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2023
Flag → Flag
Exports $2.94MRnk 21 / 127
2023
Flag → Flag
Top Product $2.89MProcessed Crustaceans
2023
Flag → Flag
Exports $11.9MRnk 133 / 198
2023
Flag → Flag
Top Product $2.63MKnit Active Wear
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC $7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Belize-Hong Kong Trade: In 2023, Belize exported $2.94M to Hong Kong. The main products that Belize exported to Hong Kong were Processed Crustaceans ($2.89M), Other Plastic Products ($31.6k), and Edible Offal ($19.5k). Over the past 5 years the exports of Belize to Hong Kong have increased at an annualized rate of 24.6%, from $978k in 2018 to $2.94M in 2023.

In 2023, Belize did not export any services to Hong Kong.

Hong Kong-Belize Trade: In 2023, Hong Kong exported $11.9M to Belize. The main products that Hong Kong exported to Belize were Knit Active Wear ($2.63M), Rolled Tobacco ($1.7M), and Trunks and Cases ($965k). Over the past 5 years the exports of Hong Kong to Belize have decreased at an annualized rate of 12.4%,  from $23M in 2018 to $11.9M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $2.94M to Hong Kong. The main products exported from Belize to Hong Kong were Processed Crustaceans ($2.89M), Other Plastic Products ($31.6k), and Edible Offal ($19.5k). During the last 5 years the exports of Belize to Hong Kong have increased at an annualized rate of 24.6%, from $978k in 2018 to $2.94M in 2023.

In 2018, Hong Kong exported $11.9M to Belize. The main products exported from Hong Kong to Belize were Knit Active Wear ($2.63M), Rolled Tobacco ($1.7M), and Trunks and Cases ($965k). During the last 5 years the exports of Hong Kong to Belize have decreased at an annualized rate of 12.4%, from $23M in 2023 to $11.9M in 2018.

Exports from Belize (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and Hong Kong (Flag)

Belize Exports

Hong Kong Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Belize than Hong Kong included Trinidad and Tobago ($15.5M), Honduras ($14.3M), and Saint Lucia ($1.64M).

In 2023, countries that imported more from Hong Kong than Belize included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - Hong Kong

Flow
Scale

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

During 2023, Belize had a large net trade with Hong Kong in the exports of Foodstuffs ($2.89M), Plastics and Rubbers ($31.6k), and Animal Products ($19.5k).

During 2018, Hong Kong had a large net trade with Belize in the exports of Textiles ($3.82M), Foodstuffs ($1.76M), and Machines ($1.33M).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Hong Kong (Flag) (2023)

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