Turkey (TUR) and Belize (BLZ) Trade | The Observatory of Economic Complexity

2022

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Exports $8.16MRnk 177 / 219

2022

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About

Turkey-Belize Trade: In 2022, Turkey exported $8.16M to Belize. The main products that Turkey exported to Belize were Refined Petroleum ($4.09M), Insulated Wire ($1.16M), and Jewellery ($471k). Over the past 5 years the exports of Turkey to Belize have increased at an annualized rate of 20.3%, from $3.24M in 2017 to $8.16M in 2022.

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

Belize-Turkey Trade: In 2022, Belize exported $303k to Turkey. The main products that Belize exported to Turkey were Non-fillet Frozen Fish ($290k), Low-voltage Protection Equipment ($5.74k), and Packaged Medicaments ($3.9k). Over the past 5 years the exports of Belize to Turkey have decreased at an annualized rate of 22.7%, from $1.1M in 2017 to $303k in 2022.

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

Comparison In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Latest Data

Trade between Turkey () and Belize ()

Turkey Exports

Date

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Turkey than Belize included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Belize than Turkey included Saint Lucia ($1.75M) and Saint Martin ($47.4k).

Difference in imports from Belize () and Turkey () (2022)

Economic Complexity

Competitive Landscape

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