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Belize Trade Summary

2008

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 2008

Overall Exports and Imports for Belize 2008

Exports and imports of Belize in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 295 million.
  • The total value of imports (CIF) was 837 million.
  • At the HS6 digit level, 157 products were exported to 42 countries and 3,021 products were imported from 112 countries.

Belize top 5 Export and Import partners 2008

Top five countries to which Belize exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 133 million, with a partner share of 44.97 percent.
  2. Belize exports to United Kingdom worth US$ 58 million, with a partner share of 19.63 percent.
  3. Belize exports to Costa Rica worth US$ 50 million, with a partner share of 16.84 percent.
  4. Belize exports to Netherlands worth US$ 9 million, with a partner share of 2.99 percent.
  5. Belize exports to Trinidad and Tobago worth US$ 8 million, with a partner share of 2.65 percent.

Top five countries from which Belize imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 286 million, with a partner share of 34.19 percent.
  2. Belize imports from Netherlands Antilles worth US$ 100 million, with a partner share of 11.94 percent.
  3. Belize imports from Mexico worth US$ 79 million, with a partner share of 9.38 percent.
  4. Belize imports from Panama worth US$ 74 million, with a partner share of 8.90 percent.
  5. Belize imports from China worth US$ 68 million, with a partner share of 8.14 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2008

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 118,279.55 (US$ Thousands).
  2. Belize exported Frozen orange juice, unfermented, not containin , worth 46,464.72 (US$ Thousands).
  3. Belize exported Raw cane sugar, in solid form , worth 35,691.78 (US$ Thousands).
  4. Belize exported Bananas, including plantains, fresh or dried , worth 33,381.60 (US$ Thousands).
  5. Belize exported Papaws (papayas), fresh , worth 11,271.91 (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 120,627.09 (US$ Thousands).
  2. Belize imported Petroleum gases and other gaseous hydrocarbons, , worth 14,350.18 (US$ Thousands).
  3. Belize imported Diesel powered trucks with a GVW not exceeding , worth 11,301.95 (US$ Thousands).
  4. Belize imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 11,297.36 (US$ Thousands).
  5. Belize imported Durum wheat , worth 9,596.11 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Belize in 2008 are below

  • The maximum rate of tariff in percentage on any product was 50 percent.
  • The simple average tariff across all products was 11.73 percent.
  • The trade weighted average tariff was 8.96 .
  • The total duty free imports in thousands of US dollars were 94,019.08 and duty free tariff line items share was 12.36 percent.

Development Indicators 2008

Key Development Indicators of Belize in 2008 are below

  • Belize GDP in current US dollar was 1,729 million.
  • GNI per capita, Atlas method (current US$) was 5,120.00 .
  • Belize Trade balance: as % of GDP was 2.23.
  • Trade balance in current US$ was 39.00 million.
  • Trade as percentage of GDP was 106.04 .
  • Trade in services as percentage of GDP was 32.17 .

Trade Indicators 2008

Trade Indicators for Belize in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.60.
  • Index of export market penetration was 1.44.
  • World Growth in percentage was -59.29 and Belize Country Growth was 138.48 .