2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC 
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Belize-Dominican Republic In 2022, Belize exported $692k to Dominican Republic. The main products that Belize exported to Dominican Republic are Citrus ($236k), Fruit Juice ($233k), and Kraft Paper ($120k). During the last 27 years the exports of Belize to Dominican Republic have increased at an annualized rate of 12%, from $32.3k in 1995 to $692k in 2022.

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

Dominican Republic-Belize 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). During the last 27 years the exports of Dominican Republic to Belize have increased at an annualized rate of 15.5%, from $51.7k in 1995 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 27 years the exports of Belize to Dominican Republic have increased at an annualized rate of 12%, from $32.3k in 1995 to $692k in 2022.

In 2022, 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 27 years the exports of Dominican Republic to Belize have increased at an annualized rate of 15.5%, from $51.7k in 1995 to $2.53M in 2022.

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 Destination
United States$86.5M
Dominican Republic
Top Destination
United 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 2021, countries that imported more from Belize than Dominican Republic were Hungary ($18.3M), Cote d'Ivoire ($10.4M), and Bulgaria ($2.96M).

In 2021, countries that imported more from Dominican Republic than Belize were 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belize has comparative advantage over Dominican Republic. Similarly, the more yellow a dot/product is, the more Dominican Republic has comparative advantage over Belize.

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

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