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2022
Flag → Flag
Exports $1.68MRnk 150 / 207
2022
Flag → Flag
Top Product $1.26MElectric Motor Parts
2022
Flag → Flag
Exports $13.8kRnk 94 / 128
2022
Flag → Flag
Top Product $12.1kSauces and Seasonings
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
Flag
 GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

Finland-Belize Trade: In 2022, Finland exported $1.68M to Belize. The main products that Finland exported to Belize were Electric Motor Parts ($1.26M), Liquid Pumps ($82.9k), and Centrifuges ($62.3k). Over the past 5 years the exports of Finland to Belize have increased at an annualized rate of 16%, from $801k in 2017 to $1.68M in 2022.

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

Belize-Finland Trade: In 2022, Belize exported $13.8k to Finland. The main products that Belize exported to Finland were Sauces and Seasonings ($12.1k), Low-voltage Protection Equipment ($1.69k), and Other Plastic Products ($28). Over the past 5 years the exports of Belize to Finland have decreased at an annualized rate of 36.8%,  from $137k in 2017 to $13.8k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). 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, Finland exported $1.68M to Belize. The main products exported from Finland to Belize were Electric Motor Parts ($1.26M), Liquid Pumps ($82.9k), and Centrifuges ($62.3k). During the last 5 years the exports of Finland to Belize have increased at an annualized rate of 16%, from $801k in 2017 to $1.68M in 2022.

In 2017, Belize exported $13.8k to Finland. The main products exported from Belize to Finland were Sauces and Seasonings ($12.1k), Low-voltage Protection Equipment ($1.69k), and Other Plastic Products ($28). During the last 5 years the exports of Belize to Finland have decreased at an annualized rate of 36.8%, from $137k in 2022 to $13.8k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Belize (Flag)

Finland Exports

Belize Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Finland than Belize included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

In 2022, countries that imported more from Belize than Finland included Honduras ($19.9M), Jamaica ($14.9M), and Trinidad and Tobago ($14.7M).

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

Comparative Advantage Finland - Belize

Flow
Scale

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

During 2022, Finland had a large net trade with Belize in the exports of Machines ($1.52M), Metals ($76k), and Instruments ($50.5k).

During 2017, Belize had a large net trade with Finland in the exports of Foodstuffs ($12.1k), Machines ($1.69k), and Plastics and Rubbers ($45).

Economic Complexity

Competitive Landscape

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

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

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