Flag United States / Belize Flag

2020
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Exports
: $359M, Rnk 103 / 218

2020
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Top Product
: $95.1M, Refined Petroleum

2020
FlagFlag
Exports
: $64.5M, Rnk 3 / 118

2020
FlagFlag
Top Product
: $11.4M, Molasses

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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GDP
: $20.9T, CURRENT US$
Rnk 1 / 204

2010-2020
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GDP GROWTH
: 38.8%, CURRENT US$
Rnk 78 / 204

2020
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 GDP
: $1.59B, CURRENT US$
Rnk 182 / 204

2010-2020
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GDP GROWTH
: 14.2%, CURRENT US$
Rnk 134 / 204

2020
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GDP PC 
: $63,028, CURRENT US$
Rnk 9 / 204

2010-2020
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GDP PC GROWTH
: 29.6%, CURRENT US$
Rnk 65 / 204

2020
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GDP PC
: $3,988, CURRENT US$
Rnk 128 / 204

2010-2020
Flag
GDP PC GROWTH
: -7.35%, CURRENT US$
Rnk 161 / 204

United States-Belize In 2020, United States exported $359M to Belize. The main products that United States exported to Belize are Refined Petroleum ($95.1M), Ethers ($17.5M), and Sauces and Seasonings ($8.04M). During the last 25 years the exports of United States to Belize have increased at an annualized rate of 3.88%, from $139M in 1995 to $359M in 2020.

In 2020, United States did not export any services to Belize.

Belize-United States In 2020, Belize exported $64.5M to United States. The main products that Belize exported to United States were Molasses ($11.4M), Crustaceans ($9.39M), and Raw Sugar ($9.01M). During the last 25 years the exports of Belize to United States have decreased at an annualized rate of 0.96%, from $82.1M in 1995 to $64.5M in 2020.

In 2020, Belize did not export any services to United States.

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56),  and 2 in total exports ($1.34T). That same year, Belize ranked 170 in total exports ($384M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United States exported $359M to Belize. The main products exported from United States to Belize were Refined Petroleum ($95.1M), Ethers ($17.5M), and Sauces and Seasonings ($8.04M). During the last 25 years the exports of United States to Belize have increased at an annualized rate of 3.88%, from $139M in 1995 to $359M in 2020.

In 2020, Belize exported $64.5M to United States. The main products exported from Belize to United States were Molasses ($11.4M), Crustaceans ($9.39M), and Raw Sugar ($9.01M). During the last 25 years the exports of Belize to United States have decreased at an annualized rate of 0.96%, from $82.1M in 1995 to $64.5M in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Belize
Top Destination
: Seychelles, $100M

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

In 2019, countries that imported more from United States than Belize were Canada ($218B), Mexico ($196B), and China ($122B).

In 2019, countries that imported more from Belize than United States were Seychelles ($100M).

Comparative Advantage United States - Belize

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Flow

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

During 2020, United States had a large net trade with Belize in the exports of Mineral Products ($101M), Machines ($55.4M), and Chemical Products ($50.5M).

During 2020, Belize had a large net trade with United States in the exports of Foodstuffs ($31.3M), Animal Products ($15.4M), and Mineral Products ($6.76M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Belize. Similarly, the more yellow a dot/product is, the more Belize has comparative advantage over United States.