2023
Flag  
GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 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
$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195

About

Belize-Japan Trade: In 2023, Belize exported $4.65M to Japan. The main products that Belize exported to Japan were Non-fillet Frozen Fish ($2.23M), Sauces and Seasonings ($1.1M), and Pearls ($988k). Over the past 5 years the exports of Belize to Japan have decreased at an annualized rate of 11.3%, from $8.49M in 2018 to $4.65M in 2023.

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

Japan-Belize Trade: In 2023, Japan exported $29.9M to Belize. The main products that Japan exported to Belize were Passenger and Cargo Ships ($14.5M), Tug Boats ($3.13M), and Cars ($2.36M). Over the past 5 years the exports of Japan to Belize have increased at an annualized rate of 5.2%,  from $23.2M in 2018 to $29.9M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $4.65M to Japan. The main products exported from Belize to Japan were Non-fillet Frozen Fish ($2.23M), Sauces and Seasonings ($1.1M), and Pearls ($988k). During the last 5 years the exports of Belize to Japan have decreased at an annualized rate of 11.3%, from $8.49M in 2018 to $4.65M in 2023.

In 2018, Japan exported $29.9M to Belize. The main products exported from Japan to Belize were Passenger and Cargo Ships ($14.5M), Tug Boats ($3.13M), and Cars ($2.36M). During the last 5 years the exports of Japan to Belize have increased at an annualized rate of 5.2%, from $23.2M in 2023 to $29.9M in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Japan (Flag)

Belize Exports

Japan Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.2M
Japan
Top Destination
United States$143B

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

In 2023, countries that imported more from Belize than Japan included Saint Martin ($50.3k).

In 2023, countries that imported more from Japan than Belize included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Belize - Japan

Flow
Scale

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

During 2023, Belize had a large net trade with Japan in the exports of Animal Products ($2.23M), Foodstuffs ($1.26M), and Precious Metals ($1.08M).

During 2018, Japan had a large net trade with Belize in the exports of Transportation ($26M), Machines ($2.28M), and Chemical Products ($958k).

Economic Complexity

Competitive Landscape

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

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

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