2023
Flag  
GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 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
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Belize-New Zealand Trade: In 2023, Belize exported $348k to New Zealand. The main products that Belize exported to New Zealand were Crustaceans ($312k), Raw Sugar ($19.7k), and Low-voltage Protection Equipment ($8.67k). Over the past 5 years the exports of Belize to New Zealand have decreased at an annualized rate of 15.3%, from $799k in 2018 to $348k in 2023.

In 2023, Belize did not export any services to New Zealand.

New Zealand-Belize Trade: In 2023, New Zealand exported $658k to Belize. The main products that New Zealand exported to Belize were Butter ($614k), Gas and Liquid Flow Measuring Instruments ($19.7k), and Chemical Analysis Instruments ($16.5k). Over the past 5 years the exports of New Zealand to Belize have increased at an annualized rate of 3.58%,  from $514k in 2018 to $658k in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $348k to New Zealand. The main products exported from Belize to New Zealand were Crustaceans ($312k), Raw Sugar ($19.7k), and Low-voltage Protection Equipment ($8.67k). During the last 5 years the exports of Belize to New Zealand have decreased at an annualized rate of 15.3%, from $799k in 2018 to $348k in 2023.

In 2018, New Zealand exported $658k to Belize. The main products exported from New Zealand to Belize were Butter ($614k), Gas and Liquid Flow Measuring Instruments ($19.7k), and Chemical Analysis Instruments ($16.5k). During the last 5 years the exports of New Zealand to Belize have increased at an annualized rate of 3.58%, from $514k in 2023 to $658k in 2018.

Exports from Belize (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and New Zealand (Flag)

Belize Exports

New Zealand Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.2M
New Zealand
Top Destination
China$12.3B

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

In 2023, countries that imported more from Belize than New Zealand included Honduras ($14.3M), Hungary ($10.4M), and Suriname ($1.7M).

In 2023, countries that imported more from New Zealand than Belize included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - New Zealand

Flow
Scale

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

During 2023, Belize had a large net trade with New Zealand in the exports of Animal Products ($312k), Foodstuffs ($21.2k), and Machines ($9.1k).

During 2018, New Zealand had a large net trade with Belize in the exports of Animal Products ($614k), Instruments ($37.9k), and Transportation ($4.71k).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and New Zealand (Flag) (2023)

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