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Belize Trade Summary

2016

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 2016

Overall Exports and Imports for Belize 2016

Exports and imports of Belize in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 246 million.
  • The total value of imports (CIF) was 952 million.
  • At the HS6 digit level, 771 products were exported to 69 countries and 3,303 products were imported from 111 countries.

Belize top 5 Export and Import partners 2016

Top five countries to which Belize exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 82 million, with a partner share of 33.19 percent.
  2. Belize exports to United Kingdom worth US$ 70 million, with a partner share of 28.37 percent.
  3. Belize exports to Jamaica worth US$ 14 million, with a partner share of 5.64 percent.
  4. Belize exports to Netherlands worth US$ 12 million, with a partner share of 4.68 percent.
  5. Belize exports to Ireland worth US$ 11 million, with a partner share of 4.58 percent.

Top five countries from which Belize imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 356 million, with a partner share of 37.42 percent.
  2. Belize imports from China worth US$ 112 million, with a partner share of 11.72 percent.
  3. Belize imports from Mexico worth US$ 103 million, with a partner share of 10.85 percent.
  4. Belize imports from Curaçao worth US$ 71 million, with a partner share of 7.42 percent.
  5. Belize imports from Guatemala worth US$ 67 million, with a partner share of 7.03 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2016

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 51,439.38 (US$ Thousands).
  2. Belize exported Frozen orange juice, unfermented, not containin , worth 39,323.74 (US$ Thousands).
  3. Belize exported Petroleum oils and oils obtained from bituminou , worth 11,241.53 (US$ Thousands).
  4. Belize exported Petroleum oils, etc, (excl. crude); preparation , worth 6,470.45 (US$ Thousands).
  5. Belize exported Frozen shrimps and prawns , worth 6,341.31 (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 81,161.97 (US$ Thousands).
  2. Belize imported Cigarettes containing tobacco , worth 47,770.70 (US$ Thousands).
  3. Belize imported Parts of electrical apparatus for line telephon , worth 13,526.80 (US$ Thousands).
  4. Belize imported Diesel powered trucks with a GVW not exceeding , worth 13,178.07 (US$ Thousands).
  5. Belize imported Butanes, liquefied , worth 12,773.16 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Belize in 2016 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 10.97 percent.
  • The trade weighted average tariff was 10.52 .
  • The total duty free imports in thousands of US dollars were 164,969.28 and duty free tariff line items share was 16.99 percent.

Development Indicators 2016

Key Development Indicators of Belize in 2016 are below

  • Belize GDP in current US dollar was 2,259 million.
  • GNI per capita, Atlas method (current US$) was 5,650.00 .
  • Belize Trade balance: as % of GDP was -1.86.
  • Trade balance in current US$ was -42.00 million.
  • Trade as percentage of GDP was 95.68 .
  • Trade in services as percentage of GDP was 32.83 .

Trade Indicators 2016

Trade Indicators for Belize in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 1.58.
  • World Growth in percentage was -1.35 and Belize Country Growth was -2.30 .