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2023
Flag → Flag
Exports $221kRnk 187 / 211
2023
Flag → Flag
Top Product $70.4kAnimal Food
2023
Flag → Flag
Exports $18.5MRnk 5 / 127
2023
Flag → Flag
Top Product $18.1MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

Portugal-Belize Trade: In 2023, Portugal exported $221k to Belize. The main products that Portugal exported to Belize were Animal Food ($70.4k), Boat Propellers ($46.2k), and Mixed Mineral or Chemical Fertilizers ($21.8k). Over the past 5 years the exports of Portugal to Belize have increased at an annualized rate of 36.2%, from $47.2k in 2018 to $221k in 2023.

In 2023, Portugal did not export any services to Belize.

Belize-Portugal Trade: In 2023, Belize exported $18.5M to Portugal. The main products that Belize exported to Portugal were Raw Sugar ($18.1M), Non-fillet Frozen Fish ($478k), and Tool Sets ($534). Over the past 5 years the exports of Belize to Portugal have increased at an annualized rate of 30.3%,  from $3.79M in 2018 to $18.5M in 2023.

In 2023, Belize did not export any services to Portugal.

Comparison In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 46 in total exports ($83B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €0 and imported €125k from Belize, resulting in a negative trade balance of €125k. Between November 2023 and November 2024 the exports of Portugal have decreased by €-2.46k (-100%) from €2.46k to €0, while imports increased by €125k (N/A%) from €0 to €125k.

Trade In November 2024, the top exports of Portugal to Belize were Ceramic products (€19.9k), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0). In November 2024 the top imports of Portugal from Belize were Sugars & confectioneries (€322k), Fish, Crustaceans & Molluscs (€26.6k), Live animals (€0), Meat & edible offal (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Belize was explained primarily by an decrease in product exports in . In November 2024, the increase in Portugal's year-by-year imports  from Belize was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-2.46k(-100%)
IMPORT GROWTH (November 2023 - November 2024)€125k(N/A%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Belize and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Belize and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $221k to Belize. The main products exported from Portugal to Belize were Animal Food ($70.4k), Boat Propellers ($46.2k), and Mixed Mineral or Chemical Fertilizers ($21.8k). During the last 5 years the exports of Portugal to Belize have increased at an annualized rate of 36.2%, from $47.2k in 2018 to $221k in 2023.

In 2018, Belize exported $18.5M to Portugal. The main products exported from Belize to Portugal were Raw Sugar ($18.1M), Non-fillet Frozen Fish ($478k), and Tool Sets ($534). During the last 5 years the exports of Belize to Portugal have increased at an annualized rate of 30.3%, from $3.79M in 2023 to $18.5M in 2018.

Exports from Portugal (Flag) to Belize (Flag) (2023)

Exports from Belize (Flag) to Portugal (Flag) (2023)

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Belize
Top DestinationUnited States$86.2M

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

In 2023, countries that imported more from Portugal than Belize included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Belize than Portugal included Trinidad and Tobago ($15.5M), Jamaica ($12.6M), and Guatemala ($27.6M).

Difference in imports from Belize (Flag) and Portugal (Flag) (2023)

Comparative Advantage Portugal - Belize

Flow
Scale

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

During 2023, Portugal had a large net trade with Belize in the exports of Foodstuffs ($98.2k), Machines ($56.7k), and Chemical Products ($34.8k).

During 2018, Belize had a large net trade with Portugal in the exports of Foodstuffs ($18.1M), Animal Products ($478k), and Metals ($534).

Economic Complexity

Competitive Landscape

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

Product Space of Portugal (Flag) and Belize (Flag) (2023)

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