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Pricing

2022
Flag → Flag
Exports $2.69MRnk 182 / 218
2022
Flag → Flag
Top Product $507kOther Heating Machinery
2022
Flag → Flag
Exports $28.7MRnk 4 / 128
2022
Flag → Flag
Top Product $16.2MRaw Sugar
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
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GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

Spain-Belize In 2022, Spain exported $2.69M to Belize. The main products that Spain exported to Belize are Other Heating Machinery ($507k), Unglazed Ceramics ($399k), and Chemical Analysis Instruments ($180k). During the last 27 years the exports of Spain to Belize have decreased at an annualized rate of 0.25%, from $2.87M in 1995 to $2.69M in 2022.

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

Belize-Spain In 2022, Belize exported $28.7M to Spain. The main products that Belize exported to Spain were Raw Sugar ($16.2M), Non-fillet Frozen Fish ($8.51M), and Crustaceans ($1.33M). During the last 27 years the exports of Belize to Spain have increased at an annualized rate of 4.11%, from $9.66M in 1995 to $28.7M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €463k and imported €1.99M from Belize, resulting in a negative trade balance of €1.52M. Between January 2023 and January 2024 the exports of Spain have increased by €234k (102%) from €230k to €463k, while imports decreased by €-654k (-24.8%) from €2.64M to €1.99M.

Trade In January 2024, the top exports of Spain to Belize were Pulley Systems (€224k), Metalworking Machine Parts (€2.7k), Laboratory Reagents (€1.43k), Valves (€709), and Bi-Wheel Vehicle Parts (€383). In January 2024 the top imports of Spain from Belize were Non-fillet Frozen Fish (€2.04M), Raw Sugar (€437k), Bananas (€97.5k), Mate (€46.9k), and Engine Parts (€11k).

Origins In January 2024 the exports of Spain were mainly from Valencia (€357k), Alicante (€44.3k), Madrid (€29.1k), Barcelona (€15.7k), and A Coruña (€10.7k), while imports destinations were mainly A Coruña (€1.3M), Valencia (€559k), Barcelona (€98.3k), Baleares (€14.4k), and Pontevedra (€8.8k).

Growth In January 2024, the increase in Spain's year-by-year exports to Belize was explained primarily by an increase in product exports in Laboratory Reagents (€653 or 84.6%). In January 2024, the decrease in Spain's year-by-year imports  from Belize was explained primarily by an decrease in product imports  in Bananas (€-9.12k or -8.56%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€234k(102%)
IMPORT GROWTH (January 2023 - January 2024)€-654k(-24.8%)
MAIN EXPORTER (January 2024)Valencia€357k

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

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

For full datasets download visit Bulk Download page.

Explore Belize and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $2.69M to Belize. The main products exported from Spain to Belize were Other Heating Machinery ($507k), Unglazed Ceramics ($399k), and Chemical Analysis Instruments ($180k). During the last 27 years the exports of Spain to Belize have decreased at an annualized rate of 0.25%, from $2.87M in 1995 to $2.69M in 2022.

In 2022, Belize exported $28.7M to Spain. The main products exported from Belize to Spain were Raw Sugar ($16.2M), Non-fillet Frozen Fish ($8.51M), and Crustaceans ($1.33M). During the last 27 years the exports of Belize to Spain have increased at an annualized rate of 4.11%, from $9.66M in 1995 to $28.7M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Belize
Top DestinationUnited States$86.5M

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

In 2021, countries that imported more from Spain than Belize were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Belize than Spain were Saint Kitts and Nevis ($805k) and Dominica ($1.29M).

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

Comparative Advantage Spain - Belize

Flow
Scale

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

During 2022, Spain had a large net trade with Belize in the exports of Machines ($942k), Stone And Glass ($408k), and Metals ($396k).

During 2022, Belize had a large net trade with Spain in the exports of Foodstuffs ($16.3M), Animal Products ($10M), and Vegetable Products ($1.56M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Belize. Similarly, the more yellow a dot/product is, the more Belize has comparative advantage over Spain.

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

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