Norway (NOR) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Norway-Belize Trade: In 2023, Norway exported $43.6k to Belize. The main products that Norway exported to Belize were Rubber Textile Fabric ($30.2k), Air Pumps ($6.01k), and Video Displays ($4.55k). Over the past 5 years the exports of Norway to Belize have decreased at an annualized rate of 36.7%, from $429k in 2018 to $43.6k in 2023.

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

Belize-Norway Trade: In 2023, Belize exported $786k to Norway. The main products that Belize exported to Norway were Other Inedible Animal Products ($779k), Sauces and Seasonings ($3.4k), and Electrical Control Boards ($1.26k). Over the past 5 years the exports of Belize to Norway have increased at an annualized rate of 25.2%, from $204k in 2018 to $786k in 2023.

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

Comparison In 2023, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2025

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Overview In January 2025, Norway exported NOK0 and imported NOK7k from Belize, resulting in a negative trade balance of NOK7k. Between January 2024 and January 2025 the exports of Norway have decreased by NOK-249k (-100%) from NOK249k to NOK0, while imports increased by NOK6k (600%) from NOK1k to NOK7k.

Trade In January 2025, the top exports of Norway to Belize were Iron and steel (NOK249k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0). In January 2025 the top imports of Norway from Belize were Beverages (NOK1k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In January 2025, the decrease in Norway's year-by-year exports to Belize was explained primarily by an decrease in product exports in General industrial machinery and equipment, n.e.s.,... (NOK-64k or -100%). In January 2025, the increase in Norway's year-by-year imports from Belize was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2024 - January 2025)NOK-249k(-100%)

IMPORT GROWTH (January 2024 - January 2025)NOK6k(600%)

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

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

For full datasets download visit Bulk Download page.

Explore Belize and Norway Data

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Norway exported $43.6k to Belize. The main products exported from Norway to Belize were Rubber Textile Fabric ($30.2k), Air Pumps ($6.01k), and Video Displays ($4.55k). During the last 5 years the exports of Norway to Belize have decreased at an annualized rate of 36.7%, from $429k in 2018 to $43.6k in 2023.

In 2018, Belize exported $786k to Norway. The main products exported from Belize to Norway were Other Inedible Animal Products ($779k), Sauces and Seasonings ($3.4k), and Electrical Control Boards ($1.26k). During the last 5 years the exports of Belize to Norway have increased at an annualized rate of 25.2%, from $204k in 2023 to $786k in 2018.

Exports from Norway () to Belize () (2023)

Exports from Belize () to Norway () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$33.8B

Belize
Top DestinationUnited States$86.2M

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

In 2023, countries that imported more from Norway than Belize included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Belize than Norway included Honduras ($14.3M), Barbados ($4.55M), and Trinidad and Tobago ($15.5M).

Difference in imports from Belize () and Norway () (2023)

Comparative Advantage Norway - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Norway had a large net trade with Belize in the exports of Textiles ($30.2k), Machines ($12.7k), and Miscellaneous ($764).

During 2018, Belize had a large net trade with Norway in the exports of Animal Products ($779k), Foodstuffs ($4.6k), and Machines ($1.41k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Norway () to Belize () (2023)

Exports from Belize () to Norway () (2023)

Market Competitiveness

Difference in imports from Belize () and Norway () (2023)

Comparative Advantage Norway - Belize

Economic Complexity

Competitive Landscape

Product Space of Norway () and Belize () (2023)

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