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Pricing

2023
Flag → Flag
Exports $14.5MRnk 144 / 215
2023
Flag → Flag
Top Product $2.05MPotassic Fertilizers
2023
Flag → Flag
Exports $3.14MRnk 19 / 127
2023
Flag → Flag
Top Product $1.04MElectric Motors
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC $53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

Canada-Belize Trade: In 2023, Canada exported $14.5M to Belize. The main products that Canada exported to Belize were Potassic Fertilizers ($2.05M), Mixed Mineral or Chemical Fertilizers ($1.83M), and Other Printed Material ($1.16M). Over the past 5 years the exports of Canada to Belize have increased at an annualized rate of 4.71%, from $11.5M in 2018 to $14.5M in 2023.

In 2023, Canada did not export any services to Belize.

Belize-Canada Trade: In 2023, Belize exported $3.14M to Canada. The main products that Belize exported to Canada were Electric Motors ($1.04M), Crustaceans ($267k), and Other Carbon Paper ($198k). Over the past 5 years the exports of Belize to Canada have increased at an annualized rate of 5.65%,  from $2.14M in 2018 to $3.14M in 2023.

In 2023, Belize did not export any services to Canada.

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Canada exported C$1.57M and imported C$72.8k from Belize, resulting in a positive trade balance of C$1.5M. Between November 2023 and November 2024 the exports of Canada have increased by C$531k (51.2%) from C$1.04M to C$1.57M, while imports decreased by C$-82.6k (-53.2%) from C$155k to C$72.8k.

Trade In November 2024, the top exports of Canada to Belize were Other Printed Material (C$228k), Plastic Lids (C$44.7k), Dried Legumes (C$36.3k), Tissue (C$32.2k), and Dental Products (C$20.8k). In November 2024 the top imports of Canada from Belize were Other Carbon Paper (C$155k), Sulfate Chemical Woodpulp (C$25.7k), Raw Sugar (C$24.6k), Electric Motors (C$16.2k), and Melons (C$13.3k).

Origins In November 2024 the exports of Canada were mainly from Ontario (C$880k), Quebec (C$665k), New Brunswick (C$19.6k), and Alberta (C$4.18k), while imports destinations were mainly Quebec (C$25.8k), Saskatchewan (C$21.8k), Ontario (C$14.5k), British Columbia (C$9.45k), and Manitoba (C$813).

Growth In November 2024, the increase in Canada's year-by-year exports to Belize was explained primarily by an increase in product exports in Tissue (C$18.6k or 137%) and Packaged Medicaments (C$7.34k or 331%). In November 2024, the decrease in Canada's year-by-year imports  from Belize was explained primarily by an decrease in product imports  in Motor vehicles; parts and accessories (8701... (C$-1.97k or -94.8%) and Engine Parts (C$-192 or -64.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)C$531k(51.2%)
IMPORT GROWTH (November 2023 - November 2024)C$-82.6k(-53.2%)
MAIN EXPORTER (November 2024)OntarioC$880k

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Belize and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $14.5M to Belize. The main products exported from Canada to Belize were Potassic Fertilizers ($2.05M), Mixed Mineral or Chemical Fertilizers ($1.83M), and Other Printed Material ($1.16M). During the last 5 years the exports of Canada to Belize have increased at an annualized rate of 4.71%, from $11.5M in 2018 to $14.5M in 2023.

In 2018, Belize exported $3.14M to Canada. The main products exported from Belize to Canada were Electric Motors ($1.04M), Crustaceans ($267k), and Other Carbon Paper ($198k). During the last 5 years the exports of Belize to Canada have increased at an annualized rate of 5.65%, from $2.14M in 2023 to $3.14M in 2018.

Exports from Canada (Flag) to Belize (Flag) (2023)

Exports from Belize (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top DestinationUnited States$410B
Belize
Top DestinationUnited States$86.2M

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.

In 2023, countries that imported more from Canada than Belize included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, no countries were registered that imported more from Belize than from Canada.

Difference in imports from Belize (Flag) and Canada (Flag) (2023)

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 2023, Canada had a large net trade with Belize in the exports of Chemical Products ($4.68M), Machines ($3.24M), and Vegetable Products ($1.32M).

During 2018, Belize had a large net trade with Canada in the exports of Machines ($1.48M), Foodstuffs ($348k), and Paper Goods ($308k).

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) (2023)

Keep Exploring

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