2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 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 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 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

Philippines-Belize Trade: In 2022, Philippines exported $255k to Belize. The main products that Philippines exported to Belize were Rolled Tobacco ($189k), Wadding ($33.3k), and Electrical Transformers ($15.6k). Over the past 5 years the exports of Philippines to Belize have decreased at an annualized rate of 31.4%, from $1.69M in 2017 to $255k in 2022.

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

Belize-Philippines Trade: In 2022, Belize exported $63 to Philippines. The main products that Belize exported to Philippines were Plastic Housewares ($63). Over the past 5 years the exports of Belize to Philippines have decreased at an annualized rate of 84%,  from $599k in 2017 to $63 in 2022.

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

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). 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, Philippines exported $255k to Belize. The main products exported from Philippines to Belize were Rolled Tobacco ($189k), Wadding ($33.3k), and Electrical Transformers ($15.6k). During the last 5 years the exports of Philippines to Belize have decreased at an annualized rate of 31.4%, from $1.69M in 2017 to $255k in 2022.

In 2017, Belize exported $63 to Philippines. The main products exported from Belize to Philippines were Plastic Housewares ($63). During the last 5 years the exports of Belize to Philippines have decreased at an annualized rate of 84%, from $599k in 2022 to $63 in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Belize
Top Destination
United States$86.5M

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

In 2022, countries that imported more from Philippines than Belize included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Belize than Philippines included Guatemala ($39.2M), Honduras ($19.9M), and Jamaica ($14.9M).

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

Comparative Advantage Philippines - Belize

Flow
Scale

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

During 2022, Philippines had a large net trade with Belize in the exports of Foodstuffs ($189k), Textiles ($34.6k), and Machines ($20.2k).

During 2017, Belize had a large net trade with Philippines in the exports of Plastics and Rubbers ($63).

Economic Complexity

Competitive Landscape

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

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

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