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2023
Flag → Flag
Exports $19.3MRnk 149 / 221
2023
Flag → Flag
Top Product $2.15MFruit Juice
2023
Flag → Flag
Exports $489kRnk 46 / 127
2023
Flag → Flag
Top Product $243kParty Decorations
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

Brazil-Belize Trade: In 2023, Brazil exported $19.3M to Belize. The main products that Brazil exported to Belize were Fruit Juice ($2.15M), Hot-Rolled Iron Bars ($1.92M), and Refined Petroleum ($1.85M). Over the past 5 years the exports of Brazil to Belize have increased at an annualized rate of 18.4%, from $8.31M in 2018 to $19.3M in 2023.

In 2023, Brazil did not export any services to Belize.

Belize-Brazil Trade: In 2023, Belize exported $489k to Brazil. The main products that Belize exported to Brazil were Party Decorations ($243k), Zippers ($82.1k), and Non-woven Textiles ($65.6k). Over the past 5 years the exports of Belize to Brazil have decreased at an annualized rate of 16.8%,  from $1.23M in 2018 to $489k in 2023.

In 2023, Belize did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $596k and imported $15.6k from Belize, resulting in a positive trade balance of $581k. Between December 2023 and December 2024 the exports of Brazil have decreased by $-856k (-58.9%) from $1.45M to $596k, while imports increased by $14.1k (924%) from $1.53k to $15.6k.

Trade In December 2024, the top exports of Brazil to Belize were Plywood ($151k), Large Construction Vehicles ($130k), Tractors ($112k), Other Firearms ($101k), and Ethylene Polymers ($88.3k). In December 2024 the top imports of Brazil from Belize were Zippers ($15.7k), Bi-Wheel Vehicle Parts ($1.12k), Glues ($659), and Iron Fasteners ($142).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($348k), Paraná ($119k), Santa Catarina ($64.3k), Rio Grande do Sul ($55.6k), and Ceará ($9.47k), while imports destinations were mainly São Paulo ($15.6k).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Belize was explained primarily by an decrease in product exports in Refined Petroleum ($-242k or -99.6%), Harvesting Machinery ($-13.4k or -97.3%), and Iron Fasteners ($-488 or -93.8%). In December 2024, the increase in Brazil's year-by-year imports  from Belize was explained primarily by an increase in product imports  in Zippers ($1.55k or 10.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-856k(-58.9%)
IMPORT GROWTH (December 2023 - December 2024)$14.1k(924%)
MAIN EXPORTER (December 2024)São Paulo$348k

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Belize and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $19.3M to Belize. The main products exported from Brazil to Belize were Fruit Juice ($2.15M), Hot-Rolled Iron Bars ($1.92M), and Refined Petroleum ($1.85M). During the last 5 years the exports of Brazil to Belize have increased at an annualized rate of 18.4%, from $8.31M in 2018 to $19.3M in 2023.

In 2018, Belize exported $489k to Brazil. The main products exported from Belize to Brazil were Party Decorations ($243k), Zippers ($82.1k), and Non-woven Textiles ($65.6k). During the last 5 years the exports of Belize to Brazil have decreased at an annualized rate of 16.8%, from $1.23M in 2023 to $489k in 2018.

Exports from Brazil (Flag) to Belize (Flag) (2023)

Exports from Belize (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Belize
Top DestinationUnited States$86.2M

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

In 2023, countries that imported more from Brazil than Belize included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, no countries were registered that imported more from Belize than from Brazil.

Difference in imports from Belize (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Belize

Flow
Scale

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

During 2023, Brazil had a large net trade with Belize in the exports of Metals ($3.26M), Foodstuffs ($3.25M), and Machines ($3.24M).

During 2018, Belize had a large net trade with Brazil in the exports of Miscellaneous ($325k), Textiles ($65.6k), and Foodstuffs ($34.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Belize (Flag) (2023)

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