2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 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 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 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

Germany-Belize Trade: In 2023, Germany exported $23.7M to Belize. The main products that Germany exported to Belize were Planes, Helicopters, and/or Spacecraft ($16.8M), Other Frozen Vegetables ($879k), and Pesticides ($652k). Over the past 5 years the exports of Germany to Belize have increased at an annualized rate of 31.6%, from $6.01M in 2018 to $23.7M in 2023.

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

Belize-Germany Trade: In 2023, Belize exported $4.13M to Germany. The main products that Belize exported to Germany were Raw Sugar ($1.54M), Other Plastic Products ($1.1M), and Low-voltage Protection Equipment ($917k). Over the past 5 years the exports of Belize to Germany have decreased at an annualized rate of 6.37%,  from $5.73M in 2018 to $4.13M in 2023.

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

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). 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, Germany exported $23.7M to Belize. The main products exported from Germany to Belize were Planes, Helicopters, and/or Spacecraft ($16.8M), Other Frozen Vegetables ($879k), and Pesticides ($652k). During the last 5 years the exports of Germany to Belize have increased at an annualized rate of 31.6%, from $6.01M in 2018 to $23.7M in 2023.

In 2018, Belize exported $4.13M to Germany. The main products exported from Belize to Germany were Raw Sugar ($1.54M), Other Plastic Products ($1.1M), and Low-voltage Protection Equipment ($917k). During the last 5 years the exports of Belize to Germany have decreased at an annualized rate of 6.37%, from $5.73M in 2023 to $4.13M in 2018.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Belize
Top Destination
United States$86.2M

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

In 2023, countries that imported more from Germany than Belize included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Belize than Germany included Dominica ($1.66M) and Anguilla ($169k).

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

Comparative Advantage Germany - Belize

Flow
Scale

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

During 2023, Germany had a large net trade with Belize in the exports of Transportation ($16.8M), Machines ($2.48M), and Chemical Products ($1.42M).

During 2018, Belize had a large net trade with Germany in the exports of Foodstuffs ($1.84M), Plastics and Rubbers ($1.1M), and Machines ($948k).

Economic Complexity

Competitive Landscape

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

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

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