2022
Flag  
GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Peru-Belize Trade: In 2022, Peru exported $1.04M to Belize. The main products that Peru exported to Belize were Phosphinates (hypophosphites) and phosphonates (phosphites) ($305k), Barbed Wire ($239k), and Tea ($128k). Over the past 5 years the exports of Peru to Belize have increased at an annualized rate of 13.5%, from $555k in 2017 to $1.04M in 2022.

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

Belize-Peru Trade: In 2022, Belize exported $321k to Peru. The main products that Belize exported to Peru were Office Machine Parts ($125k), Non-fillet Frozen Fish ($56.5k), and Dried Legumes ($55.3k). Over the past 5 years the exports of Belize to Peru have increased at an annualized rate of 44.9%,  from $50.2k in 2017 to $321k in 2022.

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

Comparison In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6),  and 54 in total exports ($59.4B). 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, Peru exported $1.04M to Belize. The main products exported from Peru to Belize were Phosphinates (hypophosphites) and phosphonates (phosphites) ($305k), Barbed Wire ($239k), and Tea ($128k). During the last 5 years the exports of Peru to Belize have increased at an annualized rate of 13.5%, from $555k in 2017 to $1.04M in 2022.

In 2017, Belize exported $321k to Peru. The main products exported from Belize to Peru were Office Machine Parts ($125k), Non-fillet Frozen Fish ($56.5k), and Dried Legumes ($55.3k). During the last 5 years the exports of Belize to Peru have increased at an annualized rate of 44.9%, from $50.2k in 2022 to $321k in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Belize (Flag)

Peru Exports

Belize Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Belize
Top Destination
United States$86.5M

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

In 2022, countries that imported more from Peru than Belize included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Belize than Peru included Hungary ($18.3M), Dominica ($1.29M), and Barbados ($3.37M).

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

Comparative Advantage Peru - Belize

Flow
Scale

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

During 2022, Peru had a large net trade with Belize in the exports of Chemical Products ($330k), Metals ($248k), and Vegetable Products ($128k).

During 2017, Belize had a large net trade with Peru in the exports of Machines ($149k), Vegetable Products ($58.8k), and Animal Products ($56.5k).

Economic Complexity

Competitive Landscape

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

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

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