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2022
Flag → Flag
Exports $3.19MRnk 20 / 128
2022
Flag → Flag
Top Product $2.88MRaw Cotton
2022
Flag → Flag
Exports $3.85MRnk 171 / 218
2022
Flag → Flag
Top Product $1.08MLegume Flours
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Belize-Malaysia Trade: In 2022, Belize exported $3.19M to Malaysia. The main products that Belize exported to Malaysia were Raw Cotton ($2.88M), Coated Flat-Rolled Iron ($157k), and Frozen Bovine Meat ($94.9k). Over the past 5 years the exports of Belize to Malaysia have increased at an annualized rate of 166%, from $23.8k in 2017 to $3.19M in 2022.

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

Malaysia-Belize Trade: In 2022, Malaysia exported $3.85M to Belize. The main products that Malaysia exported to Belize were Legume Flours ($1.08M), Other Edible Preparations ($872k), and Centrifuges ($340k). Over the past 5 years the exports of Malaysia to Belize have decreased at an annualized rate of 2.4%,  from $4.35M in 2017 to $3.85M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $3.19M to Malaysia. The main products exported from Belize to Malaysia were Raw Cotton ($2.88M), Coated Flat-Rolled Iron ($157k), and Frozen Bovine Meat ($94.9k). During the last 5 years the exports of Belize to Malaysia have increased at an annualized rate of 166%, from $23.8k in 2017 to $3.19M in 2022.

In 2017, Malaysia exported $3.85M to Belize. The main products exported from Malaysia to Belize were Legume Flours ($1.08M), Other Edible Preparations ($872k), and Centrifuges ($340k). During the last 5 years the exports of Malaysia to Belize have decreased at an annualized rate of 2.4%, from $4.35M in 2022 to $3.85M in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Malaysia (Flag)

Belize Exports

Malaysia Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Belize than Malaysia included Saint Lucia ($1.75M), Dominica ($1.29M), and Saint Kitts and Nevis ($805k).

In 2022, countries that imported more from Malaysia than Belize included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Belize - Malaysia

Flow
Scale

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

During 2022, Belize had a large net trade with Malaysia in the exports of Textiles ($2.88M), Metals ($157k), and Animal Products ($94.9k).

During 2017, Malaysia had a large net trade with Belize in the exports of Foodstuffs ($1.13M), Vegetable Products ($1.08M), and Plastics and Rubbers ($622k).

Economic Complexity

Competitive Landscape

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

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

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