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2023
Flag → Flag
Exports $202kRnk 58 / 127
2023
Flag → Flag
Top Product $109kIndustrial Food Preperation Machinery
2023
Flag → Flag
Exports $9.02MRnk 138 / 211
2023
Flag → Flag
Top Product $3.99MCentrifuges
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC $7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195

About

Belize-South Africa Trade: In 2023, Belize exported $202k to South Africa. The main products that Belize exported to South Africa were Industrial Food Preperation Machinery ($109k), Engine Parts ($23k), and Excavation Machinery ($21.7k). Over the past 5 years the exports of Belize to South Africa have decreased at an annualized rate of 11.9%, from $382k in 2018 to $202k in 2023.

In 2023, Belize did not export any services to South Africa.

South Africa-Belize Trade: In 2023, South Africa exported $9.02M to Belize. The main products that South Africa exported to Belize were Centrifuges ($3.99M), Delivery Trucks ($2.25M), and Industrial Fatty Acids, Oils and Alcohols ($764k). Over the past 5 years the exports of South Africa to Belize have increased at an annualized rate of 23.5%,  from $3.14M in 2018 to $9.02M in 2023.

In 2023, South Africa did not export any services to Belize.

Comparison In 2023,  Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index. That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $202k to South Africa. The main products exported from Belize to South Africa were Industrial Food Preperation Machinery ($109k), Engine Parts ($23k), and Excavation Machinery ($21.7k). During the last 5 years the exports of Belize to South Africa have decreased at an annualized rate of 11.9%, from $382k in 2018 to $202k in 2023.

In 2018, South Africa exported $9.02M to Belize. The main products exported from South Africa to Belize were Centrifuges ($3.99M), Delivery Trucks ($2.25M), and Industrial Fatty Acids, Oils and Alcohols ($764k). During the last 5 years the exports of South Africa to Belize have increased at an annualized rate of 23.5%, from $3.14M in 2023 to $9.02M in 2018.

Exports from Belize (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and South Africa (Flag)

Belize Exports

South Africa Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
South Africa
Top DestinationChina$29.5B

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 2023, countries that imported more from Belize than South Africa included Trinidad and Tobago ($15.5M), Jamaica ($12.6M), and Dominica ($1.66M).

In 2023, countries that imported more from South Africa than Belize included China ($29.5B), United States ($13B), and Germany ($10.8B).

Difference in imports from South Africa (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - South Africa

Flow
Scale

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

During 2023, Belize had a large net trade with South Africa in the exports of Machines ($179k), Animal Products ($18.3k), and Metals ($2.57k).

During 2018, South Africa had a large net trade with Belize in the exports of Machines ($4.79M), Transportation ($2.27M), and Chemical Products ($796k).

Economic Complexity

Competitive Landscape

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.

Product Space of Belize (Flag) and South Africa (Flag) (2023)

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