2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC
$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195

About

Chile-Belize Trade: In 2023, Chile exported $3.51M to Belize. The main products that Chile exported to Belize were Sulfate Chemical Woodpulp ($1.57M), Malt Extract ($1.09M), and Packaged Medicaments ($355k). Over the past 5 years the exports of Chile to Belize have increased at an annualized rate of 6.21%, from $2.59M in 2018 to $3.51M in 2023.

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

Belize-Chile Trade: In 2023, Belize exported $24.8k to Chile. The main products that Belize exported to Chile were Liquid Pumps ($19.8k), Iron Springs ($3.15k), and Iron Pipe Fittings ($1.45k). Over the past 5 years the exports of Belize to Chile have decreased at an annualized rate of 1.08%,  from $26.2k in 2018 to $24.8k in 2023.

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

Comparison In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2),  and 43 in total exports ($98.9B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $3.51M to Belize. The main products exported from Chile to Belize were Sulfate Chemical Woodpulp ($1.57M), Malt Extract ($1.09M), and Packaged Medicaments ($355k). During the last 5 years the exports of Chile to Belize have increased at an annualized rate of 6.21%, from $2.59M in 2018 to $3.51M in 2023.

In 2018, Belize exported $24.8k to Chile. The main products exported from Belize to Chile were Liquid Pumps ($19.8k), Iron Springs ($3.15k), and Iron Pipe Fittings ($1.45k). During the last 5 years the exports of Belize to Chile have decreased at an annualized rate of 1.08%, from $26.2k in 2023 to $24.8k in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Belize
Top Destination
United States$86.2M

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

In 2023, countries that imported more from Chile than Belize included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Belize than Chile included Barbados ($4.55M), Dominica ($1.66M), and Saint Kitts and Nevis ($889k).

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

Comparative Advantage Chile - Belize

Flow
Scale

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

During 2023, Chile had a large net trade with Belize in the exports of Paper Goods ($1.57M), Foodstuffs ($1.4M), and Chemical Products ($418k).

During 2018, Belize had a large net trade with Chile in the exports of Machines ($19.8k), Metals ($4.74k), and Transportation ($132).

Economic Complexity

Competitive Landscape

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

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

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