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Pricing

2023
Flag → Flag
Exports $17.2MRnk 162 / 223
2023
Flag → Flag
Top Product $2.85MRecreational Boats
2023
Flag → Flag
Exports $55.9MRnk 2 / 127
2023
Flag → Flag
Top Product $29.3MBananas
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

United Kingdom-Belize Trade: In 2023, United Kingdom exported $17.2M to Belize. The main products that United Kingdom exported to Belize were Recreational Boats ($2.85M), Paper Labels ($1.15M), and Hard Liquor ($918k). Over the past 5 years the exports of United Kingdom to Belize have increased at an annualized rate of 5.75%, from $13M in 2018 to $17.2M in 2023.

In 2023, United Kingdom did not export any services to Belize.

Belize-United Kingdom Trade: In 2023, Belize exported $55.9M to United Kingdom. The main products that Belize exported to United Kingdom were Bananas ($29.3M), Raw Sugar ($22.4M), and Wood Carpentry ($1.22M). Over the past 5 years the exports of Belize to United Kingdom have decreased at an annualized rate of 11.6%,  from $117M in 2018 to $55.9M in 2023.

In 2023, Belize did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £698k and imported £2.69M from Belize, resulting in a negative trade balance of £1.99M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-261k (-27.2%) from £960k to £698k, while imports decreased by £-504k (-15.8%) from £3.19M to £2.69M.

Trade In November 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 November 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 November 2024 the exports of United Kingdom were mainly from London Gateway (£388k), London Heathrow Airport (£123k), Southampton (£71.5k), Grangemouth (£62.1k), and East Midlands Airport (£45.2k), while imports destinations were mainly Southampton (£2.2M) and London Gateway (£481k).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Belize was explained primarily by an decrease in product exports in Tractors (£-22.7k or -10.3%) and Hand Saws (£-7.24k or -88.8%). In November 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 (November 2023 - November 2024)£-261k(-27.2%)
IMPORT GROWTH (November 2023 - November 2024)£-504k(-15.8%)
MAIN EXPORTER (November 2024)London Gateway£388k

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 2023, United Kingdom exported $17.2M to Belize. The main products exported from United Kingdom to Belize were Recreational Boats ($2.85M), Paper Labels ($1.15M), and Hard Liquor ($918k). During the last 5 years the exports of United Kingdom to Belize have increased at an annualized rate of 5.75%, from $13M in 2018 to $17.2M in 2023.

In 2018, Belize exported $55.9M to United Kingdom. The main products exported from Belize to United Kingdom were Bananas ($29.3M), Raw Sugar ($22.4M), and Wood Carpentry ($1.22M). During the last 5 years the exports of Belize to United Kingdom have decreased at an annualized rate of 11.6%, from $117M in 2023 to $55.9M in 2018.

Exports from United Kingdom (Flag) to Belize (Flag) (2023)

Exports from Belize (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Belize
Top DestinationUnited States$86.2M

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.

In 2023, countries that imported more from United Kingdom than Belize included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Belize than from United Kingdom.

Difference in imports from Belize (Flag) and United Kingdom (Flag) (2023)

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 2023, United Kingdom had a large net trade with Belize in the exports of Transportation ($4.6M), Foodstuffs ($2.67M), and Paper Goods ($2.55M).

During 2018, Belize had a large net trade with United Kingdom in the exports of Vegetable Products ($29.8M), Foodstuffs ($22.6M), and Wood Products ($1.26M).

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) (2023)

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