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Belize Trade Summary

2006

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 2006

Overall Exports and Imports for Belize 2006

Exports and imports of Belize in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 274 million.
  • The total value of imports (CIF) was 660 million.
  • At the HS6 digit level, 405 products were exported to 56 countries and 3,073 products were imported from 94 countries.

Belize top 5 Export and Import partners 2006

Top five countries to which Belize exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 115 million, with a partner share of 42.00 percent.
  2. Belize exports to United Kingdom worth US$ 44 million, with a partner share of 16.15 percent.
  3. Belize exports to Costa Rica worth US$ 22 million, with a partner share of 7.85 percent.
  4. Belize exports to Netherlands worth US$ 16 million, with a partner share of 5.83 percent.
  5. Belize exports to Jamaica worth US$ 11 million, with a partner share of 4.06 percent.

Top five countries from which Belize imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 256 million, with a partner share of 38.83 percent.
  2. Belize imports from Netherlands Antilles worth US$ 70 million, with a partner share of 10.67 percent.
  3. Belize imports from Panama worth US$ 64 million, with a partner share of 9.62 percent.
  4. Belize imports from Mexico worth US$ 60 million, with a partner share of 9.16 percent.
  5. Belize imports from Guatemala worth US$ 43 million, with a partner share of 6.48 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2006

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 50,032.53 (US$ Thousands).
  2. Belize exported Petroleum oils and oils obtained from bituminou , worth 44,385.15 (US$ Thousands).
  3. Belize exported Frozen orange juice, unfermented, not containin , worth 43,677.92 (US$ Thousands).
  4. Belize exported Frozen shrimps and prawns , worth 31,259.92 (US$ Thousands).
  5. Belize exported Bananas, including plantains, fresh or dried , worth 25,295.82 (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 96,580.65 (US$ Thousands).
  2. Belize imported Whiskeys , worth 7,534.28 (US$ Thousands).
  3. Belize imported Portland cement (excl. white) , worth 6,700.68 (US$ Thousands).
  4. Belize imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 6,355.69 (US$ Thousands).
  5. Belize imported Diesel powered trucks with a GVW not exceeding , worth 5,935.45 (US$ Thousands).

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Belize in 2006 are below

  • The maximum rate of tariff in percentage on any product was 70 percent.
  • The simple average tariff across all products was 11.78 percent.
  • The trade weighted average tariff was 9.57 .
  • The total duty free imports in thousands of US dollars were 71,871.12 and duty free tariff line items share was 13.47 percent.

Development Indicators 2006

Key Development Indicators of Belize in 2006 are below

  • Belize GDP in current US dollar was 1,581 million.
  • GNI per capita, Atlas method (current US$) was 5,110.00 .
  • Belize Trade balance: as % of GDP was 4.74.
  • Trade balance in current US$ was 75.00 million.
  • Trade as percentage of GDP was 99.49 .
  • Trade in services as percentage of GDP was 32.84 .

Trade Indicators 2006

Trade Indicators for Belize in 2006 are below

  • Hirschman Herfindahl market concentration index was 0.22.
  • Index of export market penetration was 1.46.
  • World Growth in percentage was 7.66 and Belize Country Growth was 17.09 .