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Belize Trade Summary

2011

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 2011

Overall Exports and Imports for Belize 2011

Exports and imports of Belize in 2011 are below, along with number of countries and products

  • The total value of exports (FoB) was 379 million.
  • The total value of imports (CIF) was 800 million.
  • At the HS6 digit level, 595 products were exported to 56 countries and 2,961 products were imported from 107 countries.

Belize top 5 Export and Import partners 2011

Top five countries to which Belize exported in 2011 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 222 million, with a partner share of 58.40 percent.
  2. Belize exports to United Kingdom worth US$ 60 million, with a partner share of 15.90 percent.
  3. Belize exports to Guatemala worth US$ 26 million, with a partner share of 6.83 percent.
  4. Belize exports to Dominican Republic worth US$ 11 million, with a partner share of 2.79 percent.
  5. Belize exports to Jamaica worth US$ 10 million, with a partner share of 2.68 percent.

Top five countries from which Belize imported goods in 2011 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 254 million, with a partner share of 31.79 percent.
  2. Belize imports from China worth US$ 117 million, with a partner share of 14.68 percent.
  3. Belize imports from Curaçao worth US$ 105 million, with a partner share of 13.09 percent.
  4. Belize imports from Mexico worth US$ 73 million, with a partner share of 9.10 percent.
  5. Belize imports from Guatemala worth US$ 55 million, with a partner share of 6.82 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2011

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 146,043.73 (US$ Thousands).
  2. Belize exported Frozen orange juice, unfermented, not containin , worth 43,442.24 (US$ Thousands).
  3. Belize exported Raw cane sugar, in solid form , worth 35,824.87 (US$ Thousands).
  4. Belize exported Bananas, including plantains, fresh or dried , worth 33,902.89 (US$ Thousands).
  5. Belize exported Papaws (papayas), fresh , worth 12,993.36 (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 113,256.09 (US$ Thousands).
  2. Belize imported Portland cement (excl. white) , worth 11,898.53 (US$ Thousands).
  3. Belize imported Cartons, boxes and cases, of corrugated paper o , worth 9,752.33 (US$ Thousands).
  4. Belize imported Petroleum gases and other gaseous hydrocarbons, , worth 8,613.02 (US$ Thousands).
  5. Belize imported Diesel powered trucks with a GVW not exceeding , worth 7,515.65 (US$ Thousands).

Exports and Imports of Product Groups 2011

Exports and imports of products by stages of processing in 2011 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2011

Tariffs imposed by Belize in 2011 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 11.64 percent.
  • The trade weighted average tariff was 8.47 .
  • The total duty free imports in thousands of US dollars were 125,424.93 and duty free tariff line items share was 15.40 percent.

Development Indicators 2011

Key Development Indicators of Belize in 2011 are below

  • Belize GDP in current US dollar was 1,820 million.
  • GNI per capita, Atlas method (current US$) was 5,090.00 .
  • Belize Trade balance: as % of GDP was 6.57.
  • Trade balance in current US$ was 120.00 million.
  • Trade as percentage of GDP was 107.64 .
  • Trade in services as percentage of GDP was 28.10 .

Trade Indicators 2011

Trade Indicators for Belize in 2011 are below

  • Hirschman Herfindahl market concentration index was 0.24.
  • Index of export market penetration was 1.48.
  • World Growth in percentage was 9.23 and Belize Country Growth was 46.13 .