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
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Cuba-Belize Trade: In 2022, Cuba exported $18.4k to Belize. The main products that Cuba exported to Belize were Glands and Other Organs ($9.2k), Rolled Tobacco ($7.61k), and Hard Liquor ($1.56k). Over the past 5 years the exports of Cuba to Belize have decreased at an annualized rate of 12.6%, from $35.9k in 2017 to $18.4k in 2022.

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

Belize-Cuba Trade: In 2022, Belize exported $10.1k to Cuba. The main products that Belize exported to Cuba were Other Iron Products ($10.1k). Over the past 5 years the exports of Belize to Cuba have increased at an annualized rate of 17.1%,  from $368 in 2017 to $10.1k in 2022.

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

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B). That same year, Belize ranked 175 in total exports ($399M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $18.4k to Belize. The main products exported from Cuba to Belize were Glands and Other Organs ($9.2k), Rolled Tobacco ($7.61k), and Hard Liquor ($1.56k). During the last 5 years the exports of Cuba to Belize have decreased at an annualized rate of 12.6%, from $35.9k in 2017 to $18.4k in 2022.

In 2017, Belize exported $10.1k to Cuba. The main products exported from Belize to Cuba were Other Iron Products ($10.1k). During the last 5 years the exports of Belize to Cuba have increased at an annualized rate of 17.1%, from $368 in 2022 to $10.1k in 2017.

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

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

Latest Data

Trade between Cuba (Flag) and Belize (Flag)

Belize Exports

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Belize
Top Destination
United States$86.5M

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 2022, countries that imported more from Cuba than Belize included China ($426M), Spain ($139M), and Germany ($58.5M).

In 2022, countries that imported more from Belize than Cuba included United States ($86.5M), United Kingdom ($64.3M), and Guatemala ($39.2M).

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

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 2022, Cuba had a large net trade with Belize in the exports of Chemical Products ($9.2k) and Foodstuffs ($9.17k).

During 2017, Belize had a large net trade with Cuba in the exports of Metals ($10.1k).

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with