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2023
Flag → Flag
Exports $18.5MRnk 5 / 127
2023
Flag → Flag
Top Product $18.1MRaw Sugar
2023
Flag → Flag
Exports $221kRnk 187 / 211
2023
Flag → Flag
Top Product $70.4kAnimal Food
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 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$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Belize-Portugal Trade: In 2023, Belize exported $18.5M to Portugal. The main products that Belize exported to Portugal were Raw Sugar ($18.1M), Non-fillet Frozen Fish ($478k), and Tool Sets ($534). Over the past 5 years the exports of Belize to Portugal have increased at an annualized rate of 37.4%, from $3.79M in 2018 to $18.5M in 2023.

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

Portugal-Belize Trade: In 2023, Portugal exported $221k to Belize. The main products that Portugal exported to Belize were Animal Food ($70.4k), Boat Propellers ($46.2k), and Mixed Mineral or Chemical Fertilizers ($21.8k). Over the past 5 years the exports of Portugal to Belize have increased at an annualized rate of 36.2%,  from $47.2k in 2018 to $221k in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $18.5M to Portugal. The main products exported from Belize to Portugal were Raw Sugar ($18.1M), Non-fillet Frozen Fish ($478k), and Tool Sets ($534). During the last 5 years the exports of Belize to Portugal have increased at an annualized rate of 37.4%, from $3.79M in 2018 to $18.5M in 2023.

In 2018, Portugal exported $221k to Belize. The main products exported from Portugal to Belize were Animal Food ($70.4k), Boat Propellers ($46.2k), and Mixed Mineral or Chemical Fertilizers ($21.8k). During the last 5 years the exports of Portugal to Belize have increased at an annualized rate of 36.2%, from $47.2k in 2023 to $221k in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Portugal (Flag)

Belize Exports

Portugal Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Portugal
Top DestinationSpain$17.7B

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 2023, countries that imported more from Belize than Portugal included Trinidad and Tobago ($15.5M), Jamaica ($12.6M), and Guatemala ($27.6M).

In 2023, countries that imported more from Portugal than Belize included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Belize - Portugal

Flow
Scale

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

During 2023, Belize had a large net trade with Portugal in the exports of Foodstuffs ($18.1M), Animal Products ($478k), and Metals ($534).

During 2018, Portugal had a large net trade with Belize in the exports of Foodstuffs ($98.2k), Machines ($56.7k), and Chemical Products ($34.8k).

Economic Complexity

Competitive Landscape

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.

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

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