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2022
Flag → Flag
Exports $2.83MRnk 172 / 219
2022
Flag → Flag
Top Product $713kPackaged Medicaments
2022
Flag → Flag
Exports $834kRnk 39 / 128
2022
Flag → Flag
Top Product $367kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag  
GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC $92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

Switzerland-Belize Trade: In 2022, Switzerland exported $2.83M to Belize. The main products that Switzerland exported to Belize were Packaged Medicaments ($713k), Base Metal Watches ($592k), and Tractors ($365k). Over the past 5 years the exports of Switzerland to Belize have decreased at an annualized rate of 21.2%, from $9.32M in 2017 to $2.83M in 2022.

In 2022, Switzerland did not export any services to Belize.

Belize-Switzerland Trade: In 2022, Belize exported $834k to Switzerland. The main products that Belize exported to Switzerland were Packaged Medicaments ($367k), Base Metal Watches ($103k), and Precious Metal Watches ($66.4k). Over the past 5 years the exports of Belize to Switzerland have decreased at an annualized rate of 27.9%,  from $4.29M in 2017 to $834k in 2022.

In 2022, Belize did not export any services to Switzerland.

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 in total exports ($402B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $2.83M to Belize. The main products exported from Switzerland to Belize were Packaged Medicaments ($713k), Base Metal Watches ($592k), and Tractors ($365k). During the last 5 years the exports of Switzerland to Belize have decreased at an annualized rate of 21.2%, from $9.32M in 2017 to $2.83M in 2022.

In 2017, Belize exported $834k to Switzerland. The main products exported from Belize to Switzerland were Packaged Medicaments ($367k), Base Metal Watches ($103k), and Precious Metal Watches ($66.4k). During the last 5 years the exports of Belize to Switzerland have decreased at an annualized rate of 27.9%, from $4.29M in 2022 to $834k in 2017.

Exports from Switzerland (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and Belize (Flag)

Switzerland Exports

Belize Exports

Market Competitiveness

Color
Switzerland
Top DestinationUnited States$61.7B
Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Switzerland than Belize included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Belize than Switzerland included Dominica ($1.29M) and Saint Lucia ($1.75M).

Difference in imports from Belize (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Belize

Flow
Scale

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

During 2022, Switzerland had a large net trade with Belize in the exports of Chemical Products ($908k), Instruments ($660k), and Transportation ($482k).

During 2017, Belize had a large net trade with Switzerland in the exports of Chemical Products ($367k), Instruments ($173k), and Footwear and Headwear ($133k).

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and Belize (Flag) (2022)

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