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2022
Exports $3.46MWorld Rnk 84 / 202
Flag Rnk 20 / 542
2022
Destination $68.6k United States
2021 - 2022
FASTEST GROWING MARKET $68.6kCanada
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings-0.62Rnk 736 / 1025
2022
Imports $13.6MWorld Rnk 125 / 225
Flag Rnk 19 / 1048
2022
Origin $873k United States
2021 - 2022
FASTEST GROWING ORIGIN $873kUnited States

About

Exports In 2022, Belize exported $3.46M in Sauces and Seasonings, making it the 84th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 20th most exported product in Belize. The main destination of Sauces and Seasonings exports from Belize are: United States ($1.8M), Japan ($921k), Guatemala ($215k), Canada ($208k), and Germany ($75.6k).

The fastest growing export markets for Sauces and Seasonings of Belize between 2021 and 2022 were Canada ($68.6k), Switzerland ($14.4k), and Finland ($8.95k).

Imports In 2022, Belize imported $13.6M in Sauces and Seasonings, becoming the 125th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 19th most imported product in Belize. Belize imports Sauces and Seasonings primarily from: United States ($10.2M), Guatemala ($1.75M), Mexico ($890k), United Kingdom ($296k), and Jamaica ($188k).

The fastest growing import markets in Sauces and Seasonings for Belize between 2021 and 2022 were United States ($873k), United Kingdom ($79.8k), and Guatemala ($74.2k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Sauces and Seasonings. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.46M
IMPORTS (2022)$13.6M
NET TRADE (2022)-$10.1M

In 2022, Belize exported $3.46M in Sauces and Seasonings. The main destinations of Belize exports on Sauces and Seasonings were United States ($1.8M), Japan ($921k), Guatemala ($215k), Canada ($208k), and Germany ($75.6k).

In 2022, Belize imported $13.6M in Sauces and Seasonings, mainly from United States ($10.2M), Guatemala ($1.75M), Mexico ($890k), United Kingdom ($296k), and Jamaica ($188k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Belize WERE (2021 - 2022):
Canada$68.6k (49.3%)
Switzerland$14.4k (1%)
Finland$8.95k (288%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Belize WERE (2021 - 2022):
Japan-$287k (-23.7%)
United States-$172k (-8.74%)
Guatemala-$105k (-32.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belize's main exporting competitors in Sauces and Seasonings were:
United States $2.15B
China $2.05B
Italy $1.54B
In 2022, Belize's main importing competitors in Sauces and Seasonings were:
United States $2.23B
United Kingdom $1.01B
France $968M

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Sauces and Seasonings’s highest export potential is N/A. With an export gap of N/A.   Sauces and Seasonings’s highest import potential is N/A with an import gap of N/A.

See methodology.

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