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Exports In 2022, Belize exported $1.19M in Crude Petroleum, making it the 103rd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 37th most exported product in Belize. The main destination of Crude Petroleum exports from Belize are: Guatemala ($1.19M).

The fastest growing export markets for Crude Petroleum of Belize between 2021 and 2022 were Guatemala ($497k).

Imports In 2022, Belize imported $229 in Crude Petroleum, becoming the 153rd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1015th most imported product in Belize. Belize imports Crude Petroleum primarily from: United States ($229).

The fastest growing import markets in Crude Petroleum for Belize between N/A and 2022 were United States ($229).

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.19M
IMPORTS (2022)$229
NET TRADE (2022)$1.18M

In 2022, Belize exported $1.19M in Crude Petroleum. The main destinations of Belize exports on Crude Petroleum were Guatemala ($1.19M).

In 2022, Belize imported $229 in Crude Petroleum, mainly from United States ($229).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Belize WERE (2021 - 2022):Guatemala$497k (72.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Belize WERE (2021 - 2022):
United States-$3.54M (-100%)
United Arab Emirates-$1.22k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belize's main exporting competitors in Crude Petroleum were:
In 2022, Belize's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Crude Petroleum’s highest export potential is N/A. With an export gap of N/A.   Crude Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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