Spain / Belize 
Exports → (2018): $4.23M, Rnk 173 / 209
Top Product → (2018): $1.77M, Fishing Ships
Exports → (2018): $26.6M, Rnk 3 / 104
Top Product → (2018): $18.6M, Non-fillet Frozen Fish
Economic Complexity of (2018): ECI 0.85, Rnk 33 / 137
Spain-Belize: In 2018, Spain exported $4.23M to Belize. The main products exported from Spain to Belize were Fishing Ships ($1.77M), Navigation Equipment ($441k), and Packaged Medicaments ($174k). During the last 23 years the exports of Spain to Belize have increased at an annualized rate of 1.7%, from $2.87M in 1995 to $4.23M in 2018.
Belize-Spain: In 2018, Belize exported $26.6M to Spain. The main products exported from Belize to Spain were Non-fillet Frozen Fish ($18.6M), Raw Sugar ($2.69M), and Bananas ($2.13M). During the last 23 years the exports of Belize to Spain have increased at an annualized rate of 4.45%, from $9.76M in 1995 to $26.6M in 2018.
Comparison: In 2018, Spain ranked 33 in the Economic Complexity Index (ECI 0.85), and 15 in total exports ($330B). That same year, Belize ranked 166 in total exports ($354M), and does not have data regarding Economic Complexity Index. N/A
In 2018, Spain exported $4.23M to Belize. The main products exported from Spain to Belize were Fishing Ships ($1.77M), Navigation Equipment ($441k), and Packaged Medicaments ($174k). During the last 23 years the exports of Spain to Belize have increased at an annualized rate of 1.7%, from $2.87M in 1995 to $4.23M in 2018.
In 2018, Belize exported $26.6M to Spain. The main products exported from Belize to Spain were Non-fillet Frozen Fish ($18.6M), Raw Sugar ($2.69M), and Bananas ($2.13M). During the last 23 years the exports of Belize to Spain have increased at an annualized rate of 4.45%, from $9.76M in 1995 to $26.6M in 2018.
Spain Top Destination: France, $48.6B
Belize Top Destination: United Kingdom, $98.6M
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 2018, countries that imported more from Spain than Belize were France ($48.6B), Germany ($36.3B), and Portugal ($27.2B).
In 2018, countries that imported more from Belize than Spain were Barbados ($10.9M).
This chart compares trade between Spain and Belize by product, considering products traded by both, Spain and Belize.
During 2018, Spain had a large net trade with Belize in the exports of Transportation ($1.77M), Machines ($1.01M), and Chemical Products ($429k).
During 2018, Belize had a large net trade with Spain in the exports of Animal Products ($20.8M), Foodstuffs ($3.13M), and Vegetable Products ($2.23M).
This sections shows import tariffs for products traded between Spain and Belize (using the HS6 product classification and the last year reported).
In 2017, the products from Spain that paid the highest import tariffs to enter Belize were Grape wines, alcoholic grape must nes (15.2%) and Wine; still, in containers holding more than 2 litres but not more than 10 litres (5.08%).
In 2018, the products from Belize that paid the highest import tariffs to enter Spain were Mineral and aerated waters not sweetened or flavoured (100%) and Ice, snow and potable water not sweetened or flavoure (100%).
*The tariffs present between Spain and Belize are:
This section shows a forecast for total trade between Spain and Belize. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.
To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.
This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more Spain has comparative advantage over Belize. Similarly, the more red a dot/product is, the more Belize has comparative advantage over Spain.
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