2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

About

Sweden-Belize Trade: In 2022, Sweden exported $1.3M to Belize. The main products that Sweden exported to Belize were Rolled Tobacco ($203k), Other Engines ($194k), and Sulfates ($181k). Over the past 5 years the exports of Sweden to Belize have increased at an annualized rate of 4.06%, from $1.07M in 2017 to $1.3M in 2022.

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

Belize-Sweden Trade: In 2022, Belize exported $27.7k to Sweden. The main products that Belize exported to Sweden were Textile Footwear ($8.4k), Sauces and Seasonings ($6.99k), and Leather Footwear ($6.63k). Over the past 5 years the exports of Belize to Sweden have decreased at an annualized rate of 13.8%,  from $58k in 2017 to $27.7k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). 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, Sweden exported $1.3M to Belize. The main products exported from Sweden to Belize were Rolled Tobacco ($203k), Other Engines ($194k), and Sulfates ($181k). During the last 5 years the exports of Sweden to Belize have increased at an annualized rate of 4.06%, from $1.07M in 2017 to $1.3M in 2022.

In 2017, Belize exported $27.7k to Sweden. The main products exported from Belize to Sweden were Textile Footwear ($8.4k), Sauces and Seasonings ($6.99k), and Leather Footwear ($6.63k). During the last 5 years the exports of Belize to Sweden have decreased at an annualized rate of 13.8%, from $58k in 2022 to $27.7k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Belize
Top Destination
United States$86.5M

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

In 2022, countries that imported more from Sweden than Belize included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, countries that imported more from Belize than Sweden included Honduras ($19.9M), Saint Lucia ($1.75M), and Dominica ($1.29M).

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

Comparative Advantage Sweden - Belize

Flow
Scale

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

During 2022, Sweden had a large net trade with Belize in the exports of Machines ($548k), Chemical Products ($297k), and Foodstuffs ($263k).

During 2017, Belize had a large net trade with Sweden in the exports of Footwear and Headwear ($15.9k), Foodstuffs ($6.99k), and Machines ($4.65k).

Economic Complexity

Competitive Landscape

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

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

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