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Belize Trade Summary

2002

Belize exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BELIZE 2002

Overall Exports and Imports for Belize 2002

Exports and imports of Belize in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 164 million.
  • The total value of imports (CIF) was 527 million.
  • At the HS6 digit level, 117 products were exported to 34 countries and 3,133 products were imported from 115 countries.

Belize top 5 Export and Import partners 2002

Top five countries to which Belize exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 61 million, with a partner share of 36.88 percent.
  2. Belize exports to United Kingdom worth US$ 37 million, with a partner share of 22.48 percent.
  3. Belize exports to Unspecified worth US$ 28 million, with a partner share of 17.07 percent.
  4. Belize exports to Netherlands worth US$ 14 million, with a partner share of 8.51 percent.
  5. Belize exports to Japan worth US$ 9 million, with a partner share of 5.38 percent.

Top five countries from which Belize imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 176 million, with a partner share of 33.40 percent.
  2. Belize imports from Unspecified worth US$ 146 million, with a partner share of 27.69 percent.
  3. Belize imports from Cuba worth US$ 47 million, with a partner share of 8.96 percent.
  4. Belize imports from Mexico worth US$ 38 million, with a partner share of 7.14 percent.
  5. Belize imports from Guatemala worth US$ 18 million, with a partner share of 3.41 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2002

The top five exported HS 6 digit level products to world by Belize along with trade value are:

  1. Belize exported Raw cane sugar, in solid form , worth US$ 30,993.17 million.
  2. Belize exported Frozen orange juice, unfermented, not containin , worth US$ 2,552.94 million.
  3. Belize exported Cane molasses resulting from the extraction or , worth US$ 1,339.02 million.
  4. Belize exported Baboen, Mahogany, Imbuia and Balsa wood, sawn l , worth US$ 796.72 million.
  5. Belize exported Rowing boats, canoes, sculls and other pleasure , worth US$ 436.00 million.

The top five imported HS 6 digit level products from world by Belize along with trade value are

  1. Belize imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 53,454.61 million.
  2. Belize imported Prefabricated buildings , worth US$ 6,642.48 million.
  3. Belize imported Aircraft nes of an unladen weight > 2,000 kg bu , worth US$ 6,562.12 million.
  4. Belize imported Portland cement (excl. white) , worth US$ 6,330.96 million.
  5. Belize imported Diesel powered trucks with a GVW not exceeding , worth US$ 5,865.92 million.

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Belize in 2002 are below

  • The maximum rate of tariff in percentage on any product was 91 percent.
  • The simple average tariff across all products was 12.99 percent.
  • The trade weighted average tariff was 11.65 .
  • The total duty free imports in thousands of US dollars were 45,168.90 and duty free tariff line items share was 8.25 percent.

Development Indicators 2002

Key Development Indicators of Belize in 2002 are below

  • Belize GDP in current US dollar was 1,233 million.
  • GNI per capita, Atlas method (current US$) was 4,490.00 .
  • Belize Trade balance: as % of GDP was -5.88.
  • Trade balance in current US$ was -73.00 million.
  • Trade as percentage of GDP was 93.88 .
  • Trade in services as percentage of GDP was 25.47 .

Trade Indicators 2002

Trade Indicators for Belize in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.24.
  • Index of export market penetration was 1.42.
  • World Growth in percentage was 2.45 and Belize Country Growth was -16.27 .