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2023
Flag → Flag
Exports $2.15kRnk 111 / 127
2023
Flag → Flag
Top Product $2.02kMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $6.39kRnk 122 / 136
2023
Flag → Flag
Top Product $1.48kHouse Linens
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
GDP PC $7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Belize-Bolivia Trade: In 2023, Belize exported $2.15k to Bolivia. The main products that Belize exported to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($2.02k), Wallpaper ($62), and Revenue Stamps ($49). Over the past 5 years the exports of Belize to Bolivia have increased at an annualized rate of 31.2%, from $554 in 2018 to $2.15k in 2023.

In 2023, Belize did not export any services to Bolivia.

Bolivia-Belize Trade: In 2023, Bolivia exported $6.39k to Belize. The main products that Bolivia exported to Belize were House Linens ($1.48k), Knit Socks and Hosiery ($832), and Non-Knit Women's Undergarments ($720). Over the past 5 years the exports of Bolivia to Belize have decreased at an annualized rate of 13.3%,  from $13k in 2018 to $6.39k in 2023.

In 2023, Bolivia did not export any services to Belize.

Comparison In 2023,  Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $2.15k to Bolivia. The main products exported from Belize to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($2.02k), Wallpaper ($62), and Revenue Stamps ($49). During the last 5 years the exports of Belize to Bolivia have increased at an annualized rate of 31.2%, from $554 in 2018 to $2.15k in 2023.

In 2018, Bolivia exported $6.39k to Belize. The main products exported from Bolivia to Belize were House Linens ($1.48k), Knit Socks and Hosiery ($832), and Non-Knit Women's Undergarments ($720). During the last 5 years the exports of Bolivia to Belize have decreased at an annualized rate of 13.3%, from $13k in 2023 to $6.39k in 2018.

Exports from Belize (Flag) to Bolivia (Flag) (2023)

Exports from Bolivia (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and Bolivia (Flag)

Bolivia Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Belize than Bolivia included Guatemala ($27.6M), Trinidad and Tobago ($15.5M), and Portugal ($18.5M).

In 2023, countries that imported more from Bolivia than Belize included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

Difference in imports from Bolivia (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - Bolivia

Flow
Scale

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

During 2023, Belize had a large net trade with Bolivia in the exports of Transportation ($2.02k), Paper Goods ($62), and Arts and Antiques ($49).

During 2018, Bolivia had a large net trade with Belize in the exports of Textiles ($3.7k), Footwear and Headwear ($1.13k), and Chemical Products ($588).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Bolivia (Flag) (2023)

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