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2022
Flag → Flag
Exports $288kRnk 57 / 128
2022
Flag → Flag
Top Product $267kOffice Machine Parts
2022
Flag → Flag
Exports $410kRnk 122 / 170
2022
Flag → Flag
Top Product $170kPrefabricated Buildings
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Belize-Ecuador Trade: In 2022, Belize exported $288k to Ecuador. The main products that Belize exported to Ecuador were Office Machine Parts ($267k), Electrical Transformers ($9.94k), and Integrated Circuits ($8.73k). Over the past 5 years the exports of Belize to Ecuador have increased at an annualized rate of 115%, from $6.2k in 2017 to $288k in 2022.

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

Ecuador-Belize Trade: In 2022, Ecuador exported $410k to Belize. The main products that Ecuador exported to Belize were Prefabricated Buildings ($170k), Iron Stovetops ($130k), and Bathroom Ceramics ($105k). Over the past 5 years the exports of Ecuador to Belize have decreased at an annualized rate of 1.33%,  from $439k in 2017 to $410k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $288k to Ecuador. The main products exported from Belize to Ecuador were Office Machine Parts ($267k), Electrical Transformers ($9.94k), and Integrated Circuits ($8.73k). During the last 5 years the exports of Belize to Ecuador have increased at an annualized rate of 115%, from $6.2k in 2017 to $288k in 2022.

In 2017, Ecuador exported $410k to Belize. The main products exported from Ecuador to Belize were Prefabricated Buildings ($170k), Iron Stovetops ($130k), and Bathroom Ceramics ($105k). During the last 5 years the exports of Ecuador to Belize have decreased at an annualized rate of 1.33%, from $439k in 2022 to $410k in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Belize than Ecuador included Hungary ($18.3M), Suriname ($3.65M), and Guyana ($3.67M).

In 2022, countries that imported more from Ecuador than Belize included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Belize - Ecuador

Flow
Scale

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

During 2022, Belize had a large net trade with Ecuador in the exports of Machines ($288k) and Plastics and Rubbers ($378).

During 2017, Ecuador had a large net trade with Belize in the exports of Miscellaneous ($170k), Metals ($131k), and Stone And Glass ($105k).

Economic Complexity

Competitive Landscape

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

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

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