2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 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
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Belize-United States Trade: In 2022, Belize exported $86.5M to United States. The main products that Belize exported to United States were Refined Petroleum ($19.3M), Raw Sugar ($9.94M), and Crustaceans ($9.06M). Over the past 5 years the exports of Belize to United States have decreased at an annualized rate of 0.62%, from $89.3M in 2017 to $86.5M in 2022.

In 2022, Belize did not export any services to United States.

United States-Belize Trade: In 2022, United States exported $560M to Belize. The main products that United States exported to Belize were Refined Petroleum ($173M), Cars ($20M), and Wheat ($17.8M). Over the past 5 years the exports of United States to Belize have increased at an annualized rate of 11.9%,  from $318M in 2017 to $560M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $86.5M to United States. The main products exported from Belize to United States were Refined Petroleum ($19.3M), Raw Sugar ($9.94M), and Crustaceans ($9.06M). During the last 5 years the exports of Belize to United States have decreased at an annualized rate of 0.62%, from $89.3M in 2017 to $86.5M in 2022.

In 2017, United States exported $560M to Belize. The main products exported from United States to Belize were Refined Petroleum ($173M), Cars ($20M), and Wheat ($17.8M). During the last 5 years the exports of United States to Belize have increased at an annualized rate of 11.9%, from $318M in 2022 to $560M in 2017.

Exports from Belize (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Belize (Flag) (2022)

Latest Data

Trade between Belize (Flag) and United States (Flag)

Belize Exports

United States Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
United States
Top Destination
Canada$308B

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

In 2022, no countries were registered that imported more from Belize than from United States.

In 2022, countries that imported more from United States than Belize included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - United States

Flow
Scale

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

During 2022, Belize had a large net trade with United States in the exports of Foodstuffs ($23.3M), Mineral Products ($19.3M), and Animal Products ($18.5M).

During 2017, United States had a large net trade with Belize in the exports of Mineral Products ($184M), Machines ($76.5M), and Foodstuffs ($66.9M).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and United States (Flag) (2022)

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