Vietnam (VNM) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Vietnam-Belize Trade: In 2022, Vietnam exported $6.28M to Belize. The main products that Vietnam exported to Belize were Rolled Tobacco ($5.07M), Seats ($205k), and Rubber Tires ($198k). Over the past 5 years the exports of Vietnam to Belize have increased at an annualized rate of 14.6%, from $3.18M in 2017 to $6.28M in 2022.

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

Belize-Vietnam Trade: In 2022, Belize exported $19k to Vietnam. The main products that Belize exported to Vietnam were Self-adhesive Plastics ($17.9k) and Fake Hair ($1.06k). Over the past 5 years the exports of Belize to Vietnam have decreased at an annualized rate of 55.3%, from $1.07M in 2017 to $19k in 2022.

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

Comparison In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $6.28M to Belize. The main products exported from Vietnam to Belize were Rolled Tobacco ($5.07M), Seats ($205k), and Rubber Tires ($198k). During the last 5 years the exports of Vietnam to Belize have increased at an annualized rate of 14.6%, from $3.18M in 2017 to $6.28M in 2022.

In 2017, Belize exported $19k to Vietnam. The main products exported from Belize to Vietnam were Self-adhesive Plastics ($17.9k) and Fake Hair ($1.06k). During the last 5 years the exports of Belize to Vietnam have decreased at an annualized rate of 55.3%, from $1.07M in 2022 to $19k in 2017.

Exports from Vietnam () to Belize () (2022)

Exports from Belize () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Belize ()

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Vietnam than Belize included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Belize than Vietnam included Honduras ($19.9M), Barbados ($3.37M), and Saint Lucia ($1.75M).

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

Comparative Advantage Vietnam - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Belize in the exports of Foodstuffs ($5.22M), Plastics and Rubbers ($428k), and Miscellaneous ($363k).

During 2017, Belize had a large net trade with Vietnam in the exports of Plastics and Rubbers ($17.9k) and Footwear and Headwear ($1.06k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Belize () (2022)

Exports from Belize () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Belize ()

Belize Exports

Market Competitiveness

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

Comparative Advantage Vietnam - Belize

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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