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Belize Trade Summary

2017

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 2017

Overall Exports and Imports for Belize 2017

Exports and imports of Belize in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 278 million.
  • The total value of imports (CIF) was 913 million.
  • At the HS6 digit level, 797 products were exported to 76 countries and 3,234 products were imported from 109 countries.

Belize top 5 Export and Import partners 2017

Top five countries to which Belize exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United Kingdom worth US$ 77 million, with a partner share of 27.65 percent.
  2. Belize exports to United States worth US$ 73 million, with a partner share of 26.30 percent.
  3. Belize exports to Jamaica worth US$ 15 million, with a partner share of 5.39 percent.
  4. Belize exports to Italy worth US$ 14 million, with a partner share of 5.11 percent.
  5. Belize exports to Barbados worth US$ 13 million, with a partner share of 4.73 percent.

Top five countries from which Belize imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 325 million, with a partner share of 35.64 percent.
  2. Belize imports from China worth US$ 103 million, with a partner share of 11.24 percent.
  3. Belize imports from Mexico worth US$ 102 million, with a partner share of 11.16 percent.
  4. Belize imports from Curaçao worth US$ 74 million, with a partner share of 8.09 percent.
  5. Belize imports from Guatemala worth US$ 63 million, with a partner share of 6.95 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2017

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 74,018.86 (US$ Thousands).
  2. Belize exported Bananas, including plantains, fresh or dried , worth 40,887.35 (US$ Thousands).
  3. Belize exported Frozen orange juice, unfermented, not containin , worth 30,445.45 (US$ Thousands).
  4. Belize exported Petroleum oils and oils obtained from bituminou , worth 11,373.07 (US$ Thousands).
  5. Belize exported Cigarettes containing tobacco , worth 9,847.23 (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 90,822.97 (US$ Thousands).
  2. Belize imported Cigarettes containing tobacco , worth 43,962.84 (US$ Thousands).
  3. Belize imported Butanes, liquefied , worth 17,265.83 (US$ Thousands).
  4. Belize imported Portland cement (excl. white) , worth 13,790.40 (US$ Thousands).
  5. Belize imported Sports footwear,with rubber or plastic soles an , worth 11,018.24 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Belize in 2017 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 11.09 percent.
  • The trade weighted average tariff was 10.39 .
  • The total duty free imports in thousands of US dollars were 164,750.61 and duty free tariff line items share was 15.73 percent.

Development Indicators 2017

Key Development Indicators of Belize in 2017 are below

  • Belize GDP in current US dollar was 2,286 million.
  • GNI per capita, Atlas method (current US$) was 5,520.00 .
  • Belize Trade balance: as % of GDP was 1.88.
  • Trade balance in current US$ was 43.00 million.
  • Trade as percentage of GDP was 96.85 .
  • Trade in services as percentage of GDP was 35.61 .

Trade Indicators 2017

Trade Indicators for Belize in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.28.
  • Index of export market penetration was 1.58.
  • World Growth in percentage was 5.17 and Belize Country Growth was 13.92 .