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Pricing

2022
Flag → Flag
Exports $560MRnk 99 / 219
2022
Flag → Flag
Top Product $173MRefined Petroleum
2022
Flag → Flag
Exports $86.5MRnk 1 / 128
2022
Flag → Flag
Top Product $19.3MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

United States-Belize Trade: In 2022, United States exported $560M to Belize. The main products that United States exported to Belize were Refined Petroleum ($173M), Cars ($20M), and Wheat ($17.8M). Over the past 5 years the exports of United States to Belize have increased at an annualized rate of 11.9%, from $318M in 2017 to $560M in 2022.

In 2022, United States did not export any services to Belize.

Belize-United States Trade: In 2022, Belize exported $86.5M to United States. The main products that Belize exported to United States were Refined Petroleum ($19.3M), Raw Sugar ($9.94M), and Crustaceans ($9.06M). Over the past 5 years the exports of Belize to United States have decreased at an annualized rate of 0.62%,  from $89.3M in 2017 to $86.5M in 2022.

In 2022, Belize did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Nike (92), Heineken (43), and Barry Callebaut (19) were at the forefront of exporting goods from Belize to the United States. Conversely, Other (102), Belize Brewing Company Ltd (43), and Saco (societe Africaine De Cacao) (9) were notable for importing products to Belize from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $50.6M and imported $11.9M from Belize, resulting in a positive trade balance of $38.7M. Between August 2023 and August 2024 the exports of United States have increased by $926k (1.86%) from $49.7M to $50.6M, while imports increased by $2.01M (20.2%) from $9.94M to $11.9M.

Trade In August 2024, the top exports of United States to Belize were Refined Petroleum ($13M), Commodities not elsewhere specified ($5.21M), Excavation Machinery ($3.29M), Wheat ($2.43M), and Cars ($2.37M). In August 2024 the top imports of United States from Belize were Molluscs ($582k), Crustaceans ($483k), Sawn Wood ($293k), Sauces and Seasonings ($73.9k), and Dried Legumes ($67.8k).

Origins In August 2024 the exports of United States were mainly from Florida ($25.1M), Texas ($12.9M), Alabama ($1.23M), Georgia ($1.08M), and Puerto Rico ($1.04M), while imports destinations were mainly Maryland ($8.09M), Florida ($2.68M), New York ($508k), Tennessee ($213k), and California ($207k).

Growth In August 2024, the increase in United States's year-by-year exports to Belize was explained primarily by an increase in product exports in Refined Petroleum ($8.92M or 220%), Excavation Machinery ($3.07M or 1.4k%), and Commodities not elsewhere specified ($2.76M or 113%). In August 2024, the increase in United States's year-by-year imports  from Belize was explained primarily by an increase in product imports  in Sawn Wood ($161k or 122%), Crustaceans ($154k or 46.7%), and Bananas ($31.3k or 145%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$926k(1.86%)
IMPORT GROWTH (August 2023 - August 2024)$2.01M(20.2%)
MAIN EXPORTER (August 2024)Florida$25.1M

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

To check Belize and United States 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 2022, United States exported $560M to Belize. The main products exported from United States to Belize were Refined Petroleum ($173M), Cars ($20M), and Wheat ($17.8M). During the last 5 years the exports of United States to Belize have increased at an annualized rate of 11.9%, from $318M in 2017 to $560M in 2022.

In 2017, Belize exported $86.5M to United States. The main products exported from Belize to United States were Refined Petroleum ($19.3M), Raw Sugar ($9.94M), and Crustaceans ($9.06M). During the last 5 years the exports of Belize to United States have decreased at an annualized rate of 0.62%, from $89.3M in 2022 to $86.5M in 2017.

Exports from United States (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from United States than Belize included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Belize than from United States.

Difference in imports from Belize (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Belize

Flow
Scale

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

During 2022, United States had a large net trade with Belize in the exports of Mineral Products ($184M), Machines ($76.5M), and Foodstuffs ($66.9M).

During 2017, Belize had a large net trade with United States in the exports of Foodstuffs ($23.3M), Mineral Products ($19.3M), and Animal Products ($18.5M).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Belize (Flag) (2022)

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