2022
Flag  
GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$2.82BCURRENT US$
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2012-2022
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GDP GROWTH
48.4%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$6,968CURRENT US$
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2012-2022
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GDP PC GROWTH
23.4%CURRENT US$
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About

Japan-Belize Trade: In 2022, Japan exported $19.6M to Belize. The main products that Japan exported to Belize were Passenger and Cargo Ships ($7.86M), Fishing Ships ($2.05M), and Tug Boats ($1.94M). Over the past 5 years the exports of Japan to Belize have increased at an annualized rate of 10.6%, from $11.8M in 2017 to $19.6M in 2022.

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

Belize-Japan Trade: In 2022, Belize exported $2.1M to Japan. The main products that Belize exported to Japan were Sauces and Seasonings ($921k), Non-fillet Frozen Fish ($484k), and Pearl Products ($169k). Over the past 5 years the exports of Belize to Japan have decreased at an annualized rate of 12.7%,  from $5.43M in 2017 to $2.1M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $19.6M to Belize. The main products exported from Japan to Belize were Passenger and Cargo Ships ($7.86M), Fishing Ships ($2.05M), and Tug Boats ($1.94M). During the last 5 years the exports of Japan to Belize have increased at an annualized rate of 10.6%, from $11.8M in 2017 to $19.6M in 2022.

In 2017, Belize exported $2.1M to Japan. The main products exported from Belize to Japan were Sauces and Seasonings ($921k), Non-fillet Frozen Fish ($484k), and Pearl Products ($169k). During the last 5 years the exports of Belize to Japan have decreased at an annualized rate of 12.7%, from $5.43M in 2022 to $2.1M in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Belize
Top Destination
United States$86.5M

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

In 2022, countries that imported more from Japan than Belize included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Belize than Japan included Saint Martin ($47.4k).

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

Comparative Advantage Japan - Belize

Flow
Scale

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

During 2022, Japan had a large net trade with Belize in the exports of Transportation ($15.2M), Machines ($2.83M), and Chemical Products ($904k).

During 2017, Belize had a large net trade with Japan in the exports of Foodstuffs ($1.13M), Animal Products ($597k), and Precious Metals ($309k).

Economic Complexity

Competitive Landscape

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

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

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