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
$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH
25.4%CURRENT US$
Rnk 86 / 195

About

Cuba-Belize Trade: In 2023, Cuba exported $5.08k to Belize. The main products that Cuba exported to Belize were Glands and Other Organs ($4.53k) and Hard Liquor ($550). Over the past 5 years the exports of Cuba to Belize have decreased at an annualized rate of 24.5%, from $20.8k in 2018 to $5.08k in 2023.

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

Belize-Cuba Trade: In 2023, Belize exported $16.7k to Cuba. The main products that Belize exported to Cuba were N/A. Over the past 5 years the exports of Belize to Cuba have increased at an annualized rate of 115%,  from $368 in 2018 to $16.7k in 2023.

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

Comparison In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42),  and 159 in total exports ($1.05B). 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, Cuba exported $5.08k to Belize. The main products exported from Cuba to Belize were Glands and Other Organs ($4.53k) and Hard Liquor ($550). During the last 5 years the exports of Cuba to Belize have decreased at an annualized rate of 24.5%, from $20.8k in 2018 to $5.08k in 2023.

In 2017, Belize exported $16.7k to Cuba. There were not main exports from Belize to Cuba in 2017. During the last 5 years the exports of Belize to Cuba have increased at an annualized rate of 115%, from $368 in 2022 to $16.7k in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Belize (Flag)

Belize Exports

Market Competitiveness

Color
Cuba
Top Destination
China$358M
Belize
Top Destination
United States$86.2M

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

In 2023, countries that imported more from Cuba than Belize included China ($358M), Spain ($129M), and Germany ($68.1M).

In 2023, countries that imported more from Belize than Cuba included United States ($86.2M), United Kingdom ($55.9M), and Guatemala ($27.6M).

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

Comparative Advantage Cuba - Belize

Flow
Scale

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

During 2023, Cuba had a large net trade with Belize in the exports of Chemical Products ($4.53k) and Foodstuffs ($550).

During 2017, Belize had a large net trade with Cuba in the exports of .

Economic Complexity

Competitive Landscape

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

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

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