2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Belize-Chinese Taipei Trade: In 2022, Belize exported $4.59M to Chinese Taipei. The main products that Belize exported to Chinese Taipei were Crustaceans ($4.32M), Other Processed Fruits and Nuts ($162k), and Air Pumps ($43k). Over the past 5 years the exports of Belize to Chinese Taipei have increased at an annualized rate of 17.8%, from $2.02M in 2017 to $4.59M in 2022.

In 2022, Belize did not export any services to Chinese Taipei.

Chinese Taipei-Belize Trade: In 2022, Chinese Taipei exported $9.53M to Belize. The main products that Chinese Taipei exported to Belize were Air Pumps ($2.9M), Fishing Ships ($2.33M), and Bicycles, delivery tricycles, other cycles ($410k). Over the past 5 years the exports of Chinese Taipei to Belize have increased at an annualized rate of 2.78%,  from $8.31M in 2017 to $9.53M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $4.59M to Chinese Taipei. The main products exported from Belize to Chinese Taipei were Crustaceans ($4.32M), Other Processed Fruits and Nuts ($162k), and Air Pumps ($43k). During the last 5 years the exports of Belize to Chinese Taipei have increased at an annualized rate of 17.8%, from $2.02M in 2017 to $4.59M in 2022.

In 2017, Chinese Taipei exported $9.53M to Belize. The main products exported from Chinese Taipei to Belize were Air Pumps ($2.9M), Fishing Ships ($2.33M), and Bicycles, delivery tricycles, other cycles ($410k). During the last 5 years the exports of Chinese Taipei to Belize have increased at an annualized rate of 2.78%, from $8.31M in 2022 to $9.53M in 2017.

Exports from Belize (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Belize (Flag) (2022)

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Chinese Taipei
Top Destination
China$121B

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

In 2022, countries that imported more from Belize than Chinese Taipei included Saint Lucia ($1.75M), Antigua and Barbuda ($1.39M), and Grenada ($950k).

In 2022, countries that imported more from Chinese Taipei than Belize included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Chinese Taipei

Flow
Scale

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

During 2022, Belize had a large net trade with Chinese Taipei in the exports of Animal Products ($4.32M), Foodstuffs ($195k), and Machines ($63.3k).

During 2017, Chinese Taipei had a large net trade with Belize in the exports of Machines ($4.69M), Transportation ($3.11M), and Plastics and Rubbers ($534k).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Chinese Taipei (Flag) (2022)

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