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2023
Flag → Flag
Exports $3.65MRnk 166 / 217
2023
Flag → Flag
Top Product $1.39MOther Prepared Meat
2023
Flag → Flag
Exports $13.4kRnk 90 / 127
2023
Flag → Flag
Top Product $5.63kDrafting Tools
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 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 $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

Denmark-Belize Trade: In 2023, Denmark exported $3.65M to Belize. The main products that Denmark exported to Belize were Other Prepared Meat ($1.39M), Concentrated Milk ($1.04M), and Malt ($460k). Over the past 5 years the exports of Denmark to Belize have increased at an annualized rate of 0.58%, from $3.55M in 2018 to $3.65M in 2023.

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

Belize-Denmark Trade: In 2023, Belize exported $13.4k to Denmark. The main products that Belize exported to Denmark were Drafting Tools ($5.63k), Cleaning Products ($3.33k), and Hard Liquor ($1.91k). Over the past 5 years the exports of Belize to Denmark have decreased at an annualized rate of 61.2%,  from $1.51M in 2018 to $13.4k in 2023.

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

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). 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, Denmark exported $3.65M to Belize. The main products exported from Denmark to Belize were Other Prepared Meat ($1.39M), Concentrated Milk ($1.04M), and Malt ($460k). During the last 5 years the exports of Denmark to Belize have increased at an annualized rate of 0.58%, from $3.55M in 2018 to $3.65M in 2023.

In 2018, Belize exported $13.4k to Denmark. The main products exported from Belize to Denmark were Drafting Tools ($5.63k), Cleaning Products ($3.33k), and Hard Liquor ($1.91k). During the last 5 years the exports of Belize to Denmark have decreased at an annualized rate of 61.2%, from $1.51M in 2023 to $13.4k in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Belize (Flag)

Denmark Exports

Belize Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Belize
Top DestinationUnited States$86.2M

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

In 2023, countries that imported more from Denmark than Belize included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Belize than Denmark included Jamaica ($12.6M), Saint Lucia ($1.64M), and Dominica ($1.66M).

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

Comparative Advantage Denmark - Belize

Flow
Scale

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

During 2023, Denmark had a large net trade with Belize in the exports of Foodstuffs ($1.61M), Animal Products ($1.04M), and Vegetable Products ($460k).

During 2018, Belize had a large net trade with Denmark in the exports of Instruments ($6.91k), Chemical Products ($3.33k), and Foodstuffs ($2.23k).

Economic Complexity

Competitive Landscape

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

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

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