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Pricing

2022
Flag → Flag
Exports $19.8MRnk 160 / 224
2022
Flag → Flag
Top Product $1.86MRecreational Boats
2022
Flag → Flag
Exports $64.3MRnk 2 / 128
2022
Flag → Flag
Top Product $28.1MBananas
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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 $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

United Kingdom-Belize Trade: In 2022, United Kingdom exported $19.8M to Belize. The main products that United Kingdom exported to Belize were Recreational Boats ($1.86M), Tractors ($1.85M), and Wood Stakes ($1.16M). Over the past 5 years the exports of United Kingdom to Belize have decreased at an annualized rate of 3.19%, from $23.2M in 2017 to $19.8M in 2022.

In 2022, United Kingdom did not export any services to Belize.

Belize-United Kingdom Trade: In 2022, Belize exported $64.3M to United Kingdom. The main products that Belize exported to United Kingdom were Bananas ($28.1M), Raw Sugar ($25.4M), and Wood Carpentry ($3.72M). Over the past 5 years the exports of Belize to United Kingdom have decreased at an annualized rate of 6.77%,  from $91.3M in 2017 to $64.3M in 2022.

In 2022, Belize did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). 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, United Kingdom exported £601k and imported £7.8M from Belize, resulting in a negative trade balance of £7.2M. Between August 2023 and August 2024 the exports of United Kingdom have increased by £135k (29%) from £466k to £601k, while imports decreased by £-7.63M (-49.4%) from £15.4M to £7.8M.

Trade In August 2024, the top exports of United Kingdom to Belize were Tractors (£198k), Paper Labels (£102k), Centrifuges (£94.1k), Plastic Lids (£92.2k), and Wood Stakes (£56.6k). In August 2024 the top imports of United Kingdom from Belize were Bananas (£1.52M), Metalworking Machine Parts (£9.64k), Commodities not elsewhere specified (£5.65k), and Other Animals (£1.77k).

Origins In August 2024 the exports of United Kingdom were mainly from London Gateway (£226k), London Heathrow Airport (£214k), Southampton (£143k), East Midlands Airport (£13k), and Manchester Airport (£2.91k), while imports destinations were mainly London Heathrow Airport (£3.55M), Southampton (£2.97M), and London Gateway (£1.28M).

Growth In August 2024, the increase in United Kingdom's year-by-year exports to Belize was explained primarily by an increase in product exports in Plastic Lids (£66.2k or 254%), Packaged Medicaments (£21.6k or 576%), and Motor vehicles; parts and accessories (8701... (£9.91k or 338%). In August 2024, the decrease in United Kingdom's year-by-year imports  from Belize was explained primarily by an decrease in product imports  in Bananas (£-278k or -15.5%), Other Animals (£-8.38k or -82.6%), and Commodities not elsewhere specified (£-4.3k or -43.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£135k(29%)
IMPORT GROWTH (August 2023 - August 2024)£-7.63M(-49.4%)
MAIN EXPORTER (August 2024)London Gateway£226k

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

To check Belize and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Belize and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $19.8M to Belize. The main products exported from United Kingdom to Belize were Recreational Boats ($1.86M), Tractors ($1.85M), and Wood Stakes ($1.16M). During the last 5 years the exports of United Kingdom to Belize have decreased at an annualized rate of 3.19%, from $23.2M in 2017 to $19.8M in 2022.

In 2017, Belize exported $64.3M to United Kingdom. The main products exported from Belize to United Kingdom were Bananas ($28.1M), Raw Sugar ($25.4M), and Wood Carpentry ($3.72M). During the last 5 years the exports of Belize to United Kingdom have decreased at an annualized rate of 6.77%, from $91.3M in 2022 to $64.3M in 2017.

Exports from United Kingdom (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Belize
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Belize (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Belize

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Belize in the exports of Transportation ($4.35M), Foodstuffs ($2.33M), and Machines ($2.26M).

During 2017, Belize had a large net trade with United Kingdom in the exports of Foodstuffs ($28.9M), Vegetable Products ($28.4M), and Wood Products ($3.72M).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Belize (Flag) (2022)

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