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2022
Flag → Flag
Exports $692kRnk 44 / 128
2022
Flag → Flag
Top Product $236kCitrus
2022
Flag → Flag
Exports $2.53MRnk 86 / 163
2022
Flag → Flag
Top Product $1.06MBeer
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 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$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Belize-Dominican Republic Trade: In 2022, Belize exported $692k to Dominican Republic. The main products that Belize exported to Dominican Republic were Citrus ($236k), Fruit Juice ($233k), and Kraft Paper ($120k). Over the past 5 years the exports of Belize to Dominican Republic have increased at an annualized rate of 7.66%, from $479k in 2017 to $692k in 2022.

In 2022, Belize did not export any services to Dominican Republic.

Dominican Republic-Belize Trade: In 2022, Dominican Republic exported $2.53M to Belize. The main products that Dominican Republic exported to Belize were Beer ($1.06M), Self-adhesive Plastics ($441k), and Mattresses ($208k). Over the past 5 years the exports of Dominican Republic to Belize have decreased at an annualized rate of 4.53%,  from $3.18M in 2017 to $2.53M in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $692k to Dominican Republic. The main products exported from Belize to Dominican Republic were Citrus ($236k), Fruit Juice ($233k), and Kraft Paper ($120k). During the last 5 years the exports of Belize to Dominican Republic have increased at an annualized rate of 7.66%, from $479k in 2017 to $692k in 2022.

In 2017, Dominican Republic exported $2.53M to Belize. The main products exported from Dominican Republic to Belize were Beer ($1.06M), Self-adhesive Plastics ($441k), and Mattresses ($208k). During the last 5 years the exports of Dominican Republic to Belize have decreased at an annualized rate of 4.53%, from $3.18M in 2022 to $2.53M in 2017.

Exports from Belize (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Belize (Flag) (2022)

Latest Data

Trade between Belize (Flag) and Dominican Republic (Flag)

Belize Exports

Dominican Republic Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Belize than Dominican Republic included Hungary ($18.3M), Cote d'Ivoire ($10.4M), and Bulgaria ($2.96M).

In 2022, countries that imported more from Dominican Republic than Belize included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Dominican Republic

Flow
Scale

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

During 2022, Belize had a large net trade with Dominican Republic in the exports of Foodstuffs ($249k), Vegetable Products ($236k), and Paper Goods ($120k).

During 2017, Dominican Republic had a large net trade with Belize in the exports of Foodstuffs ($1.18M), Plastics and Rubbers ($711k), and Miscellaneous ($247k).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Dominican Republic (Flag) (2022)

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