2023
Flag  
GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 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
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Belize-Norway Trade: In 2023, Belize exported $786k to Norway. The main products that Belize exported to Norway were Other Inedible Animal Products ($779k), Sauces and Seasonings ($3.4k), and Electrical Control Boards ($1.26k). Over the past 5 years the exports of Belize to Norway have increased at an annualized rate of 31%, from $204k in 2018 to $786k in 2023.

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

Norway-Belize Trade: In 2023, Norway exported $43.6k to Belize. The main products that Norway exported to Belize were Rubber Textile Fabric ($30.2k), Air Pumps ($6.01k), and Video Displays ($4.55k). Over the past 5 years the exports of Norway to Belize have decreased at an annualized rate of 36.7%,  from $429k in 2018 to $43.6k in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $786k to Norway. The main products exported from Belize to Norway were Other Inedible Animal Products ($779k), Sauces and Seasonings ($3.4k), and Electrical Control Boards ($1.26k). During the last 5 years the exports of Belize to Norway have increased at an annualized rate of 31%, from $204k in 2018 to $786k in 2023.

In 2018, Norway exported $43.6k to Belize. The main products exported from Norway to Belize were Rubber Textile Fabric ($30.2k), Air Pumps ($6.01k), and Video Displays ($4.55k). During the last 5 years the exports of Norway to Belize have decreased at an annualized rate of 36.7%, from $429k in 2023 to $43.6k in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Norway (Flag)

Belize Exports

Norway Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.2M
Norway
Top Destination
Germany$33.8B

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

In 2023, countries that imported more from Belize than Norway included Honduras ($14.3M), Barbados ($4.55M), and Trinidad and Tobago ($15.5M).

In 2023, countries that imported more from Norway than Belize included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Belize - Norway

Flow
Scale

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

During 2023, Belize had a large net trade with Norway in the exports of Animal Products ($779k), Foodstuffs ($4.6k), and Machines ($1.41k).

During 2018, Norway had a large net trade with Belize in the exports of Textiles ($30.2k), Machines ($12.7k), and Miscellaneous ($764).

Economic Complexity

Competitive Landscape

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

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

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