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Belize Trade Summary

2015

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

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 2015

Overall Exports and Imports for Belize 2015

Exports and imports of Belize in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 314 million.
  • The total value of imports (CIF) was 996 million.
  • At the HS6 digit level, 672 products were exported to 76 countries and 3,319 products were imported from 117 countries.

Belize top 5 Export and Import partners 2015

Top five countries to which Belize exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 122 million, with a partner share of 38.92 percent.
  2. Belize exports to United Kingdom worth US$ 82 million, with a partner share of 26.09 percent.
  3. Belize exports to Ireland worth US$ 14 million, with a partner share of 4.57 percent.
  4. Belize exports to Trinidad and Tobago worth US$ 13 million, with a partner share of 4.29 percent.
  5. Belize exports to Mexico worth US$ 12 million, with a partner share of 3.89 percent.

Top five countries from which Belize imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 342 million, with a partner share of 34.37 percent.
  2. Belize imports from Mexico worth US$ 108 million, with a partner share of 10.80 percent.
  3. Belize imports from China worth US$ 101 million, with a partner share of 10.13 percent.
  4. Belize imports from Curaçao worth US$ 89 million, with a partner share of 8.96 percent.
  5. Belize imports from Guatemala worth US$ 72 million, with a partner share of 7.27 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2015

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

  1. Belize exported Raw cane sugar, in solid form , worth US$ 67,161.63 million.
  2. Belize exported Frozen orange juice, unfermented, not containin , worth US$ 41,064.55 million.
  3. Belize exported Frozen shrimps and prawns , worth US$ 28,356.96 million.
  4. Belize exported Petroleum oils and oils obtained from bituminou , worth US$ 18,190.88 million.
  5. Belize exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 8,615.00 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$ 98,260.29 million.
  2. Belize imported Cigarettes containing tobacco , worth US$ 51,996.31 million.
  3. Belize imported Other preparations of a kind used in animal fee , worth US$ 14,731.44 million.
  4. Belize imported Handbags with outer surface of plastic sheeting , worth US$ 13,391.23 million.
  5. Belize imported Butanes, liquefied , worth US$ 12,077.22 million.

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Belize in 2015 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 11.40 percent.
  • The trade weighted average tariff was 10.04 .
  • The total duty free imports in thousands of US dollars were 180,266.74 and duty free tariff line items share was 15.09 percent.

Development Indicators 2015

Key Development Indicators of Belize in 2015 are below

  • Belize GDP in current US dollar was 2,211 million.
  • GNI per capita, Atlas method (current US$) was 5,770.00 .
  • Belize Trade balance: as % of GDP was -0.93.
  • Trade balance in current US$ was -21.00 million.
  • Trade as percentage of GDP was 103.26 .
  • Trade in services as percentage of GDP was 32.44 .

Trade Indicators 2015

Trade Indicators for Belize in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 1.50.
  • World Growth in percentage was -6.30 and Belize Country Growth was -7.18 .