Belize (BLZ) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Belize-South Africa Trade: In 2022, Belize exported $516k to South Africa. The main products that Belize exported to South Africa were Rubber ($187k), Glycerol ($159k), and Thermostats ($84.2k). Over the past 5 years the exports of Belize to South Africa have increased at an annualized rate of 12.2%, from $290k in 2017 to $516k in 2022.

In 2022, Belize did not export any services to South Africa.

South Africa-Belize Trade: In 2022, South Africa exported $3.23M to Belize. The main products that South Africa exported to Belize were Refined Petroleum ($1.97M), Delivery Trucks ($350k), and Awnings, Tents, and Sails ($322k). Over the past 5 years the exports of South Africa to Belize have decreased at an annualized rate of 8.02%, from $4.91M in 2017 to $3.23M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $516k to South Africa. The main products exported from Belize to South Africa were Rubber ($187k), Glycerol ($159k), and Thermostats ($84.2k). During the last 5 years the exports of Belize to South Africa have increased at an annualized rate of 12.2%, from $290k in 2017 to $516k in 2022.

In 2017, South Africa exported $3.23M to Belize. The main products exported from South Africa to Belize were Refined Petroleum ($1.97M), Delivery Trucks ($350k), and Awnings, Tents, and Sails ($322k). During the last 5 years the exports of South Africa to Belize have decreased at an annualized rate of 8.02%, from $4.91M in 2022 to $3.23M in 2017.

Exports from Belize () to South Africa () (2022)

Exports from South Africa () to Belize () (2022)

Latest Data

Trade between Belize () and South Africa ()

Belize Exports

Date

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Belize than South Africa included Guatemala ($39.2M), Trinidad and Tobago ($14.7M), and Jamaica ($14.9M).

In 2022, countries that imported more from South Africa than Belize included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa () and Belize () (2022)

Comparative Advantage Belize - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with South Africa in the exports of Plastics and Rubbers ($187k), Animal and Vegetable Bi-Products ($159k), and Instruments ($84.2k).

During 2017, South Africa had a large net trade with Belize in the exports of Mineral Products ($1.97M), Transportation ($393k), and Textiles ($322k).

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

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Historical Data

Bilateral Trade by Products

Exports from Belize () to South Africa () (2022)

Exports from South Africa () to Belize () (2022)

Latest Data

Trade between Belize () and South Africa ()

Belize Exports

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Belize () (2022)

Comparative Advantage Belize - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belize () and South Africa () (2022)

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