2022
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GDP
$2.82BCURRENT US$
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2012-2022
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GDP GROWTH
48.4%CURRENT US$
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2022
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 GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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GDP PC 
$6,968CURRENT US$
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2012-2022
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GDP PC GROWTH
23.4%CURRENT US$
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2022
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GDP PC
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Belize-Japan In 2022, Belize exported $2.1M to Japan. The main products that Belize exported to Japan are Sauces and Seasonings ($921k), Non-fillet Frozen Fish ($484k), and Pearl Products ($169k). During the last 27 years the exports of Belize to Japan have decreased at an annualized rate of 8.32%, from $21.9M in 1995 to $2.1M in 2022.

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

Japan-Belize 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). During the last 27 years the exports of Japan to Belize have decreased at an annualized rate of 0.84%, from $24.5M in 1995 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 27 years the exports of Belize to Japan have decreased at an annualized rate of 8.32%, from $21.9M in 1995 to $2.1M in 2022.

In 2022, 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 27 years the exports of Japan to Belize have decreased at an annualized rate of 0.84%, from $24.5M in 1995 to $19.6M in 2022.

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 Destination
United States$86.5M
Japan
Top Destination
United 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 2021, countries that imported more from Belize than Japan were Saint Martin ($47.4k).

In 2021, countries that imported more from Japan than Belize were 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belize has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Belize.

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

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