Belize (BLZ) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Belize-Vietnam Trade: In 2022, Belize exported $19k to Vietnam. The main products that Belize exported to Vietnam were Self-adhesive Plastics ($17.9k) and Fake Hair ($1.06k). Over the past 6 years the exports of Belize to Vietnam have decreased at an annualized rate of 45.8%, from $751k in 2016 to $19k in 2022.

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

Vietnam-Belize Trade: In 2022, Vietnam exported $6.28M to Belize. The main products that Vietnam exported to Belize were Rolled Tobacco ($5.07M), Seats ($205k), and Rubber Tires ($198k). Over the past 6 years the exports of Vietnam to Belize have increased at an annualized rate of 14.6%, from $3.18M in 2016 to $6.28M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $19k to Vietnam. The main products exported from Belize to Vietnam were Self-adhesive Plastics ($17.9k) and Fake Hair ($1.06k). During the last 6 years the exports of Belize to Vietnam have decreased at an annualized rate of 45.8%, from $751k in 2016 to $19k in 2022.

In 2017, Vietnam exported $6.28M to Belize. The main products exported from Vietnam to Belize were Rolled Tobacco ($5.07M), Seats ($205k), and Rubber Tires ($198k). During the last 5 years the exports of Vietnam to Belize have increased at an annualized rate of 14.6%, from $3.18M in 2022 to $6.28M in 2017.

Exports from Belize () to Vietnam () (2022)

Exports from Vietnam () to Belize () (2022)

Latest Data

Trade between Belize () and Vietnam ()

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Belize than Vietnam included Honduras ($19.9M), Barbados ($3.37M), and Saint Lucia ($1.75M).

In 2022, countries that imported more from Vietnam than Belize included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Belize - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Vietnam in the exports of Plastics and Rubbers ($17.9k) and Footwear and Headwear ($1.06k).

During 2017, Vietnam had a large net trade with Belize in the exports of Foodstuffs ($5.22M), Plastics and Rubbers ($428k), and Miscellaneous ($363k).

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

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Vietnam () (2022)

Exports from Vietnam () to Belize () (2022)

Latest Data

Trade between Belize () and Vietnam ()

Belize Exports

Market Competitiveness

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

Comparative Advantage Belize - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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