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Exports In 2022, Belize exported $41.3k in Spices, making it the 137th largest exporter of Spices in the world. At the same year, Spices was the 195th most exported product in Belize. The main destination of Spices exports from Belize are: Canada ($23.1k), United States ($7.45k), United Kingdom ($6.49k), Jamaica ($3k), and Mexico ($1.27k).

The fastest growing export markets for Spices of Belize between 2021 and 2022 were United Kingdom ($4k), Jamaica ($3k), and Mexico ($1.27k).

Imports In 2022, Belize imported $1.46M in Spices, becoming the 119th largest importer of Spices in the world. At the same year, Spices was the 187th most imported product in Belize. Belize imports Spices primarily from: United States ($1.44M), India ($7.8k), Hong Kong ($5.36k), Jamaica ($4.37k), and Mexico ($2.51k).

The fastest growing import markets in Spices for Belize between 2021 and 2022 were United States ($84.8k), Hong Kong ($2.47k), and Canada ($2.13k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Spices from Belize to the United States.

Latest Trends

Aug 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 Spices. 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)$41.3k
IMPORTS (2022)$1.46M
NET TRADE (2022)-$1.42M

In 2022, Belize exported $41.3k in Spices. The main destinations of Belize exports on Spices were Canada ($23.1k), United States ($7.45k), United Kingdom ($6.49k), Jamaica ($3k), and Mexico ($1.27k).

In 2022, Belize imported $1.46M in Spices, mainly from United States ($1.44M), India ($7.8k), Hong Kong ($5.36k), Jamaica ($4.37k), and Mexico ($2.51k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Belize WERE (2021 - 2022):
United Kingdom$4k (161%)
Jamaica$3k (1%)
Mexico$1.27k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Belize WERE (2021 - 2022):
United States-$17.8k (-70.5%)
Switzerland-$5.59k (-100%)
Canada-$3.45k (-13%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Belize's main exporting competitors in Spices were:
In 2022, Belize's main importing competitors in Spices were:

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

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

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