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Pricing

2022
Flag → Flag
Exports $10MRnk 177 / 223
2022
Flag → Flag
Top Product $2.23MCars
2022
Flag → Flag
Exports $4.65MRnk 14 / 128
2022
Flag → Flag
Top Product $1.76MRaw Sugar
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 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 $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

Germany-Belize Trade: In 2022, Germany exported $10M to Belize. The main products that Germany exported to Belize were Cars ($2.23M), Other Frozen Vegetables ($1.01M), and Pesticides ($615k). Over the past 5 years the exports of Germany to Belize have increased at an annualized rate of 8.13%, from $6.77M in 2017 to $10M in 2022.

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

Belize-Germany Trade: In 2022, Belize exported $4.65M to Germany. The main products that Belize exported to Germany were Raw Sugar ($1.76M), Essential Oils ($1.17M), and Integrated Circuits ($833k). Over the past 5 years the exports of Belize to Germany have decreased at an annualized rate of 6.72%,  from $6.59M in 2017 to $4.65M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €472k and imported €461k from Belize, resulting in a positive trade balance of €11k. Between August 2023 and August 2024 the exports of Germany have decreased by €-15.4M (-97%) from €15.8M to €472k, while imports increased by €27k (6.22%) from €434k to €461k.

Trade In August 2024, the top exports of Germany to Belize were Other machinery (€113k), Pharmaceutical products (€52k), Measuring and automatical control instruments (€45k), Other chemical final products (€21k), and Engines (excl. for tractor,aircraft, road vehicle) (€4k). In August 2024 the top imports of Germany from Belize were Articles of plastic (€58k), Other food of vegetable origin (€42k), Other electric machinery, apparatus and appliances (€10k), Machinery for electricity production, distribution (€8k), and Spirits (€3k).

Origins In August 2024 the exports of Germany were mainly from North Rhine-Westphalia (€219k), Lower Saxony (€64k), Rhineland-Pfalz (€48k), Baden-Württemberg (€37k), and Saxony-Anhalt (€23k), while imports destinations were mainly Hamburg (€313k), Bavaria (€131k), Berlin (€9k), Hesse (€5k), and Baden-Württemberg (€3k).

Growth In August 2024, the decrease in Germany's year-by-year exports to Belize was explained primarily by an decrease in product exports in Other articles of iron, iron sheet,... (€-19k or -100%) and Articles of plastic (€-3k or -100%). In August 2024, the increase in Germany's year-by-year imports  from Belize was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-15.4M(-97%)
IMPORT GROWTH (August 2023 - August 2024)€27k(6.22%)
MAIN EXPORTER (August 2024)North Rhine-Westphalia€219k

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

To check Belize and Germany 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 2022, Germany exported $10M to Belize. The main products exported from Germany to Belize were Cars ($2.23M), Other Frozen Vegetables ($1.01M), and Pesticides ($615k). During the last 5 years the exports of Germany to Belize have increased at an annualized rate of 8.13%, from $6.77M in 2017 to $10M in 2022.

In 2017, Belize exported $4.65M to Germany. The main products exported from Belize to Germany were Raw Sugar ($1.76M), Essential Oils ($1.17M), and Integrated Circuits ($833k). During the last 5 years the exports of Belize to Germany have decreased at an annualized rate of 6.72%, from $6.59M in 2022 to $4.65M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Belize
Top DestinationUnited States$86.5M

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 2022, countries that imported more from Germany than Belize included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Belize than Germany included Dominica ($1.29M).

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

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 2022, Germany had a large net trade with Belize in the exports of Transportation ($2.34M), Chemical Products ($2.28M), and Machines ($1.94M).

During 2017, Belize had a large net trade with Germany in the exports of Foodstuffs ($2M), Chemical Products ($1.52M), and Machines ($896k).

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) (2022)

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