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Pricing

2022
Flag → Flag
Exports $7.29kRnk 102 / 128
2022
Flag → Flag
Top Product $3.28kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $381kRnk 134 / 168
2022
Flag → Flag
Top Product $216kRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 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$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Belize-Uruguay Trade: In 2022, Belize exported $7.29k to Uruguay. The main products that Belize exported to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($3.28k), Chemical Analysis Instruments ($1.8k), and Safety Glass ($951). Over the past 5 years the exports of Belize to Uruguay have decreased at an annualized rate of 18.5%, from $20.2k in 2017 to $7.29k in 2022.

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

Uruguay-Belize Trade: In 2022, Uruguay exported $381k to Belize. The main products that Uruguay exported to Belize were Rolled Tobacco ($216k), Other Mineral ($96.8k), and Paper Containers ($49.1k). Over the past 5 years the exports of Uruguay to Belize have decreased at an annualized rate of 15.5%,  from $886k in 2017 to $381k in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $7.29k to Uruguay. The main products exported from Belize to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($3.28k), Chemical Analysis Instruments ($1.8k), and Safety Glass ($951). During the last 5 years the exports of Belize to Uruguay have decreased at an annualized rate of 18.5%, from $20.2k in 2017 to $7.29k in 2022.

In 2017, Uruguay exported $381k to Belize. The main products exported from Uruguay to Belize were Rolled Tobacco ($216k), Other Mineral ($96.8k), and Paper Containers ($49.1k). During the last 5 years the exports of Uruguay to Belize have decreased at an annualized rate of 15.5%, from $886k in 2022 to $381k in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Belize than Uruguay included Honduras ($19.9M), Hungary ($18.3M), and Cote d'Ivoire ($10.4M).

In 2022, countries that imported more from Uruguay than Belize included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

Comparative Advantage Belize - Uruguay

Flow
Scale

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

During 2022, Belize had a large net trade with Uruguay in the exports of Transportation ($3.28k), Instruments ($1.8k), and Machines ($958).

During 2017, Uruguay had a large net trade with Belize in the exports of Foodstuffs ($217k), Mineral Products ($96.8k), and Paper Goods ($49.1k).

Economic Complexity

Competitive Landscape

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

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

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