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Belize Trade Summary

2019

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 2019

Overall Exports and Imports for Belize 2019

Exports and imports of Belize in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 245 million.
  • The total value of imports (CIF) was 986 million.
  • At the HS6 digit level, 777 products were exported to 79 countries and 3,198 products were imported from 113 countries.

Belize top 5 Export and Import partners 2019

Top five countries to which Belize exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United Kingdom worth US$ 82 million, with a partner share of 33.48 percent.
  2. Belize exports to United States worth US$ 62 million, with a partner share of 25.37 percent.
  3. Belize exports to Ireland worth US$ 16 million, with a partner share of 6.44 percent.
  4. Belize exports to Jamaica worth US$ 15 million, with a partner share of 6.29 percent.
  5. Belize exports to Trinidad and Tobago worth US$ 10 million, with a partner share of 4.02 percent.

Top five countries from which Belize imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 436 million, with a partner share of 44.20 percent.
  2. Belize imports from China worth US$ 134 million, with a partner share of 13.60 percent.
  3. Belize imports from Mexico worth US$ 108 million, with a partner share of 10.90 percent.
  4. Belize imports from Guatemala worth US$ 76 million, with a partner share of 7.66 percent.
  5. Belize imports from Panama worth US$ 28 million, with a partner share of 2.89 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2019

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 68,181.84 (US$ Thousands).
  2. Belize exported Bananas, including plantains, fresh or dried , worth 38,769.21 (US$ Thousands).
  3. Belize exported Frozen orange juice, unfermented, not containin , worth 21,242.06 (US$ Thousands).
  4. Belize exported Petroleum oils, etc, (excl. crude); preparation , worth 11,625.07 (US$ Thousands).
  5. Belize exported Petroleum oils and oils obtained from bituminou , worth 10,162.55 (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 130,227.95 (US$ Thousands).
  2. Belize imported Cigarettes containing tobacco , worth 46,304.93 (US$ Thousands).
  3. Belize imported Butanes, liquefied , worth 16,718.89 (US$ Thousands).
  4. Belize imported Portland cement (excl. white) , worth 12,579.32 (US$ Thousands).
  5. Belize imported Other food preparations, nes , worth 10,966.41 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Belize in 2019 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 10.88 percent.
  • The trade weighted average tariff was 11.17 .
  • The total duty free imports in thousands of US dollars were 171,091.35 and duty free tariff line items share was 18.39 percent.

Development Indicators 2019

Key Development Indicators of Belize in 2019 are below

  • Belize GDP in current US dollar was 2,417 million.
  • GNI per capita, Atlas method (current US$) was 5,890.00 .
  • Belize Trade balance: as % of GDP was 1.57.
  • Trade balance in current US$ was 38.00 million.
  • Trade as percentage of GDP was 100.93 .
  • Trade in services as percentage of GDP was 37.74 .

Trade Indicators 2019

Trade Indicators for Belize in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.14.
  • Index of export market penetration was 1.54.
  • World Growth in percentage was -1.34 and Belize Country Growth was -21.11 .