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2023
Flag → Flag
Exports $103kRnk 65 / 127
2023
Flag → Flag
Top Product $48.3kSauces and Seasonings
2023
Flag → Flag
Exports $19.1MRnk 21 / 150
2023
Flag → Flag
Top Product $3.31MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC $7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195

About

Belize-El Salvador Trade: In 2023, Belize exported $103k to El Salvador. The main products that Belize exported to El Salvador were Sauces and Seasonings ($48.3k), Knit T-shirts ($19.6k), and Centrifuges ($11.4k). Over the past 5 years the exports of Belize to El Salvador have decreased at an annualized rate of 32.5%, from $730k in 2018 to $103k in 2023.

In 2023, Belize did not export any services to El Salvador.

El Salvador-Belize Trade: In 2023, El Salvador exported $19.1M to Belize. The main products that El Salvador exported to Belize were Refined Petroleum ($3.31M), Asbestos Cement Articles ($1.61M), and Raw Iron Bars ($1.54M). Over the past 5 years the exports of El Salvador to Belize have decreased at an annualized rate of 6.25%,  from $26.3M in 2018 to $19.1M in 2023.

In 2023, El Salvador 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, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $103k to El Salvador. The main products exported from Belize to El Salvador were Sauces and Seasonings ($48.3k), Knit T-shirts ($19.6k), and Centrifuges ($11.4k). During the last 5 years the exports of Belize to El Salvador have decreased at an annualized rate of 32.5%, from $730k in 2018 to $103k in 2023.

In 2018, El Salvador exported $19.1M to Belize. The main products exported from El Salvador to Belize were Refined Petroleum ($3.31M), Asbestos Cement Articles ($1.61M), and Raw Iron Bars ($1.54M). During the last 5 years the exports of El Salvador to Belize have decreased at an annualized rate of 6.25%, from $26.3M in 2023 to $19.1M in 2018.

Exports from Belize (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and El Salvador (Flag)

Belize Exports

El Salvador Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
El Salvador
Top DestinationUnited States$2.41B

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

In 2023, countries that imported more from Belize than El Salvador included United Kingdom ($55.9M), Portugal ($18.5M), and Cote d'Ivoire ($13.6M).

In 2023, countries that imported more from El Salvador than Belize included United States ($2.41B), Guatemala ($1.15B), and Honduras ($1.03B).

Difference in imports from El Salvador (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - El Salvador

Flow
Scale

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

During 2023, Belize had a large net trade with El Salvador in the exports of Foodstuffs ($48.4k), Machines ($26.8k), and Textiles ($19.6k).

During 2018, El Salvador had a large net trade with Belize in the exports of Metals ($4.41M), Mineral Products ($4.09M), and Chemical Products ($2.79M).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and El Salvador (Flag) (2023)

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