Belize (BLZ) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Belize-Finland Trade: In 2022, Belize exported $13.8k to Finland. The main products that Belize exported to Finland were Sauces and Seasonings ($12.1k), Low-voltage Protection Equipment ($1.69k), and Other Plastic Products ($28). Over the past 5 years the exports of Belize to Finland have decreased at an annualized rate of 36.8%, from $137k in 2017 to $13.8k in 2022.

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

Finland-Belize Trade: In 2022, Finland exported $1.68M to Belize. The main products that Finland exported to Belize were Electric Motor Parts ($1.26M), Liquid Pumps ($82.9k), and Centrifuges ($62.3k). Over the past 5 years the exports of Finland to Belize have increased at an annualized rate of 16%, from $801k in 2017 to $1.68M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $13.8k to Finland. The main products exported from Belize to Finland were Sauces and Seasonings ($12.1k), Low-voltage Protection Equipment ($1.69k), and Other Plastic Products ($28). During the last 5 years the exports of Belize to Finland have decreased at an annualized rate of 36.8%, from $137k in 2017 to $13.8k in 2022.

In 2017, Finland exported $1.68M to Belize. The main products exported from Finland to Belize were Electric Motor Parts ($1.26M), Liquid Pumps ($82.9k), and Centrifuges ($62.3k). During the last 5 years the exports of Finland to Belize have increased at an annualized rate of 16%, from $801k in 2022 to $1.68M in 2017.

Exports from Belize () to Finland () (2022)

Exports from Finland () to Belize () (2022)

Latest Data

Trade between Belize () and Finland ()

Belize Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Belize than Finland included Honduras ($19.9M), Jamaica ($14.9M), and Trinidad and Tobago ($14.7M).

In 2022, countries that imported more from Finland than Belize included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

Difference in imports from Finland () and Belize () (2022)

Comparative Advantage Belize - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Finland in the exports of Foodstuffs ($12.1k), Machines ($1.69k), and Plastics and Rubbers ($45).

During 2017, Finland had a large net trade with Belize in the exports of Machines ($1.52M), Metals ($76k), and Instruments ($50.5k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Finland () (2022)

Exports from Finland () to Belize () (2022)

Latest Data

Trade between Belize () and Finland ()

Belize Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Belize () (2022)

Comparative Advantage Belize - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belize () and Finland () (2022)

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