2023
Flag  
GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
 GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC 
$48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC
$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195

About

New Zealand-Belize Trade: In 2023, New Zealand exported $658k to Belize. The main products that New Zealand exported to Belize were Butter ($614k), Gas and Liquid Flow Measuring Instruments ($19.7k), and Chemical Analysis Instruments ($16.5k). Over the past 5 years the exports of New Zealand to Belize have increased at an annualized rate of 5.04%, from $514k in 2018 to $658k in 2023.

In 2023, New Zealand did not export any services to Belize.

Belize-New Zealand Trade: In 2023, Belize exported $348k to New Zealand. The main products that Belize exported to New Zealand were Crustaceans ($312k), Raw Sugar ($19.7k), and Low-voltage Protection Equipment ($8.67k). Over the past 5 years the exports of Belize to New Zealand have decreased at an annualized rate of 15.3%,  from $799k in 2018 to $348k in 2023.

In 2023, Belize did not export any services to New Zealand.

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Zealand exported $658k to Belize. The main products exported from New Zealand to Belize were Butter ($614k), Gas and Liquid Flow Measuring Instruments ($19.7k), and Chemical Analysis Instruments ($16.5k). During the last 5 years the exports of New Zealand to Belize have increased at an annualized rate of 5.04%, from $514k in 2018 to $658k in 2023.

In 2018, Belize exported $348k to New Zealand. The main products exported from Belize to New Zealand were Crustaceans ($312k), Raw Sugar ($19.7k), and Low-voltage Protection Equipment ($8.67k). During the last 5 years the exports of Belize to New Zealand have decreased at an annualized rate of 15.3%, from $799k in 2023 to $348k in 2018.

Exports from New Zealand (Flag) to Belize (Flag) (2023)

Exports from Belize (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Belize (Flag)

New Zealand Exports

Belize Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$12.3B
Belize
Top Destination
United States$86.2M

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

In 2023, countries that imported more from New Zealand than Belize included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

In 2023, countries that imported more from Belize than New Zealand included Honduras ($14.3M), Hungary ($10.4M), and Suriname ($1.7M).

Difference in imports from Belize (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Belize

Flow
Scale

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

During 2023, New Zealand had a large net trade with Belize in the exports of Animal Products ($614k), Instruments ($37.9k), and Transportation ($4.71k).

During 2018, Belize had a large net trade with New Zealand in the exports of Animal Products ($312k), Foodstuffs ($21.2k), and Machines ($9.1k).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Belize (Flag) (2023)

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