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2023
Flag → Flag
Exports $91.9kRnk 166 / 192
2023
Flag → Flag
Top Product $86.9kRefined Petroleum
2023
Flag → Flag
Exports $4kRnk 106 / 127
2023
Flag → Flag
Top Product $3.23kRefined Petroleum
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 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 $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

Estonia-Belize Trade: In 2023, Estonia exported $91.9k to Belize. The main products that Estonia exported to Belize were Refined Petroleum ($86.9k), Low-voltage Protection Equipment ($2.84k), and Chemical Analysis Instruments ($2.18k). Over the past 5 years the exports of Estonia to Belize have decreased at an annualized rate of 20.3%, from $287k in 2018 to $91.9k in 2023.

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

Belize-Estonia Trade: In 2023, Belize exported $4k to Estonia. The main products that Belize exported to Estonia were Refined Petroleum ($3.23k), Low-voltage Protection Equipment ($696), and Knit Sweaters ($77). Over the past 5 years the exports of Belize to Estonia have decreased at an annualized rate of 10.7%,  from $7.06k in 2018 to $4k in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B). That same year, Belize ranked 173 in total exports ($386M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $91.9k to Belize. The main products exported from Estonia to Belize were Refined Petroleum ($86.9k), Low-voltage Protection Equipment ($2.84k), and Chemical Analysis Instruments ($2.18k). During the last 5 years the exports of Estonia to Belize have decreased at an annualized rate of 20.3%, from $287k in 2018 to $91.9k in 2023.

In 2018, Belize exported $4k to Estonia. The main products exported from Belize to Estonia were Refined Petroleum ($3.23k), Low-voltage Protection Equipment ($696), and Knit Sweaters ($77). During the last 5 years the exports of Belize to Estonia have decreased at an annualized rate of 10.7%, from $7.06k in 2023 to $4k in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Belize (Flag)

Estonia Exports

Belize Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Belize
Top DestinationUnited States$86.2M

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

In 2023, countries that imported more from Estonia than Belize included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Belize than Estonia included Guatemala ($27.6M), Trinidad and Tobago ($15.5M), and Jamaica ($12.6M).

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

Comparative Advantage Estonia - Belize

Flow
Scale

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

During 2023, Estonia had a large net trade with Belize in the exports of Mineral Products ($86.9k), Machines ($2.84k), and Instruments ($2.18k).

During 2018, Belize had a large net trade with Estonia in the exports of Mineral Products ($3.23k), Machines ($696), and Textiles ($77).

Economic Complexity

Competitive Landscape

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

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

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