2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
Rnk 161 / 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
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
Rnk 150 / 186

About

Belize-Trinidad and Tobago Trade: In 2022, Belize exported $14.7M to Trinidad and Tobago. The main products that Belize exported to Trinidad and Tobago were Raw Sugar ($8.23M), Fruit Juice ($4.18M), and Dried Legumes ($1.28M). Over the past 5 years the exports of Belize to Trinidad and Tobago have increased at an annualized rate of 12.9%, from $8.03M in 2017 to $14.7M in 2022.

In 2022, Belize did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Belize Trade: In 2022, Trinidad and Tobago exported $28.8M to Belize. The main products that Trinidad and Tobago exported to Belize were Petroleum Gas ($7.58M), Rolled Tobacco ($6.14M), and Nitrogenous Fertilizers ($4.48M). Over the past 5 years the exports of Trinidad and Tobago to Belize have increased at an annualized rate of 13.4%,  from $15.4M in 2017 to $28.8M in 2022.

In 2022, Trinidad and Tobago did not export any services to Belize.

Comparison In 2022,  Belize ranked 175 in total exports ($399M). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $14.7M to Trinidad and Tobago. The main products exported from Belize to Trinidad and Tobago were Raw Sugar ($8.23M), Fruit Juice ($4.18M), and Dried Legumes ($1.28M). During the last 5 years the exports of Belize to Trinidad and Tobago have increased at an annualized rate of 12.9%, from $8.03M in 2017 to $14.7M in 2022.

In 2017, Trinidad and Tobago exported $28.8M to Belize. The main products exported from Trinidad and Tobago to Belize were Petroleum Gas ($7.58M), Rolled Tobacco ($6.14M), and Nitrogenous Fertilizers ($4.48M). During the last 5 years the exports of Trinidad and Tobago to Belize have increased at an annualized rate of 13.4%, from $15.4M in 2022 to $28.8M in 2017.

Exports from Belize (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Belize (Flag) (2022)

Latest Data

Trade between Belize (Flag) and Trinidad and Tobago (Flag)

Belize Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from Belize than Trinidad and Tobago included Guatemala ($39.2M), Hungary ($18.3M), and Honduras ($19.9M).

In 2022, countries that imported more from Trinidad and Tobago than Belize included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Trinidad and Tobago

Flow
Scale

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

During 2022, Belize had a large net trade with Trinidad and Tobago in the exports of Foodstuffs ($12.8M), Vegetable Products ($1.7M), and Chemical Products ($190k).

During 2017, Trinidad and Tobago had a large net trade with Belize in the exports of Foodstuffs ($8.63M), Mineral Products ($7.58M), and Chemical Products ($6.99M).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Trinidad and Tobago (Flag) (2022)

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