Belize

PRODUCT EXPORTS (2018)

$354

RANK 166 OF 222

EXPORTS PER CAPITA (2018)

$924

RANK 193 OF 219

PRODUCT IMPORTS (2018)

$1.05B

RANK 171 OF 221

IMPORTS PER CAPITA (2018)

$2.74K

RANK 185 of 219

SERVICE EXPORTS (2018)

$626M

RANK 73 OF 88

SERVICE IMPORTS (2018)

$203M

RANK 84 OF 88

GDP (2018)

$1.87B

CURRENT US$
RANK 173 OF 196

GDP GROWTH (2008-2018)

36.7%

CURRENT US$
RANK 104 OF 196

GDP PC (2018)

$4,885

CURRENT US$
RANK 110 OF 196

GDP PC GROWTH (2008-2018)

9.51%

Overview: In 2018 Belize was the number 173 economy in the world in terms of GDP (current US$), the number 166 in total exports, and the number 171 in total imports. In 2018, Belize exported $354M and imported $1.05B, resulting in a negative trade balance of -$695M. In 2018, Belize’s exports per capita were $924 and its imports per capita were $2.74k.

Trade: The top exports of Belize are Raw Sugar ($59.6M), Bananas($37.8M), Fruit Juice ($36M), Non-fillet Frozen Fish ($34.5M), and Gold($23.4M). The top imports of Belize are Refined Petroleum ($167M), Rolled Tobacco ($45.7M), Petroleum Gas ($22.1M), Trunks and Cases($19.1M), and Cars ($17.8M).

Destinations: Belize exports mostly to United Kingdom ($98.6M), United States ($79M), Spain ($26.6M), Jamaica ($14.9M), and Ireland($12.9M), and imports mostly from United States ($392M), Mexico($120M), China ($119M), Guatemala ($69.1M), and Panama ($29.5M).

Location: Belize borders Guatemala and Mexico by land and Honduras by sea.

Exports

In 2018 Belize exported a total of $354M, making it the number 166 exporter in the world. During the last five reported years the exports of Belize have changed by -$219M from $573M in 2013 to $354M in 2018.

The most recent exports are led by Raw Sugar ($59.6M), Bananas ($37.8M), Fruit Juice ($36M), Non-fillet Frozen Fish ($34.5M), and Gold ($23.4M).

Imports

In 2018 Belize imported $1.05B, making it the number 171 trade destination in the world. During the last five reported years the imports of Belize changed by -$186M from $1.23B in 2013 to $1.05B in 2018.

The most recent imports of Belize are led by Refined Petroleum ($167M), Rolled Tobacco ($45.7M), Petroleum Gas ($22.1M), Trunks and Cases ($19.1M), and Cars ($17.8M).

Destinations

The most common destination for the exports of Belize are United Kingdom ($98.6M), United States ($79M), Spain ($26.6M), Jamaica ($14.9M), and Ireland ($12.9M).

Origins

The most common import partners for Belize are United States ($392M), Mexico ($120M), China ($119M), Guatemala ($69.1M), and Panama ($29.5M).