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2022
Flag → Flag
Exports $2.1MRnk 27 / 128
2022
Flag → Flag
Top Product $921kSauces and Seasonings
2022
Flag → Flag
Exports $19.6MRnk 156 / 211
2022
Flag → Flag
Top Product $7.86MPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Belize-Japan Trade: In 2022, Belize exported $2.1M to Japan. The main products that Belize exported to Japan were Sauces and Seasonings ($921k), Non-fillet Frozen Fish ($484k), and Pearl Products ($169k). Over the past 5 years the exports of Belize to Japan have decreased at an annualized rate of 17.3%, from $5.43M in 2017 to $2.1M in 2022.

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

Japan-Belize Trade: In 2022, Japan exported $19.6M to Belize. The main products that Japan exported to Belize were Passenger and Cargo Ships ($7.86M), Fishing Ships ($2.05M), and Tug Boats ($1.94M). Over the past 5 years the exports of Japan to Belize have increased at an annualized rate of 8.77%,  from $11.8M in 2017 to $19.6M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $2.1M to Japan. The main products exported from Belize to Japan were Sauces and Seasonings ($921k), Non-fillet Frozen Fish ($484k), and Pearl Products ($169k). During the last 5 years the exports of Belize to Japan have decreased at an annualized rate of 17.3%, from $5.43M in 2017 to $2.1M in 2022.

In 2017, Japan exported $19.6M to Belize. The main products exported from Japan to Belize were Passenger and Cargo Ships ($7.86M), Fishing Ships ($2.05M), and Tug Boats ($1.94M). During the last 5 years the exports of Japan to Belize have increased at an annualized rate of 8.77%, from $11.8M in 2022 to $19.6M in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Japan (Flag)

Belize Exports

Japan Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Japan
Top DestinationUnited States$137B

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 2022, countries that imported more from Belize than Japan included Saint Martin ($47.4k).

In 2022, countries that imported more from Japan than Belize included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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 2022, Belize had a large net trade with Japan in the exports of Foodstuffs ($1.13M), Animal Products ($597k), and Precious Metals ($309k).

During 2017, Japan had a large net trade with Belize in the exports of Transportation ($15.2M), Machines ($2.83M), and Chemical Products ($904k).

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) (2022)

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