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Pricing

2022
Flag → Flag
Exports $6MRnk 171 / 222
2022
Flag → Flag
Top Product $2.58MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $732kRnk 43 / 128
2022
Flag → Flag
Top Product $650kBananas
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

Belgium-Belize Trade: In 2022, Belgium exported $6M to Belize. The main products that Belgium exported to Belize were Vaccines, blood, antisera, toxins and cultures ($2.58M), Animal Food ($1.48M), and Medical Instruments ($312k). Over the past 5 years the exports of Belgium to Belize have increased at an annualized rate of 28.1%, from $1.74M in 2017 to $6M in 2022.

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

Belize-Belgium Trade: In 2022, Belize exported $732k to Belgium. The main products that Belize exported to Belgium were Bananas ($650k), Raw Sugar ($68.5k), and Centrifuges ($7.08k). Over the past 5 years the exports of Belize to Belgium have increased at an annualized rate of 101%,  from $5.56k in 2017 to $732k in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Belgium exported €223k and imported €6.21k from Belize, resulting in a positive trade balance of €217k. Between July 2023 and July 2024 the exports of Belgium have increased by €101k (83.1%) from €122k to €223k, while imports decreased by €-5.92k (-48.8%) from €12.1k to €6.21k.

Trade In July 2024, the top exports of Belgium to Belize were Food residues & wastes; animal fodder (€103k), Preparations of vegetables, fruit, nuts or... (€72.9k), Inorganic chemicals (€51.2k), Machinery, mechanical appliances, & parts (€41.8k), and Optical, photo, & film equipment; medical... (€10.6k). In July 2024 the top imports of Belgium from Belize were Edible fruits, nuts & fruit peels (€75.1k) and Machinery, mechanical appliances, & parts (€467).

Growth In July 2024, the increase in Belgium's year-by-year exports to Belize was explained primarily by an increase in product exports in Food residues & wastes; animal fodder (€103k or 29.9k%) and Machinery, mechanical appliances, & parts (€41.8k or 2.09M%). In July 2024, the decrease in Belgium's year-by-year imports  from Belize was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€101k(83.1%)
IMPORT GROWTH (July 2023 - July 2024)€-5.92k(-48.8%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Belize and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Belize and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $6M to Belize. The main products exported from Belgium to Belize were Vaccines, blood, antisera, toxins and cultures ($2.58M), Animal Food ($1.48M), and Medical Instruments ($312k). During the last 5 years the exports of Belgium to Belize have increased at an annualized rate of 28.1%, from $1.74M in 2017 to $6M in 2022.

In 2017, Belize exported $732k to Belgium. The main products exported from Belize to Belgium were Bananas ($650k), Raw Sugar ($68.5k), and Centrifuges ($7.08k). During the last 5 years the exports of Belize to Belgium have increased at an annualized rate of 101%, from $5.56k in 2022 to $732k in 2017.

Exports from Belgium (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Belgium than Belize included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Belize than Belgium included Dominica ($1.29M), Saint Kitts and Nevis ($805k), and Grenada ($950k).

Difference in imports from Belize (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Belize

Flow
Scale

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

During 2022, Belgium had a large net trade with Belize in the exports of Chemical Products ($2.87M), Foodstuffs ($1.63M), and Instruments ($382k).

During 2017, Belize had a large net trade with Belgium in the exports of Vegetable Products ($650k), Foodstuffs ($70.1k), and Machines ($11.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Belgium (Flag) and Belize (Flag) (2022)

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