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2023
Flag → Flag
Exports $820kRnk 40 / 127
2023
Flag → Flag
Top Product $353kElectric Motors
2023
Flag → Flag
Exports $834kRnk 127 / 177
2023
Flag → Flag
Top Product $253kBarbed Wire
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC $7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

Belize-Peru Trade: In 2023, Belize exported $820k to Peru. The main products that Belize exported to Peru were Electric Motors ($353k), Transmissions ($255k), and Non-fillet Frozen Fish ($156k). Over the past 5 years the exports of Belize to Peru have increased at an annualized rate of 51.5%, from $103k in 2018 to $820k in 2023.

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

Peru-Belize Trade: In 2023, Peru exported $834k to Belize. The main products that Peru exported to Belize were Barbed Wire ($253k), Brochures ($113k), and Phosphinates (hypophosphites) and phosphonates (phosphites) ($112k). Over the past 5 years the exports of Peru to Belize have increased at an annualized rate of 0.56%,  from $811k in 2018 to $834k in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $820k to Peru. The main products exported from Belize to Peru were Electric Motors ($353k), Transmissions ($255k), and Non-fillet Frozen Fish ($156k). During the last 5 years the exports of Belize to Peru have increased at an annualized rate of 51.5%, from $103k in 2018 to $820k in 2023.

In 2018, Peru exported $834k to Belize. The main products exported from Peru to Belize were Barbed Wire ($253k), Brochures ($113k), and Phosphinates (hypophosphites) and phosphonates (phosphites) ($112k). During the last 5 years the exports of Peru to Belize have increased at an annualized rate of 0.56%, from $811k in 2023 to $834k in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Peru (Flag)

Belize Exports

Peru Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Peru
Top DestinationChina$22.5B

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

In 2023, countries that imported more from Belize than Peru included Hungary ($10.4M), Senegal ($3.09M), and Barbados ($4.55M).

In 2023, countries that imported more from Peru than Belize included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

Comparative Advantage Belize - Peru

Flow
Scale

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

During 2023, Belize had a large net trade with Peru in the exports of Machines ($649k), Animal Products ($156k), and Transportation ($8.19k).

During 2018, Peru had a large net trade with Belize in the exports of Metals ($267k), Chemical Products ($178k), and Paper Goods ($114k).

Economic Complexity

Competitive Landscape

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

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

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