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Pricing

2022
Flag → Flag
Exports $2.56kRnk 110 / 128
2022
Flag → Flag
Top Product $1kWeapons Parts and Accessories
2022
Flag → Flag
Exports $47.1MRnk 132 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 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$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Belize-Nigeria Trade: In 2022, Belize exported $2.56k to Nigeria. The main products that Belize exported to Nigeria were Weapons Parts and Accessories ($1k), Engine Parts ($824), and Computers ($600). Over the past 5 years the exports of Belize to Nigeria have decreased at an annualized rate of 14.4%, from $5.56k in 2017 to $2.56k in 2022.

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

Nigeria-Belize In N/A, Nigeria did not export any products to Belize.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $2.56k to Nigeria. The main products exported from Belize to Nigeria were Weapons Parts and Accessories ($1k), Engine Parts ($824), and Computers ($600). During the last 5 years the exports of Belize to Nigeria have decreased at an annualized rate of 14.4%, from $5.56k in 2017 to $2.56k in 2022.

Nigeria does not register exports to Belize.

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

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

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Belize than Nigeria included Guatemala ($39.2M), Honduras ($19.9M), and Trinidad and Tobago ($14.7M).

In 2022, countries that imported more from Nigeria than Belize included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Belize - Nigeria

Flow
Scale

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

During 2022, Belize had a large net trade with Nigeria in the exports of Machines ($1.42k), Weapons ($1k), and Animal Hides ($137).

Economic Complexity

Competitive Landscape

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

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

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