Venezuela (VEN) and Belize (BLZ) Trade | The Observatory of Economic Complexity

2022

→

Exports $1.88kRnk 119 / 126

2022

→

About

Venezuela-Belize Trade: In 2022, Venezuela exported $1.88k to Belize. The main products that Venezuela exported to Belize were Hard Liquor ($1.88k). Over the past 9 years the exports of Venezuela to Belize have decreased at an annualized rate of 17.1%, from $10.2k in 2013 to $1.88k in 2022.

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

Belize-Venezuela In N/A, Belize did not export any products to Venezuela.

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

Comparison In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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 Venezuela () and Belize ()

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Venezuela than Belize included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Belize than Venezuela included United Kingdom ($64.3M), Honduras ($19.9M), and Hungary ($18.3M).

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

Economic Complexity

Competitive Landscape

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