2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 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

Vietnam-Belize Trade: In 2022, Vietnam exported $6.28M to Belize. The main products that Vietnam exported to Belize were Rolled Tobacco ($5.07M), Seats ($205k), and Rubber Tires ($198k). Over the past 5 years the exports of Vietnam to Belize have increased at an annualized rate of 14.6%, from $3.18M in 2017 to $6.28M in 2022.

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

Belize-Vietnam Trade: In 2022, Belize exported $19k to Vietnam. The main products that Belize exported to Vietnam were Self-adhesive Plastics ($17.9k) and Fake Hair ($1.06k). Over the past 5 years the exports of Belize to Vietnam have decreased at an annualized rate of 55.3%,  from $1.07M in 2017 to $19k in 2022.

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

Comparison In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2),  and 19 in total exports ($399B). 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, Vietnam exported $6.28M to Belize. The main products exported from Vietnam to Belize were Rolled Tobacco ($5.07M), Seats ($205k), and Rubber Tires ($198k). During the last 5 years the exports of Vietnam to Belize have increased at an annualized rate of 14.6%, from $3.18M in 2017 to $6.28M in 2022.

In 2017, Belize exported $19k to Vietnam. The main products exported from Belize to Vietnam were Self-adhesive Plastics ($17.9k) and Fake Hair ($1.06k). During the last 5 years the exports of Belize to Vietnam have decreased at an annualized rate of 55.3%, from $1.07M in 2022 to $19k in 2017.

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

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

Latest Data

Trade between Vietnam (Flag) and Belize (Flag)

Belize Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Belize
Top Destination
United States$86.5M

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

In 2022, countries that imported more from Vietnam than Belize included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Belize than Vietnam included Honduras ($19.9M), Barbados ($3.37M), and Saint Lucia ($1.75M).

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

Comparative Advantage Vietnam - Belize

Flow
Scale

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

During 2022, Vietnam had a large net trade with Belize in the exports of Foodstuffs ($5.22M), Plastics and Rubbers ($428k), and Miscellaneous ($363k).

During 2017, Belize had a large net trade with Vietnam in the exports of Plastics and Rubbers ($17.9k) and Footwear and Headwear ($1.06k).

Economic Complexity

Competitive Landscape

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

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

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