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Belize Trade Summary

2010

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 2010

Overall Exports and Imports for Belize 2010

Exports and imports of Belize in 2010 are below, along with number of countries and products

  • The total value of exports (FoB) was 305 million.
  • The total value of imports (CIF) was 706 million.
  • At the HS6 digit level, 465 products were exported to 66 countries and 2,938 products were imported from 106 countries.

Belize top 5 Export and Import partners 2010

Top five countries to which Belize exported in 2010 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 143 million, with a partner share of 46.83 percent.
  2. Belize exports to United Kingdom worth US$ 69 million, with a partner share of 22.48 percent.
  3. Belize exports to Guatemala worth US$ 25 million, with a partner share of 8.19 percent.
  4. Belize exports to Costa Rica worth US$ 14 million, with a partner share of 4.43 percent.
  5. Belize exports to Netherlands worth US$ 11 million, with a partner share of 3.45 percent.

Top five countries from which Belize imported goods in 2010 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 242 million, with a partner share of 34.22 percent.
  2. Belize imports from Netherlands Antilles worth US$ 96 million, with a partner share of 13.62 percent.
  3. Belize imports from China worth US$ 75 million, with a partner share of 10.55 percent.
  4. Belize imports from Mexico worth US$ 69 million, with a partner share of 9.81 percent.
  5. Belize imports from Guatemala worth US$ 55 million, with a partner share of 7.79 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2010

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 100,422.07 (US$ Thousands).
  2. Belize exported Bananas, including plantains, fresh or dried , worth 35,672.05 (US$ Thousands).
  3. Belize exported Frozen orange juice, unfermented, not containin , worth 32,011.75 (US$ Thousands).
  4. Belize exported Raw cane sugar, in solid form , worth 29,360.52 (US$ Thousands).
  5. Belize exported Frozen shrimps and prawns , worth 14,865.91 (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 101,182.30 (US$ Thousands).
  2. Belize imported Portland cement (excl. white) , worth 9,789.73 (US$ Thousands).
  3. Belize imported Cartons, boxes and cases, of corrugated paper o , worth 9,638.67 (US$ Thousands).
  4. Belize imported Petroleum gases and other gaseous hydrocarbons, , worth 8,360.42 (US$ Thousands).
  5. Belize imported Durum wheat , worth 6,655.98 (US$ Thousands).

Exports and Imports of Product Groups 2010

Exports and imports of products by stages of processing in 2010 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2010

Tariffs imposed by Belize in 2010 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 12.57 percent.
  • The trade weighted average tariff was 11.73 .
  • The total duty free imports in thousands of US dollars were 87,683.46 and duty free tariff line items share was 12.32 percent.

Development Indicators 2010

Key Development Indicators of Belize in 2010 are below

  • Belize GDP in current US dollar was 1,739 million.
  • GNI per capita, Atlas method (current US$) was 5,000.00 .
  • Belize Trade balance: as % of GDP was 6.44.
  • Trade balance in current US$ was 112.00 million.
  • Trade as percentage of GDP was 95.43 .
  • Trade in services as percentage of GDP was 29.69 .

Trade Indicators 2010

Trade Indicators for Belize in 2010 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 1.45.
  • World Growth in percentage was 10.04 and Belize Country Growth was -53.74 .