudi Arabia exported $1.45k to Belize. The main products that Saudi Arabia exported to Belize were Cars ($850), Motorcycles and cycles ($444), and Industrial Printers ($99). Over the past 6 years the exports of Saudi Arabia to Belize have increased at an annualized rate of 15.5%,  from $705 in 2016 to $1.45k in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $30.3k to Saudi Arabia. The main products exported from Belize to Saudi Arabia were Dried Legumes ($30.3k). During the last 6 years the exports of Belize to Saudi Arabia have decreased at an annualized rate of 30.1%, from $261k in 2016 to $30.3k in 2022.

In 2017, Saudi Arabia exported $1.45k to Belize. The main products exported from Saudi Arabia to Belize were Cars ($850), Motorcycles and cycles ($444), and Industrial Printers ($99). During the last 5 years the exports of Saudi Arabia to Belize have increased at an annualized rate of 15.5%, from $705 in 2022 to $1.45k in 2017.

Exports from Belize (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Belize (Flag) (2022)

Latest Data

Trade between Belize (Flag) and Saudi Arabia (Flag)

Belize Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Belize than Saudi Arabia included Honduras ($19.9M), Jamaica ($14.9M), and Trinidad and Tobago ($14.7M).

In 2022, countries that imported more from Saudi Arabia than Belize included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Saudi Arabia

Flow
Scale

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

During 2022, Belize had a large net trade with Saudi Arabia in the exports of Vegetable Products ($30.3k).

During 2017, Saudi Arabia had a large net trade with Belize in the exports of Transportation ($1.29k), Machines ($99), and Textiles ($58).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Saudi Arabia (Flag) (2022)

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