Belize (BLZ) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Belize-New Zealand Trade: In 2022, Belize exported $65.2k to New Zealand. The main products that Belize exported to New Zealand were Hard Liquor ($18.9k), Oxygen Amino Compounds ($18k), and Raw Sugar ($17.7k). Over the past 5 years the exports of Belize to New Zealand have decreased at an annualized rate of 31.8%, from $442k in 2017 to $65.2k in 2022.

In 2022, Belize did not export any services to New Zealand.

New Zealand-Belize Trade: In 2022, New Zealand exported $488k to Belize. The main products that New Zealand exported to Belize were Butter ($466k), Therapeutic Appliances ($18.3k), and Wine ($3.25k). Over the past 5 years the exports of New Zealand to Belize have decreased at an annualized rate of 2.13%, from $543k in 2017 to $488k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $65.2k to New Zealand. The main products exported from Belize to New Zealand were Hard Liquor ($18.9k), Oxygen Amino Compounds ($18k), and Raw Sugar ($17.7k). During the last 5 years the exports of Belize to New Zealand have decreased at an annualized rate of 31.8%, from $442k in 2017 to $65.2k in 2022.

In 2017, New Zealand exported $488k to Belize. The main products exported from New Zealand to Belize were Butter ($466k), Therapeutic Appliances ($18.3k), and Wine ($3.25k). During the last 5 years the exports of New Zealand to Belize have decreased at an annualized rate of 2.13%, from $543k in 2022 to $488k in 2017.

Exports from Belize () to New Zealand () (2022)

Exports from New Zealand () to Belize () (2022)

Latest Data

Trade between Belize () and New Zealand ()

Belize Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

New Zealand
Top DestinationChina$13.1B

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 2022, countries that imported more from Belize than New Zealand included Honduras ($19.9M), Hungary ($18.3M), and Suriname ($3.65M).

In 2022, countries that imported more from New Zealand than Belize included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Belize () (2022)

Comparative Advantage Belize - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with New Zealand in the exports of Foodstuffs ($36.6k), Chemical Products ($18.6k), and Machines ($9.42k).

During 2017, New Zealand had a large net trade with Belize in the exports of Animal Products ($466k), Instruments ($18.3k), and Foodstuffs ($3.32k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Belize () to New Zealand () (2022)

Exports from New Zealand () to Belize () (2022)

Latest Data

Trade between Belize () and New Zealand ()

Belize Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Belize () (2022)

Comparative Advantage Belize - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belize () and New Zealand () (2022)

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