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Belize: Trade Statistics

Exporter Rank

115 / 127

Importer Rank

118 / 127

Trade Balance Rank

58 / 127

Total Trade [1]

Total Exports (2019) $244,908,836
Total Imports (2019) $985,904,343
Trade Balance (2019) ($740,995,507)
Exports of goods and services (% of GDP) (2019) [2] 57.7%
Imports of goods and services (% of GDP) (2019) [2] 58.01%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United Kingdom $82,007,563
United States $62,126,282
Ireland $15,764,079
Jamaica $15,402,166
Trinidad and Tobago $9,842,852
Barbados $9,801,363
Guatemala $7,349,520
Honduras $5,092,016
Netherlands $4,330,043
Bahamas $3,014,557

Import Partners

Top 10 Import Countries

Country Import USD$
United States $435,800,006
China $134,073,431
Mexico $107,503,173
Guatemala $75,552,236
Panama $28,496,115
Hong Kong $20,120,663
Honduras $16,921,580
India $15,910,139
Trinidad and Tobago $14,365,124
El Salvador $11,585,856

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

Top 10 Export Goods

HS Code Export USD$
(17) Sugar & Confectionery $73,544,267
(08) Fruit & Nuts $39,392,784
(20) Preserved Fruits & Vegetables $25,529,617
(03) Seafood $24,776,883
(27) Oil & Mineral Fuels $21,804,367
(07) Vegetables $9,371,368
(33) Cosmetics $5,834,192
(24) Tobacco $5,408,989
(44) Wood $5,308,174
(23) Animal Feeds $4,916,833

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $147,765,515
(84) Industrial Machinery $100,474,432
(85) Electrical Machinery $50,923,931
(87) Motor Vehicles & Parts $49,254,043
(24) Tobacco $46,789,501
(39) Plastics $34,529,710
(73) Iron & Steel Articles $32,074,612
(61) Apparel: Knit $31,049,861
(21) Prepared Foods $23,966,512
(72) Iron & Steel $22,908,736

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 1/31/2021
Belize