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Belize is the 162nd largest export economy in the world. In 2017, Belize exported $374M and imported $1.07B, resulting in a negative trade balance of $692M. In 2017 the GDP of Belize was $1.86B and its GDP per capita was $8.51k.

The top exports of Belize are Raw Sugar ($88M), Bananas ($51.8M), Fruit Juice ($36.8M), Non-fillet Frozen Fish ($19.5M) and Crude Petroleum ($17.5M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($98.7M), Planes, Helicopters, and/or Spacecraft ($59.5M), Rolled Tobacco ($43.8M), Recreational Boats ($24.8M) and Trunks and Cases ($21.6M).

The top export destinations of Belize are the United States ($80.5M), the United Kingdom ($70.3M), Italy ($25.9M), Spain ($19.2M) and Jamaica ($15.5M). The top import origins are the United States ($326M), China ($108M), Mexico ($101M), Curaçao ($70M) and Guatemala ($57.6M).

Belize borders Guatemala and Mexico by land and Honduras by sea.

Economic Complexity of Belize

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