2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH
50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195

About

China-Belize Trade: In 2023, China exported $290M to Belize. The main products that China exported to Belize were Trunks and Cases ($24M), Passenger and Cargo Ships ($23.8M), and Textile Footwear ($23.6M). Over the past 5 years the exports of China to Belize have increased at an annualized rate of 17.7%, from $128M in 2018 to $290M in 2023.

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

Belize-China Trade: In 2023, Belize exported $1.67M to China. The main products that Belize exported to China were Polyacetals ($1.38M), Delivery Trucks ($83.5k), and Beer ($70.6k). Over the past 5 years the exports of Belize to China have increased at an annualized rate of 5.04%,  from $1.3M in 2018 to $1.67M in 2023.

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

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $290M to Belize. The main products exported from China to Belize were Trunks and Cases ($24M), Passenger and Cargo Ships ($23.8M), and Textile Footwear ($23.6M). During the last 5 years the exports of China to Belize have increased at an annualized rate of 17.7%, from $128M in 2018 to $290M in 2023.

In 2018, Belize exported $1.67M to China. The main products exported from Belize to China were Polyacetals ($1.38M), Delivery Trucks ($83.5k), and Beer ($70.6k). During the last 5 years the exports of Belize to China have increased at an annualized rate of 5.04%, from $1.3M in 2023 to $1.67M in 2018.

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

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

Market Competitiveness

Color
China
Top Destination
United States$436B
Belize
Top Destination
United States$86.2M

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

In 2023, countries that imported more from China than Belize included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Belize than China included Anguilla ($169k) and Saint Martin ($50.3k).

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

Comparative Advantage China - Belize

Flow
Scale

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

During 2023, China had a large net trade with Belize in the exports of Machines ($41.2M), Textiles ($38.9M), and Transportation ($36.7M).

During 2018, Belize had a large net trade with China in the exports of Plastics and Rubbers ($1.39M), Foodstuffs ($112k), and Transportation ($83.5k).

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Belize (Flag) (2023)

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