HS Icon Recreational Boats in  Flag Belize

2020
Exports | Imports
: $101M | $32.8M, World Rnk 23 / 162
Flag Rnk 1 / 509 | World Rnk 47 / 221
Flag Rnk 3 / 1025

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $100M | $14.6M, Seychelles |  Cyprus

2020
PRODUCT COMPLEXITY  IN Recreational Boats
: 0.11, Rnk 512 / 1029

Exports In 2020, Belize exported $101M in Recreational Boats, making it the 23rd largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 1st most exported product in Belize. The main destination of Recreational Boats exports from Belize are: Seychelles ($100M), Cyprus ($687k), Guatemala ($274k), United States ($127k), and British Virgin Islands ($85.7k).

The fastest growing export markets for Recreational Boats of Belize between 2019 and 2020 were Seychelles ($100M), Cyprus ($687k), and Guatemala ($124k).

Imports In 2020, Belize imported $32.8M in Recreational Boats, becoming the 47th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 3rd most imported product in Belize. Belize imports Recreational Boats primarily from: Cyprus ($14.6M), Italy ($8.18M), United Arab Emirates ($5.7M), United States ($4.14M), and Canada ($40.2k).

The fastest growing import markets in Recreational Boats for Belize between 2019 and 2020 were Cyprus ($14.6M), United Arab Emirates ($5.7M), and United States ($1.79M).

Tariffs In 2018, the average tariff for Belize in Recreational Boats was 18.1%. The countries with the highest import tariffs for Recreational Boats were Angola (Most Favoured Nation duty rate treatement, 20%), Burundi (Most Favoured Nation duty rate treatement, 20%), Benin (Most Favoured Nation duty rate treatement, 20%), Burkina Faso (Most Favoured Nation duty rate treatement, 20%), and Botswana (Most Favoured Nation duty rate treatement, 20%).

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Recreational Boats. 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): $101M

IMPORTS (2020): $32.8M

NET TRADE (2020): $68.7M

In 2020, Belize exported $101M in Recreational Boats. The main destinations of Belize exports on Recreational Boats were Seychelles ($100M), Cyprus ($687k), Guatemala ($274k), United States ($127k), and British Virgin Islands ($85.7k).

In 2020, Belize imported $32.8M in Recreational Boats, mainly from Cyprus ($14.6M), Italy ($8.18M), United Arab Emirates ($5.7M), United States ($4.14M), and Canada ($40.2k).

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THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Belize WERE (2019 - 2020):

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

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Market Concentration

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In 2020, Belize's main exporting competitors in Recreational Boats were:

In 2020, Belize's main importing competitors in Recreational Boats were:

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