Bermuda (BMU) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Bermuda-Belize Trade: In 2021, Bermuda exported $116 to Belize. The main products that Bermuda exported to Belize were N/A. Over the past 10 years the exports of Bermuda to Belize have decreased at an annualized rate of 4.35%, from $181 in 2011 to $116 in 2021.

In 2021, Bermuda did not export any services to Belize.

Belize-Bermuda In N/A, Belize did not export any products to Bermuda.

In 2021, Belize did not export any services to Bermuda.

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M). That same year, Belize ranked 175 in total exports ($399M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Bermuda exported $116 to Belize. There were not main exports from Bermuda to Belize in 2021. During the last 10 years the exports of Bermuda to Belize have decreased at an annualized rate of 4.35%, from $181 in 2011 to $116 in 2021.

Belize does not register exports to Bermuda. The main products exported from Belize to Bermuda were Wine ($16) and Beer ($4).

Exports from Bermuda () to Belize () (2022)

Exports from Belize () to Bermuda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Bermuda than Belize included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

In 2022, countries that imported more from Belize than Bermuda included United States ($86.5M), United Kingdom ($64.3M), and Guatemala ($39.2M).

Difference in imports from Belize () and Bermuda () (2022)

Comparative Advantage Bermuda - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Bermuda had a large net trade with Belize in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Belize () (2022)

Exports from Belize () to Bermuda () (2022)

Market Competitiveness

Difference in imports from Belize () and Bermuda () (2022)

Comparative Advantage Bermuda - Belize

Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Belize () (2022)

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