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Belize: Trade Statistics

Exporter Rank

108 / 119

Importer Rank

111 / 119

Trade Balance Rank

44 / 119

Total Trade [1]

Total Exports (2018) $243,303,973
Total Imports (2018) $957,739,410
Trade Balance (2018) ($714,435,437)
Exports of goods and services (% of GDP) (2018) [2] 57.7%
Imports of goods and services (% of GDP) (2018) [2] 58.01%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $75,435,360
United Kingdom $73,833,446
Jamaica $14,915,611
Ireland $13,568,223
Barbados $10,280,160
Trinidad and Tobago $9,226,131
Guatemala $8,596,041
Netherlands $7,201,313
Honduras $5,061,719
Spain $3,023,137

Import Partners

Top 10 Import Countries

Country Import USD$
United States $407,215,837
China $114,979,686
Mexico $102,971,253
Guatemala $71,254,207
Panama $29,756,945
Hong Kong $22,894,178
Honduras $21,809,155
Trinidad and Tobago $13,803,172
El Salvador $13,378,104
India $12,734,182

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(17) Sugar & Confectionery $60,586,863
(08) Fruit & Nuts $40,240,554
(20) Preserved Fruits & Vegetables $32,893,124
(27) Oil & Mineral Fuels $25,713,163
(03) Seafood $21,536,277
(33) Cosmetics $8,614,415
(07) Vegetables $7,178,203
(24) Tobacco $5,694,575
(23) Animal Feeds $5,062,095
(44) Wood $4,702,137

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $141,839,742
(84) Industrial Machinery $86,525,534
(85) Electrical Machinery $58,253,172
(87) Motor Vehicles & Parts $53,314,468
(24) Tobacco $48,054,543
(39) Plastics $32,189,726
(61) Apparel: Knit $27,423,609
(73) Iron & Steel Articles $24,792,581
(62) Apparel: Non Knit $24,539,144
(72) Iron & Steel $24,004,129

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 1/12/2020
Belize