Belize (BLZ) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Belize-Portugal Trade: In 2022, Belize exported $5.6M to Portugal. The main products that Belize exported to Portugal were Molluscs ($2.65M), Raw Sugar ($2.11M), and Non-fillet Frozen Fish ($744k). Over the past 5 years the exports of Belize to Portugal have decreased at an annualized rate of 15.6%, from $13.1M in 2017 to $5.6M in 2022.

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

Portugal-Belize Trade: In 2022, Portugal exported $82.2k to Belize. The main products that Portugal exported to Belize were Non-Knit Men's Shirts ($19.4k), Non-Knit Men's Suits ($11.3k), and Non-Knit Active Wear ($10.9k). Over the past 5 years the exports of Portugal to Belize have decreased at an annualized rate of 33.1%, from $613k in 2017 to $82.2k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $5.6M to Portugal. The main products exported from Belize to Portugal were Molluscs ($2.65M), Raw Sugar ($2.11M), and Non-fillet Frozen Fish ($744k). During the last 5 years the exports of Belize to Portugal have decreased at an annualized rate of 15.6%, from $13.1M in 2017 to $5.6M in 2022.

In 2017, Portugal exported $82.2k to Belize. The main products exported from Portugal to Belize were Non-Knit Men's Shirts ($19.4k), Non-Knit Men's Suits ($11.3k), and Non-Knit Active Wear ($10.9k). During the last 5 years the exports of Portugal to Belize have decreased at an annualized rate of 33.1%, from $613k in 2022 to $82.2k in 2017.

Exports from Belize () to Portugal () (2022)

Exports from Portugal () to Belize () (2022)

Latest Data

Trade between Belize () and Portugal ()

Belize Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Belize included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal () and Belize () (2022)

Comparative Advantage Belize - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Portugal in the exports of Animal Products ($3.39M), Foodstuffs ($2.11M), and Vegetable Products ($96.2k).

During 2017, Portugal had a large net trade with Belize in the exports of Textiles ($57k), Miscellaneous ($8.32k), and Footwear and Headwear ($7.94k).

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 Portugal. This means that a dot/product with the flag of Belize indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Belize.

About

Historical Data

Bilateral Trade by Products

Exports from Belize () to Portugal () (2022)

Exports from Portugal () to Belize () (2022)

Latest Data

Trade between Belize () and Portugal ()

Belize Exports

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Belize () (2022)

Comparative Advantage Belize - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belize () and Portugal () (2022)

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