2023
Flag  
GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC 
$7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC
$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Belize-Finland Trade: In 2023, Belize exported $32.1k to Finland. The main products that Belize exported to Finland were Low-voltage Protection Equipment ($21.5k), Raw Sugar ($7.15k), and Hard Liquor ($2.64k). Over the past 5 years the exports of Belize to Finland have increased at an annualized rate of 36.3%, from $6.83k in 2018 to $32.1k in 2023.

In 2023, Belize did not export any services to Finland.

Finland-Belize Trade: In 2023, Finland exported $1.12M to Belize. The main products that Finland exported to Belize were Electric Motor Parts ($957k), Other Iron Products ($29.8k), and Liquid Pumps ($27.3k). Over the past 5 years the exports of Finland to Belize have increased at an annualized rate of 15.6%,  from $546k in 2018 to $1.12M in 2023.

In 2023, Finland did not export any services to Belize.

Comparison In 2023,  Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index. That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $32.1k to Finland. The main products exported from Belize to Finland were Low-voltage Protection Equipment ($21.5k), Raw Sugar ($7.15k), and Hard Liquor ($2.64k). During the last 5 years the exports of Belize to Finland have increased at an annualized rate of 36.3%, from $6.83k in 2018 to $32.1k in 2023.

In 2018, Finland exported $1.12M to Belize. The main products exported from Finland to Belize were Electric Motor Parts ($957k), Other Iron Products ($29.8k), and Liquid Pumps ($27.3k). During the last 5 years the exports of Finland to Belize have increased at an annualized rate of 15.6%, from $546k in 2023 to $1.12M in 2018.

Exports from Belize (Flag) to Finland (Flag) (2023)

Exports from Finland (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and Finland (Flag)

Belize Exports

Finland Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.2M
Finland
Top Destination
United States$9.68B

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 2023, countries that imported more from Belize than Finland included Trinidad and Tobago ($15.5M), Jamaica ($12.6M), and Barbados ($4.55M).

In 2023, countries that imported more from Finland than Belize included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

Difference in imports from Finland (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - Finland

Flow
Scale

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

During 2023, Belize had a large net trade with Finland in the exports of Machines ($22.2k), Foodstuffs ($9.8k), and Textiles ($81).

During 2018, Finland had a large net trade with Belize in the exports of Machines ($1.03M), Metals ($48.9k), and Instruments ($26.6k).

Economic Complexity

Competitive Landscape

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.

Product Space of Belize (Flag) and Finland (Flag) (2023)

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