Mexico (MEX) and Belize (BLZ) Trade | OEC - The Observatory of Economic Complexity

About

Mexico-Belize In 2020, Mexico exported $133M to Belize. The main products that Mexico exported to Belize are Narrow Woven Fabric ($16M), Beer ($9.06M), and Cement ($7.18M). During the last 25 years the exports of Mexico to Belize have increased at an annualized rate of 6.06%, from $30.6M in 1995 to $133M in 2020.

In 2020, Mexico did not export any services to Belize.

Belize-Mexico In 2020, Belize exported $12.7M to Mexico. The main products that Belize exported to Mexico were Beer ($10.8M), Soybean Oil ($753k), and Scrap Iron ($415k). During the last 25 years the exports of Belize to Mexico have increased at an annualized rate of 3.51%, from $5.36M in 1995 to $12.7M in 2020.

In 2020, Belize did not export any services to Mexico.

Comparison In 2020, Mexico ranked 21 in the Economic Complexity Index (ECI 1.15), and 9 in total exports ($427B). That same year, Belize ranked 170 in total exports ($384M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2020, Mexico exported $133M to Belize. The main products exported from Mexico to Belize were Narrow Woven Fabric ($16M), Beer ($9.06M), and Cement ($7.18M). During the last 25 years the exports of Mexico to Belize have increased at an annualized rate of 6.06%, from $30.6M in 1995 to $133M in 2020.

In 2020, Belize exported $12.7M to Mexico. The main products exported from Belize to Mexico were Beer ($10.8M), Soybean Oil ($753k), and Scrap Iron ($415k). During the last 25 years the exports of Belize to Mexico have increased at an annualized rate of 3.51%, from $5.36M in 1995 to $12.7M in 2020.

Latest Data

Mexico Exports

Date

Belize Exports

Date

Market Competitiveness

Measure

SectionYear

Mexico
Top Destination: United States, $326B

Belize
Top Destination: Seychelles, $100M

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

In 2019, countries that imported more from Mexico than Belize were United States ($326B), Canada ($16.1B), and China ($8.82B).

In 2019, countries that imported more from Belize than Mexico were Seychelles ($100M), Saint Lucia ($2.02M), and Antigua and Barbuda ($169k).

Comparative Advantage Mexico - Belize

Flow

Year

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

During 2020, Mexico had a large net trade with Belize in the exports of Foodstuffs ($24.6M), Textiles ($22.7M), and Chemical Products ($14.7M).

During 2020, Belize had a large net trade with Mexico in the exports of Foodstuffs ($10.8M), Animal and Vegetable Bi-Products ($753k), and Metals ($415k).

Economic Complexity

Competitive Landscape

Year

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 Mexico has comparative advantage over Belize. Similarly, the more yellow a dot/product is, the more Belize has comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Latest Data

Mexico Exports

Belize Exports

Market Competitiveness

Comparative Advantage Mexico - Belize

Economic Complexity

Competitive Landscape

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