Sign In
Pricing

2022
Flag → Flag
Exports $3.23MRnk 163 / 214
2022
Flag → Flag
Top Product $1.97MRefined Petroleum
2022
Flag → Flag
Exports $516kRnk 50 / 128
2022
Flag → Flag
Top Product $187kRubber
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 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 $6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

South Africa-Belize Trade: In 2022, South Africa exported $3.23M to Belize. The main products that South Africa exported to Belize were Refined Petroleum ($1.97M), Delivery Trucks ($350k), and Awnings, Tents, and Sails ($322k). Over the past 5 years the exports of South Africa to Belize have decreased at an annualized rate of 8.02%, from $4.91M in 2017 to $3.23M in 2022.

In 2022, South Africa did not export any services to Belize.

Belize-South Africa Trade: In 2022, Belize exported $516k to South Africa. The main products that Belize exported to South Africa were Rubber ($187k), Glycerol ($159k), and Thermostats ($84.2k). Over the past 5 years the exports of Belize to South Africa have increased at an annualized rate of 2.33%,  from $290k in 2017 to $516k in 2022.

In 2022, Belize did not export any services to South Africa.

Comparison In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076),  and 34 in total exports ($147B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, South Africa exported ZAR7.56M and imported ZAR51.9k from Belize, resulting in a positive trade balance of ZAR7.51M. Between August 2023 and August 2024 the exports of South Africa have decreased by ZAR-1.96M (-20.5%) from ZAR9.52M to ZAR7.56M, while imports decreased by ZAR-112k (-68.4%) from ZAR164k to ZAR51.9k.

Trade In August 2024, the top exports of South Africa to Belize were Delivery Trucks (ZAR10.5M), Refined Petroleum (ZAR3.36M), Rolled Tobacco (ZAR22.8k), Electrical Lighting and Signalling Equipment (ZAR3.48k), and Wine (ZAR854). In August 2024 the top imports of South Africa from Belize were Molluscs (ZAR108k), Crustaceans (ZAR51.1k), Low-voltage Protection Equipment (ZAR32.4k), and Bi-Wheel Vehicle Parts (ZAR939).

Origins In August 2024 the exports of South Africa were mainly from Durban (ZAR7.24M), Pretoria (ZAR280k), Cape Town Int Airport (ZAR40k), and Cape Town (ZAR500), while imports destinations were mainly Cape Town (ZAR31k), O.R. Tambo Int Airport (ZAR8.4k), Johannesburg (ZAR7.31k), and Durban (ZAR5.21k).

Growth In August 2024, the decrease in South Africa's year-by-year exports to Belize was explained primarily by an decrease in product exports in Hard Liquor (ZAR-7.14k or -89.3%). In August 2024, the decrease in South Africa's year-by-year imports  from Belize was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)ZAR-1.96M(-20.5%)
IMPORT GROWTH (August 2023 - August 2024)ZAR-112k(-68.4%)
MAIN EXPORTER (August 2024)DurbanZAR7.24M

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

To check Belize and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Belize and South Africa Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $3.23M to Belize. The main products exported from South Africa to Belize were Refined Petroleum ($1.97M), Delivery Trucks ($350k), and Awnings, Tents, and Sails ($322k). During the last 5 years the exports of South Africa to Belize have decreased at an annualized rate of 8.02%, from $4.91M in 2017 to $3.23M in 2022.

In 2017, Belize exported $516k to South Africa. The main products exported from Belize to South Africa were Rubber ($187k), Glycerol ($159k), and Thermostats ($84.2k). During the last 5 years the exports of Belize to South Africa have increased at an annualized rate of 2.33%, from $290k in 2022 to $516k in 2017.

Exports from South Africa (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from South Africa than Belize included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Belize than South Africa included Guatemala ($39.2M), Trinidad and Tobago ($14.7M), and Jamaica ($14.9M).

Difference in imports from Belize (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Belize

Flow
Scale

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

During 2022, South Africa had a large net trade with Belize in the exports of Mineral Products ($1.97M), Transportation ($393k), and Textiles ($322k).

During 2017, Belize had a large net trade with South Africa in the exports of Plastics and Rubbers ($187k), Animal and Vegetable Bi-Products ($159k), and Instruments ($84.2k).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Belize (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms