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Belize Trade Summary

2012

Belize exports, imports, tariff by year.
Belize monthly trade data
Belize quarterly trade data

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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.

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TRADE SUMMARY FOR BELIZE 2012

Overall Exports and Imports for Belize 2012

Exports and imports of Belize in 2012 are below, along with number of countries and products

  • The total value of exports (FoB) was 401 million.
  • The total value of imports (CIF) was 843 million.
  • At the HS6 digit level, 521 products were exported to 67 countries and 3,115 products were imported from 113 countries.

Belize top 5 Export and Import partners 2012

Top five countries to which Belize exported in 2012 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 183 million, with a partner share of 45.55 percent.
  2. Belize exports to United Kingdom worth US$ 78 million, with a partner share of 19.33 percent.
  3. Belize exports to Netherlands worth US$ 26 million, with a partner share of 6.46 percent.
  4. Belize exports to Guatemala worth US$ 23 million, with a partner share of 5.68 percent.
  5. Belize exports to Trinidad and Tobago worth US$ 16 million, with a partner share of 4.04 percent.

Top five countries from which Belize imported goods in 2012 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 30.15 percent.
  2. Belize imports from Curaçao worth US$ 118 million, with a partner share of 13.95 percent.
  3. Belize imports from China worth US$ 109 million, with a partner share of 12.98 percent.
  4. Belize imports from Mexico worth US$ 91 million, with a partner share of 10.80 percent.
  5. Belize imports from Guatemala worth US$ 57 million, with a partner share of 6.81 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2012

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 US$ 93,150.49 million.
  2. Belize exported Frozen orange juice, unfermented, not containin , worth US$ 65,631.48 million.
  3. Belize exported Raw cane sugar, in solid form , worth US$ 53,796.83 million.
  4. Belize exported Bananas, including plantains, fresh or dried , worth US$ 46,301.66 million.
  5. Belize exported Frozen shrimps and prawns , worth US$ 14,135.70 million.

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 US$ 123,299.21 million.
  2. Belize imported Portland cement (excl. white) , worth US$ 11,503.37 million.
  3. Belize imported Durum wheat , worth US$ 9,533.98 million.
  4. Belize imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 9,006.59 million.
  5. Belize imported Mineral or chemical fertilizers with nitrogen, , worth US$ 7,783.54 million.

Exports and Imports of Product Groups 2012

Exports and imports of products by stages of processing in 2012 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2012

Tariffs imposed by Belize in 2012 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 11.23 percent.
  • The trade weighted average tariff was 8.16 .
  • The total duty free imports in thousands of US dollars were 145,965.16 and duty free tariff line items share was 15.48 percent.

Development Indicators 2012

Key Development Indicators of Belize in 2012 are below

  • Belize GDP in current US dollar was 1,903 million.
  • GNI per capita, Atlas method (current US$) was 5,250.00 .
  • Belize Trade balance: as % of GDP was 7.54.
  • Trade balance in current US$ was 144.00 million.
  • Trade as percentage of GDP was 112.01 .
  • Trade in services as percentage of GDP was 31.25 .

Trade Indicators 2012

Trade Indicators for Belize in 2012 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 1.48.
  • World Growth in percentage was -0.02 and Belize Country Growth was -22.87 .