2022
Flag  
GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC 
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

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
Value

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 (Flag) to Vietnam (Flag) (2022)

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

Latest Data

Trade between Belize (Flag) and Vietnam (Flag)

Belize Exports

Market Competitiveness

Color
Belize
Top Destination
United States$86.5M
Vietnam
Top Destination
United 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 (Flag) and Belize (Flag) (2022)

Comparative Advantage Belize - Vietnam

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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