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2020
Flag → Flag
Exports $88.6kRnk 16 / 0
2020
Flag → Flag
Exports $41.5MRnk 119 / 126
2020
Flag → Flag
Top Product $1.88kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

Belize-Venezuela Trade: In 2020, Belize exported $88.6k to Venezuela. The main products that Belize exported to Venezuela were N/A. Over the past 6 years the exports of Belize to Venezuela have decreased at an annualized rate of 9.96%, from $166k in 2014 to $88.6k in 2020.

In 2020, Belize did not export any services to Venezuela.

Venezuela-Belize In N/A, Venezuela did not export any products to Belize.

In 2020, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Belize exported $88.6k to Venezuela. There were not main exports from Belize to Venezuela in 2020. During the last 6 years the exports of Belize to Venezuela have decreased at an annualized rate of 9.96%, from $166k in 2014 to $88.6k in 2020.

Venezuela does not register exports to Belize. The main products exported from Venezuela to Belize were Hard Liquor ($1.88k).

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

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

Latest Data

Trade between Belize (Flag) and Venezuela (Flag)

Belize Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Belize than Venezuela included United Kingdom ($64.3M), Honduras ($19.9M), and Hungary ($18.3M).

In 2022, countries that imported more from Venezuela than Belize included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Belize - Venezuela

Flow
Scale

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

During 2020, Belize had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

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

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