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Belize Trade Summary

2007

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 2007

Overall Exports and Imports for Belize 2007

Exports and imports of Belize in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 267 million.
  • The total value of imports (CIF) was 684 million.
  • At the HS6 digit level, 394 products were exported to 60 countries and 3,014 products were imported from 101 countries.

Belize top 5 Export and Import partners 2007

Top five countries to which Belize exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 71 million, with a partner share of 26.79 percent.
  2. Belize exports to United Kingdom worth US$ 48 million, with a partner share of 18.00 percent.
  3. Belize exports to Panama worth US$ 38 million, with a partner share of 14.28 percent.
  4. Belize exports to Costa Rica worth US$ 32 million, with a partner share of 11.83 percent.
  5. Belize exports to Netherlands worth US$ 21 million, with a partner share of 7.76 percent.

Top five countries from which Belize imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 232 million, with a partner share of 33.92 percent.
  2. Belize imports from Cuba worth US$ 78 million, with a partner share of 11.41 percent.
  3. Belize imports from Panama worth US$ 67 million, with a partner share of 9.75 percent.
  4. Belize imports from Mexico worth US$ 66 million, with a partner share of 9.62 percent.
  5. Belize imports from Guatemala worth US$ 47 million, with a partner share of 6.88 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2007

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

  1. Belize exported Petroleum oils and oils obtained from bituminou , worth 71,606.45 (US$ Thousands).
  2. Belize exported Frozen orange juice, unfermented, not containin , worth 52,177.04 (US$ Thousands).
  3. Belize exported Raw cane sugar, in solid form , worth 44,070.99 (US$ Thousands).
  4. Belize exported Bananas, including plantains, fresh or dried , worth 20,740.28 (US$ Thousands).
  5. Belize exported Papaws (papayas), fresh , worth 13,101.22 (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 98,015.92 (US$ Thousands).
  2. Belize imported Petroleum gases and other gaseous hydrocarbons, , worth 11,021.09 (US$ Thousands).
  3. Belize imported Diesel powered trucks with a GVW not exceeding , worth 10,366.85 (US$ Thousands).
  4. Belize imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 7,208.64 (US$ Thousands).
  5. Belize imported Portland cement (excl. white) , worth 7,056.12 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Belize in 2007 are below

  • The maximum rate of tariff in percentage on any product was 50 percent.
  • The simple average tariff across all products was 11.60 percent.
  • The trade weighted average tariff was 9.27 .
  • The total duty free imports in thousands of US dollars were 80,192 and duty free tariff line items share was 12.74 percent.

Development Indicators 2007

Key Development Indicators of Belize in 2007 are below

  • Belize GDP in current US dollar was 1,696 million.
  • GNI per capita, Atlas method (current US$) was 5,150.00 .
  • Belize Trade balance: as % of GDP was 5.25.
  • Trade balance in current US$ was 89.00 million.
  • Trade as percentage of GDP was 96.52 .
  • Trade in services as percentage of GDP was 33.50 .

Trade Indicators 2007

Trade Indicators for Belize in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 1.46.
  • World Growth in percentage was 183.19 and Belize Country Growth was -1.82 .