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2023
Flag → Flag
Exports $489kRnk 46 / 127
2023
Flag → Flag
Top Product $243kParty Decorations
2023
Flag → Flag
Exports $19.3MRnk 149 / 221
2023
Flag → Flag
Top Product $2.15MFruit Juice
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 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$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

Belize-Brazil Trade: In 2023, Belize exported $489k to Brazil. The main products that Belize exported to Brazil were Party Decorations ($243k), Zippers ($82.1k), and Non-woven Textiles ($65.6k). Over the past 5 years the exports of Belize to Brazil have decreased at an annualized rate of 16.8%, from $1.23M in 2018 to $489k in 2023.

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

Brazil-Belize Trade: In 2023, Brazil exported $19.3M to Belize. The main products that Brazil exported to Belize were Fruit Juice ($2.15M), Hot-Rolled Iron Bars ($1.92M), and Refined Petroleum ($1.85M). Over the past 5 years the exports of Brazil to Belize have increased at an annualized rate of 18.4%,  from $8.31M in 2018 to $19.3M in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $489k to Brazil. The main products exported from Belize to Brazil were Party Decorations ($243k), Zippers ($82.1k), and Non-woven Textiles ($65.6k). During the last 5 years the exports of Belize to Brazil have decreased at an annualized rate of 16.8%, from $1.23M in 2018 to $489k in 2023.

In 2018, Brazil exported $19.3M to Belize. The main products exported from Brazil to Belize were Fruit Juice ($2.15M), Hot-Rolled Iron Bars ($1.92M), and Refined Petroleum ($1.85M). During the last 5 years the exports of Brazil to Belize have increased at an annualized rate of 18.4%, from $8.31M in 2023 to $19.3M in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Brazil (Flag)

Belize Exports

Brazil Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Brazil
Top DestinationChina$106B

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

In 2023, no countries were registered that imported more from Belize than from Brazil.

In 2023, countries that imported more from Brazil than Belize included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Belize - Brazil

Flow
Scale

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

During 2023, Belize had a large net trade with Brazil in the exports of Miscellaneous ($325k), Textiles ($65.6k), and Foodstuffs ($34.5k).

During 2018, Brazil had a large net trade with Belize in the exports of Metals ($3.26M), Foodstuffs ($3.25M), and Machines ($3.24M).

Economic Complexity

Competitive Landscape

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

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

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