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2023
Flag → Flag
Exports $29.9MRnk 150 / 211
2023
Flag → Flag
Top Product $14.5MPassenger and Cargo Ships
2023
Flag → Flag
Exports $4.65MRnk 14 / 127
2023
Flag → Flag
Top Product $2.23MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
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GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$7,460CURRENT US$
Rnk 101 / 196
2013-2023
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GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195

About

Japan-Belize Trade: In 2023, Japan exported $29.9M to Belize. The main products that Japan exported to Belize were Passenger and Cargo Ships ($14.5M), Tug Boats ($3.13M), and Cars ($2.36M). Over the past 5 years the exports of Japan to Belize have increased at an annualized rate of 5.2%, from $23.2M in 2018 to $29.9M in 2023.

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

Belize-Japan Trade: In 2023, Belize exported $4.65M to Japan. The main products that Belize exported to Japan were Non-fillet Frozen Fish ($2.23M), Sauces and Seasonings ($1.1M), and Pearls ($988k). Over the past 5 years the exports of Belize to Japan have decreased at an annualized rate of 6.47%,  from $8.49M in 2018 to $4.65M in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Japan exported ¥129M and imported ¥30.2M from Belize, resulting in a positive trade balance of ¥98.8M. Between December 2023 and December 2024 the exports of Japan have decreased by ¥-354M (-73.3%) from ¥483M to ¥129M, while imports decreased by ¥-43M (-58.7%) from ¥73.3M to ¥30.2M.

Trade In December 2024, the top exports of Japan to Belize were Passenger and Cargo Ships (¥203M), Buses (¥18.2M), Activated Carbon (¥6.6M), and Valves (¥414k). In December 2024 the top imports of Japan from Belize were Pearls (¥70.9M) and Sauces and Seasonings (¥12.9M).

Origins In December 2024 the exports of Japan were mainly from Aichi (¥70.6M), Hiroshima (¥40M), Hyōgo (¥10.8M), and Osaka (¥7.7M), while imports destinations were mainly Tokyo (¥30.2M).

Growth In December 2024, the decrease in Japan's year-by-year exports to Belize was explained primarily by an decrease in product exports in . In December 2024, the decrease in Japan's year-by-year imports  from Belize was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)¥-354M(-73.3%)
IMPORT GROWTH (December 2023 - December 2024)¥-43M(-58.7%)
MAIN EXPORTER (December 2024)Aichi¥70.6M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Belize and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $29.9M to Belize. The main products exported from Japan to Belize were Passenger and Cargo Ships ($14.5M), Tug Boats ($3.13M), and Cars ($2.36M). During the last 5 years the exports of Japan to Belize have increased at an annualized rate of 5.2%, from $23.2M in 2018 to $29.9M in 2023.

In 2018, Belize exported $4.65M to Japan. The main products exported from Belize to Japan were Non-fillet Frozen Fish ($2.23M), Sauces and Seasonings ($1.1M), and Pearls ($988k). During the last 5 years the exports of Belize to Japan have decreased at an annualized rate of 6.47%, from $8.49M in 2023 to $4.65M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Belize
Top DestinationUnited States$86.2M

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

In 2023, countries that imported more from Japan than Belize included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Belize than Japan included Saint Martin ($50.3k).

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

Comparative Advantage Japan - Belize

Flow
Scale

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

During 2023, Japan had a large net trade with Belize in the exports of Transportation ($26M), Machines ($2.28M), and Chemical Products ($958k).

During 2018, Belize had a large net trade with Japan in the exports of Animal Products ($2.23M), Foodstuffs ($1.26M), and Precious Metals ($1.08M).

Economic Complexity

Competitive Landscape

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

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

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