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Belize: Trade Statistics

Exporter Rank

132 / 146

Importer Rank

133 / 145

Trade Balance Rank

58 / 145

Total Trade [1]

Total Exports (2016) $246,162,629
Total Imports (2016) $952,493,786
Trade Balance (2016) ($706,331,157)
Exports of goods and services (% of GDP) (2017) [2] 52.01%
Imports of goods and services (% of GDP) (2017) [2] 60.83%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $81,700,889
United Kingdom $69,838,734
Jamaica $13,879,580
Netherlands $11,522,216
Ireland $11,280,906
Trinidad and Tobago $9,845,531
Spain $5,169,799
Guatemala $4,706,891
Panama $4,241,978
Honduras $3,739,583

Import Partners

Top 10 Import Countries

Country Import USD$
United States $356,463,357
China $111,649,658
Mexico $103,326,309
Guatemala $66,918,958
Panama $31,811,041
Honduras $17,054,895
Hong Kong $15,978,620
India $12,807,179
United Kingdom $12,461,726
Costa Rica $11,850,664

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

Top 10 Export Goods

HS Code Export USD$
(17) Sugar & Confectionery $54,975,654
(20) Preserved Fruits & Vegetables $45,198,027
(08) Fruit & Nuts $38,340,119
(03) Seafood $21,457,421
(27) Oil & Mineral Fuels $17,742,989
(07) Vegetables $7,704,843
(44) Wood $5,941,855
(24) Tobacco $5,629,424
(33) Cosmetics $5,459,040
(23) Animal Feeds $5,141,486

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $98,912,933
(27) Oil & Mineral Fuels $95,679,868
(85) Electrical Machinery $67,032,771
(87) Motor Vehicles & Parts $66,397,736
(24) Tobacco $49,617,060
(39) Plastics $38,218,965
(62) Apparel: Non Knit $27,058,077
(73) Iron & Steel Articles $26,795,948
(21) Prepared Foods $24,856,293
(42) Leather Products $23,651,273

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 9/22/2018
Belize