2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC 
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Belize-Israel Trade: In 2022, Belize exported $215k to Israel. The main products that Belize exported to Israel were Essential Oils ($82.9k), Cyclic Hydrocarbons ($77k), and Other Processed Fruits and Nuts ($42.1k). Over the past 5 years the exports of Belize to Israel have decreased at an annualized rate of 29%, from $1.19M in 2017 to $215k in 2022.

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

Israel-Belize Trade: In 2022, Israel exported $763k to Belize. The main products that Israel exported to Belize were Mixed Mineral or Chemical Fertilizers ($304k), Pesticides ($150k), and Other Heating Machinery ($67.5k). Over the past 5 years the exports of Israel to Belize have increased at an annualized rate of 8.06%,  from $518k in 2017 to $763k in 2022.

In 2007, Israel exported services to Belize worth $6.89M, with Computer and information services ($6.89M) being the largest in terms of value.

Comparison In 2022,  Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $215k to Israel. The main products exported from Belize to Israel were Essential Oils ($82.9k), Cyclic Hydrocarbons ($77k), and Other Processed Fruits and Nuts ($42.1k). During the last 5 years the exports of Belize to Israel have decreased at an annualized rate of 29%, from $1.19M in 2017 to $215k in 2022.

In 2017, Israel exported $763k to Belize. The main products exported from Israel to Belize were Mixed Mineral or Chemical Fertilizers ($304k), Pesticides ($150k), and Other Heating Machinery ($67.5k). During the last 5 years the exports of Israel to Belize have increased at an annualized rate of 8.06%, from $518k in 2022 to $763k in 2017.

Exports from Belize (Flag) to Israel (Flag) (2022)

Exports from Israel (Flag) to Belize (Flag) (2022)

Latest Data

Trade between Belize (Flag) and Israel (Flag)

Belize Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Israel
Top Destination
United States$20.3B

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

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

In 2022, countries that imported more from Israel than Belize included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

Difference in imports from Israel (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Israel

Flow
Scale

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

During 2022, Belize had a large net trade with Israel in the exports of Chemical Products ($160k), Foodstuffs ($42.9k), and Precious Metals ($11.8k).

During 2017, Israel had a large net trade with Belize in the exports of Chemical Products ($455k), Machines ($142k), and Plastics and Rubbers ($57.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Israel (Flag) (2022)

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