Belize (BLZ) and United Kingdom (GBR) Trade | The Observatory of Economic Complexity

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Belize-United Kingdom Trade: In 2022, Belize exported $64.3M to United Kingdom. The main products that Belize exported to United Kingdom were Bananas ($28.1M), Raw Sugar ($25.4M), and Wood Carpentry ($3.72M). Over the past 5 years the exports of Belize to United Kingdom have decreased at an annualized rate of 6.77%, from $91.3M in 2017 to $64.3M in 2022.

In 2022, Belize did not export any services to United Kingdom.

United Kingdom-Belize Trade: In 2022, United Kingdom exported $19.8M to Belize. The main products that United Kingdom exported to Belize were Recreational Boats ($1.86M), Tractors ($1.85M), and Wood Stakes ($1.16M). Over the past 5 years the exports of United Kingdom to Belize have decreased at an annualized rate of 3.19%, from $23.2M in 2017 to $19.8M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $64.3M to United Kingdom. The main products exported from Belize to United Kingdom were Bananas ($28.1M), Raw Sugar ($25.4M), and Wood Carpentry ($3.72M). During the last 5 years the exports of Belize to United Kingdom have decreased at an annualized rate of 6.77%, from $91.3M in 2017 to $64.3M in 2022.

In 2017, United Kingdom exported $19.8M to Belize. The main products exported from United Kingdom to Belize were Recreational Boats ($1.86M), Tractors ($1.85M), and Wood Stakes ($1.16M). During the last 5 years the exports of United Kingdom to Belize have decreased at an annualized rate of 3.19%, from $23.2M in 2022 to $19.8M in 2017.

Exports from Belize () to United Kingdom () (2022)

Exports from United Kingdom () to Belize () (2022)

Latest Data

Trade between Belize () and United Kingdom ()

Belize Exports

Date

United Kingdom Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationN/AN/A

United Kingdom
Top DestinationN/AN/A

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

N/A

Difference in imports from United Kingdom () and Belize () (2022)

Comparative Advantage Belize - United Kingdom

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with United Kingdom in the exports of Foodstuffs ($28.9M), Vegetable Products ($28.4M), and Wood Products ($3.72M).

During 2017, United Kingdom had a large net trade with Belize in the exports of Transportation ($4.35M), Foodstuffs ($2.33M), and Machines ($2.26M).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Belize () to United Kingdom () (2022)

Exports from United Kingdom () to Belize () (2022)

Latest Data

Trade between Belize () and United Kingdom ()

Belize Exports

United Kingdom Exports

Market Competitiveness

Difference in imports from United Kingdom () and Belize () (2022)

Comparative Advantage Belize - United Kingdom

Economic Complexity

Competitive Landscape

Product Space of Belize () and United Kingdom () (2022)

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