2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Canada-Belize Trade: In 2022, Canada exported $58.2M to Belize. The main products that Canada exported to Belize were Computers ($22.9M), Office Machine Parts ($14.1M), and Gas Turbines ($5.62M). Over the past 5 years the exports of Canada to Belize have increased at an annualized rate of 31%, from $15.1M in 2017 to $58.2M in 2022.

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

Belize-Canada Trade: In 2022, Belize exported $5.85M to Canada. The main products that Belize exported to Canada were Other Engines ($1.57M), Cellulose Fibers Paper ($1.12M), and Sports Equipment ($1.12M). Over the past 5 years the exports of Belize to Canada have increased at an annualized rate of 31.6%,  from $1.49M in 2017 to $5.85M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $58.2M to Belize. The main products exported from Canada to Belize were Computers ($22.9M), Office Machine Parts ($14.1M), and Gas Turbines ($5.62M). During the last 5 years the exports of Canada to Belize have increased at an annualized rate of 31%, from $15.1M in 2017 to $58.2M in 2022.

In 2017, Belize exported $5.85M to Canada. The main products exported from Belize to Canada were Other Engines ($1.57M), Cellulose Fibers Paper ($1.12M), and Sports Equipment ($1.12M). During the last 5 years the exports of Belize to Canada have increased at an annualized rate of 31.6%, from $1.49M in 2022 to $5.85M in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
N/AN/A
Belize
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Canada - Belize

Flow
Scale

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

During 2022, Canada had a large net trade with Belize in the exports of Machines ($47.9M), Chemical Products ($4.22M), and Vegetable Products ($1.05M).

During 2017, Belize had a large net trade with Canada in the exports of Machines ($1.76M), Paper Goods ($1.13M), and Miscellaneous ($1.12M).

Economic Complexity

Competitive Landscape

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

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

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