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2022
Flag → Flag
Exports $4.65MRnk 14 / 128
2022
Flag → Flag
Top Product $1.76MRaw Sugar
2022
Flag → Flag
Exports $10MRnk 177 / 223
2022
Flag → Flag
Top Product $2.23MCars
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 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$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Belize-Germany Trade: In 2022, Belize exported $4.65M to Germany. The main products that Belize exported to Germany were Raw Sugar ($1.76M), Essential Oils ($1.17M), and Integrated Circuits ($833k). Over the past 5 years the exports of Belize to Germany have decreased at an annualized rate of 6.72%, from $6.59M in 2017 to $4.65M in 2022.

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

Germany-Belize Trade: In 2022, Germany exported $10M to Belize. The main products that Germany exported to Belize were Cars ($2.23M), Other Frozen Vegetables ($1.01M), and Pesticides ($615k). Over the past 5 years the exports of Germany to Belize have increased at an annualized rate of 8.13%,  from $6.77M in 2017 to $10M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $4.65M to Germany. The main products exported from Belize to Germany were Raw Sugar ($1.76M), Essential Oils ($1.17M), and Integrated Circuits ($833k). During the last 5 years the exports of Belize to Germany have decreased at an annualized rate of 6.72%, from $6.59M in 2017 to $4.65M in 2022.

In 2017, Germany exported $10M to Belize. The main products exported from Germany to Belize were Cars ($2.23M), Other Frozen Vegetables ($1.01M), and Pesticides ($615k). During the last 5 years the exports of Germany to Belize have increased at an annualized rate of 8.13%, from $6.77M in 2022 to $10M in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Germany (Flag)

Belize Exports

Germany Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Germany
Top DestinationUnited States$153B

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

In 2022, countries that imported more from Belize than Germany included Dominica ($1.29M).

In 2022, countries that imported more from Germany than Belize included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Belize - Germany

Flow
Scale

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

During 2022, Belize had a large net trade with Germany in the exports of Foodstuffs ($2M), Chemical Products ($1.52M), and Machines ($896k).

During 2017, Germany had a large net trade with Belize in the exports of Transportation ($2.34M), Chemical Products ($2.28M), and Machines ($1.94M).

Economic Complexity

Competitive Landscape

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

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

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