2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 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 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 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

Colombia-Belize Trade: In 2022, Colombia exported $4.71M to Belize. The main products that Colombia exported to Belize were Centrifuges ($870k), Aluminium Cans ($489k), and Pesticides ($436k). Over the past 5 years the exports of Colombia to Belize have increased at an annualized rate of 11.6%, from $2.72M in 2017 to $4.71M in 2022.

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

Belize-Colombia Trade: In 2022, Belize exported $85.8k to Colombia. The main products that Belize exported to Colombia were Other Furniture ($39.7k), Office Machine Parts ($27.6k), and Seats ($7.93k). Over the past 5 years the exports of Belize to Colombia have decreased at an annualized rate of 11.2%,  from $155k in 2017 to $85.8k in 2022.

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

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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, Colombia exported $4.71M to Belize. The main products exported from Colombia to Belize were Centrifuges ($870k), Aluminium Cans ($489k), and Pesticides ($436k). During the last 5 years the exports of Colombia to Belize have increased at an annualized rate of 11.6%, from $2.72M in 2017 to $4.71M in 2022.

In 2017, Belize exported $85.8k to Colombia. The main products exported from Belize to Colombia were Other Furniture ($39.7k), Office Machine Parts ($27.6k), and Seats ($7.93k). During the last 5 years the exports of Belize to Colombia have decreased at an annualized rate of 11.2%, from $155k in 2022 to $85.8k in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Belize (Flag)

Colombia Exports

Belize Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Belize
Top Destination
United States$86.5M

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

In 2022, countries that imported more from Colombia than Belize included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Belize than Colombia included Hungary ($18.3M), Bulgaria ($2.96M), and Saint Kitts and Nevis ($805k).

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

Comparative Advantage Colombia - Belize

Flow
Scale

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

During 2022, Colombia had a large net trade with Belize in the exports of Machines ($1.9M), Metals ($862k), and Chemical Products ($771k).

During 2017, Belize had a large net trade with Colombia in the exports of Miscellaneous ($47.6k), Machines ($38.1k), and Paper Goods ($70).

Economic Complexity

Competitive Landscape

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

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

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