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2023
Flag → Flag
Exports $86.2MRnk 1 / 127
2023
Flag → Flag
Top Product $20.4MRefined Petroleum
2023
Flag → Flag
Exports $633MRnk 98 / 220
2023
Flag → Flag
Top Product $155MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
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 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC $7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195
2023
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GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Belize-United States Trade: In 2023, Belize exported $86.2M to United States. The main products that Belize exported to United States were Refined Petroleum ($20.4M), Molasses ($18.6M), and Raw Sugar ($11.1M). Over the past 5 years the exports of Belize to United States have decreased at an annualized rate of 0.42%, from $88M in 2018 to $86.2M in 2023.

In 2023, Belize did not export any services to United States.

United States-Belize Trade: In 2023, United States exported $633M to Belize. The main products that United States exported to Belize were Refined Petroleum ($155M), Cars ($20.4M), and Packaged Medicaments ($11.7M). Over the past 5 years the exports of United States to Belize have increased at an annualized rate of 8.31%,  from $425M in 2018 to $633M in 2023.

In 2023, United States did not export any services to Belize.

Comparison In 2023,  Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belize exported $86.2M to United States. The main products exported from Belize to United States were Refined Petroleum ($20.4M), Molasses ($18.6M), and Raw Sugar ($11.1M). During the last 5 years the exports of Belize to United States have decreased at an annualized rate of 0.42%, from $88M in 2018 to $86.2M in 2023.

In 2018, United States exported $633M to Belize. The main products exported from United States to Belize were Refined Petroleum ($155M), Cars ($20.4M), and Packaged Medicaments ($11.7M). During the last 5 years the exports of United States to Belize have increased at an annualized rate of 8.31%, from $425M in 2023 to $633M in 2018.

Exports from Belize (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Belize (Flag) (2023)

Latest Data

Trade between Belize (Flag) and United States (Flag)

Belize Exports

United States Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
United States
Top DestinationCanada$269B

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

In 2023, no countries were registered that imported more from Belize than from United States.

In 2023, countries that imported more from United States than Belize included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Belize (Flag) (2023)

Comparative Advantage Belize - United States

Flow
Scale

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

During 2023, Belize had a large net trade with United States in the exports of Foodstuffs ($34.3M), Mineral Products ($20.4M), and Animal Products ($15M).

During 2018, United States had a large net trade with Belize in the exports of Mineral Products ($166M), Machines ($124M), and Foodstuffs ($69.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Belize (Flag) and United States (Flag) (2023)

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