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2022
Flag → Flag
Exports $14kRnk 93 / 128
2022
Flag → Flag
Top Product $6.02kSauces and Seasonings
2022
Flag → Flag
Exports $44.8kRnk 192 / 209
2022
Flag → Flag
Top Product $29.5kEngine Parts
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Belize-Norway Trade: In 2022, Belize exported $14k to Norway. The main products that Belize exported to Norway were Sauces and Seasonings ($6.02k), Other Plastic Sheetings ($3.71k), and Hard Liquor ($1.59k). Over the past 5 years the exports of Belize to Norway have decreased at an annualized rate of 53.6%, from $646k in 2017 to $14k in 2022.

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

Norway-Belize Trade: In 2022, Norway exported $44.8k to Belize. The main products that Norway exported to Belize were Engine Parts ($29.5k), Plastic Pipes ($8.43k), and Liquid Pumps ($4.53k). Over the past 5 years the exports of Norway to Belize have decreased at an annualized rate of 15.8%,  from $500k in 2017 to $44.8k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $14k to Norway. The main products exported from Belize to Norway were Sauces and Seasonings ($6.02k), Other Plastic Sheetings ($3.71k), and Hard Liquor ($1.59k). During the last 5 years the exports of Belize to Norway have decreased at an annualized rate of 53.6%, from $646k in 2017 to $14k in 2022.

In 2017, Norway exported $44.8k to Belize. The main products exported from Norway to Belize were Engine Parts ($29.5k), Plastic Pipes ($8.43k), and Liquid Pumps ($4.53k). During the last 5 years the exports of Norway to Belize have decreased at an annualized rate of 15.8%, from $500k in 2022 to $44.8k in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Norway (Flag)

Belize Exports

Norway Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Norway
Top DestinationGermany$78.1B

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 2022, countries that imported more from Belize than Norway included Suriname ($3.65M), Saint Lucia ($1.75M), and Antigua and Barbuda ($1.39M).

In 2022, countries that imported more from Norway than Belize included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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 2022, Belize had a large net trade with Norway in the exports of Foodstuffs ($8.84k), Plastics and Rubbers ($3.71k), and Miscellaneous ($1.29k).

During 2017, Norway had a large net trade with Belize in the exports of Machines ($34k), Plastics and Rubbers ($9.95k), and Paper Goods ($834).

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) (2022)

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