HS Icon Raw Sugar in  Flag Belize

2020
Exports | Imports
: $58M | $117k, World Rnk 47 / 166
Flag Rnk 2 / 509 | World Rnk 205 / 220
Flag Rnk 465 / 1025

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.85M | $2.81k, Portugal |  United States

2020
PRODUCT COMPLEXITY  IN Raw Sugar
: -1.71, Rnk 982 / 1029

Exports In 2020, Belize exported $58M in Raw Sugar, making it the 47th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 2nd most exported product in Belize. The main destination of Raw Sugar exports from Belize are: United Kingdom ($35.1M), United States ($9.01M), Portugal ($3.63M), Trinidad and Tobago ($2.77M), and Ethiopia ($1.85M).

The fastest growing export markets for Raw Sugar of Belize between 2019 and 2020 were Portugal ($2.85M), United States ($2.78M), and Ethiopia ($1.85M).

Imports In 2020, Belize imported $117k in Raw Sugar, becoming the 205th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 465th most imported product in Belize. Belize imports Raw Sugar primarily from: United States ($113k), Turkey ($1.68k), Canada ($1.33k), China ($901), and India ($291).

The fastest growing import markets in Raw Sugar for Belize between 2019 and 2020 were United States ($2.81k), Turkey ($1.17k), and Canada ($425).

Tariffs In 2018, the average tariff for Belize in Raw Sugar was 36.4%. The countries with the highest import tariffs for Raw Sugar were Angola (Most Favoured Nation duty rate treatement, 38.1%), Burundi (Most Favoured Nation duty rate treatement, 38.1%), Benin (Most Favoured Nation duty rate treatement, 38.1%), Burkina Faso (Most Favoured Nation duty rate treatement, 38.1%), and Botswana (Most Favoured Nation duty rate treatement, 38.1%).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Raw Sugar. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $58M

IMPORTS (2020): $117k

NET TRADE (2020): $57.9M

In 2020, Belize exported $58M in Raw Sugar. The main destinations of Belize exports on Raw Sugar were United Kingdom ($35.1M), United States ($9.01M), Portugal ($3.63M), Trinidad and Tobago ($2.77M), and Ethiopia ($1.85M).

In 2020, Belize imported $117k in Raw Sugar, mainly from United States ($113k), Turkey ($1.68k), Canada ($1.33k), China ($901), and India ($291).

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Flow

THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Belize WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Belize WERE (2019 - 2020):

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Market Concentration

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In 2020, Belize's main exporting competitors in Raw Sugar were:

In 2020, Belize's main importing competitors in Raw Sugar were:

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