New Zealand (NZL) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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New Zealand-Belize Trade: In 2022, New Zealand exported $488k to Belize. The main products that New Zealand exported to Belize were Butter ($466k), Therapeutic Appliances ($18.3k), and Wine ($3.25k). Over the past 5 years the exports of New Zealand to Belize have decreased at an annualized rate of 2.13%, from $543k in 2017 to $488k in 2022.

In 2022, New Zealand did not export any services to Belize.

Belize-New Zealand Trade: In 2022, Belize exported $65.2k to New Zealand. The main products that Belize exported to New Zealand were Hard Liquor ($18.9k), Oxygen Amino Compounds ($18k), and Raw Sugar ($17.7k). Over the past 5 years the exports of Belize to New Zealand have decreased at an annualized rate of 31.8%, from $442k in 2017 to $65.2k in 2022.

In 2022, Belize did not export any services to New Zealand.

Comparison In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Zealand exported $488k to Belize. The main products exported from New Zealand to Belize were Butter ($466k), Therapeutic Appliances ($18.3k), and Wine ($3.25k). During the last 5 years the exports of New Zealand to Belize have decreased at an annualized rate of 2.13%, from $543k in 2017 to $488k in 2022.

In 2017, Belize exported $65.2k to New Zealand. The main products exported from Belize to New Zealand were Hard Liquor ($18.9k), Oxygen Amino Compounds ($18k), and Raw Sugar ($17.7k). During the last 5 years the exports of Belize to New Zealand have decreased at an annualized rate of 31.8%, from $442k in 2022 to $65.2k in 2017.

Exports from New Zealand () to Belize () (2022)

Exports from Belize () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Belize ()

New Zealand Exports

Date

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from New Zealand than Belize included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Belize than New Zealand included Honduras ($19.9M), Hungary ($18.3M), and Suriname ($3.65M).

Difference in imports from Belize () and New Zealand () (2022)

Comparative Advantage New Zealand - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Belize in the exports of Animal Products ($466k), Instruments ($18.3k), and Foodstuffs ($3.32k).

During 2017, Belize had a large net trade with New Zealand in the exports of Foodstuffs ($36.6k), Chemical Products ($18.6k), and Machines ($9.42k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Belize () (2022)

Exports from Belize () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Belize ()

New Zealand Exports

Belize Exports

Market Competitiveness

Difference in imports from Belize () and New Zealand () (2022)

Comparative Advantage New Zealand - Belize

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Belize () (2022)

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