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Belize Trade Summary

2003

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 2003

Overall Exports and Imports for Belize 2003

Exports and imports of Belize in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 202 million.
  • The total value of imports (CIF) was 523 million.
  • At the HS6 digit level, 342 products were exported to 53 countries and 3,091 products were imported from 110 countries.

Belize top 5 Export and Import partners 2003

Top five countries to which Belize exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 113 million, with a partner share of 56.07 percent.
  2. Belize exports to United Kingdom worth US$ 47 million, with a partner share of 23.25 percent.
  3. Belize exports to Jamaica worth US$ 9 million, with a partner share of 4.69 percent.
  4. Belize exports to Netherlands worth US$ 6 million, with a partner share of 3.15 percent.
  5. Belize exports to Trinidad and Tobago worth US$ 6 million, with a partner share of 3.01 percent.

Top five countries from which Belize imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 236 million, with a partner share of 45.06 percent.
  2. Belize imports from Panama worth US$ 54 million, with a partner share of 10.36 percent.
  3. Belize imports from Mexico worth US$ 44 million, with a partner share of 8.33 percent.
  4. Belize imports from Netherlands Antilles worth US$ 29 million, with a partner share of 5.58 percent.
  5. Belize imports from Guatemala worth US$ 22 million, with a partner share of 4.17 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2003

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

  1. Belize exported Frozen shrimps and prawns , worth 46,381.15 (US$ Thousands).
  2. Belize exported Raw cane sugar, in solid form , worth 35,613.45 (US$ Thousands).
  3. Belize exported Frozen orange juice, unfermented, not containin , worth 33,508.32 (US$ Thousands).
  4. Belize exported Bananas, including plantains, fresh or dried , worth 26,289.61 (US$ Thousands).
  5. Belize exported Men's or boys' coats, etc, of wool..., knitted , worth 13,469.53 (US$ Thousands).

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 33,694.21 (US$ Thousands).
  2. Belize imported Printed books, brochures, leaflets and similar , worth 14,769.79 (US$ Thousands).
  3. Belize imported Other preparations of a kind used in animal fee , worth 6,145.37 (US$ Thousands).
  4. Belize imported Diesel powered trucks with a GVW not exceeding , worth 6,115.64 (US$ Thousands).
  5. Belize imported Portland cement (excl. white) , worth 6,105.95 (US$ Thousands).

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Belize in 2003 are below

  • The maximum rate of tariff in percentage on any product was 91 percent.
  • The simple average tariff across all products was 12.85 percent.
  • The trade weighted average tariff was 11.35 .
  • The total duty free imports in thousands of US dollars were 63,079.96 and duty free tariff line items share was 8.55 percent.

Development Indicators 2003

Key Development Indicators of Belize in 2003 are below

  • Belize GDP in current US dollar was 1,298 million.
  • GNI per capita, Atlas method (current US$) was 4,760.00 .
  • Belize Trade balance: as % of GDP was -5.28.
  • Trade balance in current US$ was -69.00 million.
  • Trade as percentage of GDP was 95.11 .
  • Trade in services as percentage of GDP was 27.47 .

Trade Indicators 2003

Trade Indicators for Belize in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.20.
  • Index of export market penetration was 1.43.
  • World Growth in percentage was 7.11 and Belize Country Growth was 20.30 .