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2023
Flag → Flag
Exports $85.5kRnk 67 / 127
2023
Flag → Flag
Top Product $43.4kMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $519kRnk 185 / 216
2023
Flag → Flag
Top Product $267kCombustion Engines
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 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$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Belize-Sweden Trade: In 2023, Belize exported $85.5k to Sweden. The main products that Belize exported to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($43.4k), Rubber Footwear ($11.5k), and Sauces and Seasonings ($9.49k). Over the past 5 years the exports of Belize to Sweden have increased at an annualized rate of 11.8%, from $49k in 2018 to $85.5k in 2023.

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

Sweden-Belize Trade: In 2023, Sweden exported $519k to Belize. The main products that Sweden exported to Belize were Combustion Engines ($267k), Liquid Pumps ($76.1k), and Chemical Analysis Instruments ($47.1k). Over the past 5 years the exports of Sweden to Belize have increased at an annualized rate of 9.11%,  from $335k in 2018 to $519k in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $85.5k to Sweden. The main products exported from Belize to Sweden were Motor vehicles; parts and accessories (8701 to 8705) ($43.4k), Rubber Footwear ($11.5k), and Sauces and Seasonings ($9.49k). During the last 5 years the exports of Belize to Sweden have increased at an annualized rate of 11.8%, from $49k in 2018 to $85.5k in 2023.

In 2018, Sweden exported $519k to Belize. The main products exported from Sweden to Belize were Combustion Engines ($267k), Liquid Pumps ($76.1k), and Chemical Analysis Instruments ($47.1k). During the last 5 years the exports of Sweden to Belize have increased at an annualized rate of 9.11%, from $335k in 2023 to $519k in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Sweden (Flag)

Belize Exports

Sweden Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Belize than Sweden included Trinidad and Tobago ($15.5M), Saint Lucia ($1.64M), and Dominica ($1.66M).

In 2023, countries that imported more from Sweden than Belize included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

Comparative Advantage Belize - Sweden

Flow
Scale

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

During 2023, Belize had a large net trade with Sweden in the exports of Transportation ($43.4k), Footwear and Headwear ($21.9k), and Foodstuffs ($12.3k).

During 2018, Sweden had a large net trade with Belize in the exports of Machines ($405k), Instruments ($87.5k), and Foodstuffs ($13.9k).

Economic Complexity

Competitive Landscape

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

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

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