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2022
Flag → Flag
Exports $1.08MRnk 25 / 128
2022
Flag → Flag
Top Product $1.25MCrustaceans
2022
Flag → Flag
Exports $224kRnk 192 / 213
2022
Flag → Flag
Top Product $97.7kVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

Belize-Australia Trade: In 2022, Belize exported $1.08M to Australia. The main products that Belize exported to Australia were Crustaceans ($1.25M), Coffee ($580k), and Iron Pipes ($208k). Over the past 5 years the exports of Belize to Australia have increased at an annualized rate of 138%, from $14.1k in 2017 to $1.08M in 2022.

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

Australia-Belize Trade: In 2022, Australia exported $224k to Belize. The main products that Australia exported to Belize were Vaccines, blood, antisera, toxins and cultures ($97.7k), Medical Instruments ($23.2k), and Special Pharmaceuticals ($15.4k). Over the past 5 years the exports of Australia to Belize have increased at an annualized rate of 9.04%,  from $145k in 2017 to $224k in 2022.

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

Comparison In 2022,  Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $1.08M to Australia. The main products exported from Belize to Australia were Crustaceans ($1.25M), Coffee ($580k), and Iron Pipes ($208k). During the last 5 years the exports of Belize to Australia have increased at an annualized rate of 138%, from $14.1k in 2017 to $1.08M in 2022.

In 2017, Australia exported $224k to Belize. The main products exported from Australia to Belize were Vaccines, blood, antisera, toxins and cultures ($97.7k), Medical Instruments ($23.2k), and Special Pharmaceuticals ($15.4k). During the last 22 years the exports of Australia to Belize have increased at an annualized rate of 9.04%, from $145k in 1995 to $224k in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Australia (Flag)

Belize Exports

Australia Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Belize than Australia included Guatemala ($39.2M), Honduras ($19.9M), and Dominica ($1.29M).

In 2022, countries that imported more from Australia than Belize included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Belize - Australia

Flow
Scale

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

During 2022, Belize had a large net trade with Australia in the exports of Animal Products ($1.25M), Vegetable Products ($580k), and Foodstuffs ($238k).

During 2017, Australia had a large net trade with Belize in the exports of Chemical Products ($123k), Machines ($48.9k), and Instruments ($25.5k).

Economic Complexity

Competitive Landscape

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

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

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