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Belize: Trade Statistics

Exporter Rank

110 / 121

Importer Rank

112 / 121

Trade Balance Rank

47 / 121

Total Trade [1]

Total Exports (2017) $277,584,960
Total Imports (2017) $913,130,452
Trade Balance (2017) ($635,545,492)
Exports of goods and services (% of GDP) (2017) [2] 54.21%
Imports of goods and services (% of GDP) (2017) [2] 57.62%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United Kingdom $76,754,144
United States $73,006,597
Jamaica $14,950,626
Italy $14,172,750
Barbados $13,117,488
Ireland $12,277,703
Netherlands $9,615,589
Honduras $8,159,278
Trinidad and Tobago $7,535,143
Guatemala $6,565,483

Import Partners

Top 10 Import Countries

Country Import USD$
United States $325,475,941
China $102,669,752
Mexico $101,900,822
Guatemala $63,426,193
Panama $29,887,042
Honduras $21,389,362
Hong Kong $19,642,040
India $12,827,073
El Salvador $12,179,006
United Kingdom $11,478,575

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

Top 10 Export Goods

HS Code Export USD$
(17) Sugar & Confectionery $78,909,289
(08) Fruit & Nuts $41,883,561
(20) Preserved Fruits & Vegetables $34,472,895
(27) Oil & Mineral Fuels $21,018,512
(03) Seafood $20,416,066
(33) Cosmetics $11,472,140
(24) Tobacco $9,847,231
(44) Wood $7,324,136
(07) Vegetables $7,277,438
(23) Animal Feeds $5,085,299

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $109,258,104
(84) Industrial Machinery $88,177,694
(85) Electrical Machinery $53,979,216
(87) Motor Vehicles & Parts $49,614,598
(24) Tobacco $44,532,795
(39) Plastics $34,037,621
(21) Prepared Foods $26,092,755
(61) Apparel: Knit $25,489,183
(73) Iron & Steel Articles $24,827,837
(62) Apparel: Non Knit $24,412,709

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 9/30/2019
Belize