Singapore (SGP) and Belize (BLZ) Trade | The Observatory of Economic Complexity

About

Singapore-Belize Trade: In 2022, Singapore exported $1.36M to Belize. The main products that Singapore exported to Belize were Other Edible Preparations ($474k), Chocolate ($162k), and Refined Petroleum ($118k). Over the past 5 years the exports of Singapore to Belize have decreased at an annualized rate of 5.46%, from $1.8M in 2017 to $1.36M in 2022.

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

Belize-Singapore Trade: In 2022, Belize exported $299k to Singapore. The main products that Belize exported to Singapore were Crustaceans ($218k), Low-voltage Protection Equipment ($27.2k), and Worked Ivory and Bone ($15k). Over the past 5 years the exports of Belize to Singapore have decreased at an annualized rate of 24.3%, from $1.2M in 2017 to $299k in 2022.

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

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $1.36M to Belize. The main products exported from Singapore to Belize were Other Edible Preparations ($474k), Chocolate ($162k), and Refined Petroleum ($118k). During the last 5 years the exports of Singapore to Belize have decreased at an annualized rate of 5.46%, from $1.8M in 2017 to $1.36M in 2022.

In 2017, Belize exported $299k to Singapore. The main products exported from Belize to Singapore were Crustaceans ($218k), Low-voltage Protection Equipment ($27.2k), and Worked Ivory and Bone ($15k). During the last 5 years the exports of Belize to Singapore have decreased at an annualized rate of 24.3%, from $1.2M in 2022 to $299k in 2017.

Exports from Singapore () to Belize () (2022)

Exports from Belize () to Singapore () (2022)

Latest Data

Trade between Singapore () and Belize ()

Singapore Exports

Date

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Singapore than Belize included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Belize than Singapore included Honduras ($19.9M), Jamaica ($14.9M), and Saint Lucia ($1.75M).

Difference in imports from Belize () and Singapore () (2022)

Comparative Advantage Singapore - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Belize in the exports of Foodstuffs ($789k), Machines ($371k), and Mineral Products ($118k).

During 2017, Belize had a large net trade with Singapore in the exports of Animal Products ($218k), Machines ($34.4k), and Miscellaneous ($15k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Belize () (2022)

Exports from Belize () to Singapore () (2022)

Latest Data

Trade between Singapore () and Belize ()

Singapore Exports

Belize Exports

Market Competitiveness

Difference in imports from Belize () and Singapore () (2022)

Comparative Advantage Singapore - Belize

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Singapore () and Belize () (2022)

Keep Exploring