Belize (BLZ) and India (IND) Trade | The Observatory of Economic Complexity

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Belize-India Trade: In 2022, Belize exported $864k to India. The main products that Belize exported to India were Animal Food ($230k), Light Rubberized Knitted Fabric ($155k), and Scrap Iron ($127k). Over the past 5 years the exports of Belize to India have decreased at an annualized rate of 16.9%, from $2.17M in 2017 to $864k in 2022.

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

India-Belize Trade: In 2022, India exported $21.4M to Belize. The main products that India exported to Belize were Rolled Tobacco ($6.39M), Knit Men's Shirts ($1.64M), and Packaged Medicaments ($1.44M). Over the past 5 years the exports of India to Belize have increased at an annualized rate of 4.21%, from $17.4M in 2017 to $21.4M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $864k to India. The main products exported from Belize to India were Animal Food ($230k), Light Rubberized Knitted Fabric ($155k), and Scrap Iron ($127k). During the last 5 years the exports of Belize to India have decreased at an annualized rate of 16.9%, from $2.17M in 2017 to $864k in 2022.

In 2017, India exported $21.4M to Belize. The main products exported from India to Belize were Rolled Tobacco ($6.39M), Knit Men's Shirts ($1.64M), and Packaged Medicaments ($1.44M). During the last 5 years the exports of India to Belize have increased at an annualized rate of 4.21%, from $17.4M in 2022 to $21.4M in 2017.

Exports from Belize () to India () (2022)

Exports from India () to Belize () (2022)

Latest Data

Trade between Belize () and India ()

Belize Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

India
Top DestinationUnited States$82.9B

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

In 2022, no countries were registered that imported more from Belize than from India.

In 2022, countries that imported more from India than Belize included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Belize - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with India in the exports of Textiles ($355k), Foodstuffs ($230k), and Metals ($130k).

During 2017, India had a large net trade with Belize in the exports of Foodstuffs ($6.62M), Textiles ($5.88M), and Chemical Products ($3.08M).

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 India. This means that a dot/product with the flag of Belize indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Belize.

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Historical Data

Bilateral Trade by Products

Exports from Belize () to India () (2022)

Exports from India () to Belize () (2022)

Latest Data

Trade between Belize () and India ()

Belize Exports

India Exports

Market Competitiveness

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

Comparative Advantage Belize - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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