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2022
Flag → Flag
Exports $63Rnk 126 / 128
2022
Flag → Flag
Top Product $63Plastic Housewares
2022
Flag → Flag
Exports $255kRnk 158 / 205
2022
Flag → Flag
Top Product $189kRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Belize-Philippines Trade: In 2022, Belize exported $63 to Philippines. The main products that Belize exported to Philippines were Plastic Housewares ($63). Over the past 8 years the exports of Belize to Philippines have decreased at an annualized rate of 55.4%, from $40.2k in 2014 to $63 in 2022.

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

Philippines-Belize Trade: In 2022, Philippines exported $255k to Belize. The main products that Philippines exported to Belize were Rolled Tobacco ($189k), Wadding ($33.3k), and Electrical Transformers ($15.6k). Over the past 8 years the exports of Philippines to Belize have decreased at an annualized rate of 31.4%,  from $1.69M in 2014 to $255k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $63 to Philippines. The main products exported from Belize to Philippines were Plastic Housewares ($63). During the last 8 years the exports of Belize to Philippines have decreased at an annualized rate of 55.4%, from $40.2k in 2014 to $63 in 2022.

In 2017, Philippines exported $255k to Belize. The main products exported from Philippines to Belize were Rolled Tobacco ($189k), Wadding ($33.3k), and Electrical Transformers ($15.6k). During the last 5 years the exports of Philippines to Belize have decreased at an annualized rate of 31.4%, from $1.69M in 2022 to $255k in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Philippines (Flag)

Belize Exports

Philippines Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Belize than Philippines included Guatemala ($39.2M), Honduras ($19.9M), and Jamaica ($14.9M).

In 2022, countries that imported more from Philippines than Belize included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Belize - Philippines

Flow
Scale

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

During 2022, Belize had a large net trade with Philippines in the exports of Plastics and Rubbers ($63).

During 2017, Philippines had a large net trade with Belize in the exports of Foodstuffs ($189k), Textiles ($34.6k), and Machines ($20.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and Philippines (Flag) (2022)

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