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Belize Trade Summary

2018

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


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TRADE SUMMARY FOR BELIZE 2018

Overall Exports and Imports for Belize 2018

Exports and imports of Belize in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 241 million.
  • The total value of imports (CIF) was 958 million.
  • At the HS6 digit level, 789 products were exported to 72 countries and 3,206 products were imported from 116 countries.

Belize top 5 Export and Import partners 2018

Top five countries to which Belize exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Belize exports to United States worth US$ 75 million, with a partner share of 31.33 percent.
  2. Belize exports to United Kingdom worth US$ 72 million, with a partner share of 30.07 percent.
  3. Belize exports to Jamaica worth US$ 15 million, with a partner share of 6.19 percent.
  4. Belize exports to Ireland worth US$ 13 million, with a partner share of 5.30 percent.
  5. Belize exports to Barbados worth US$ 10 million, with a partner share of 4.27 percent.

Top five countries from which Belize imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Belize imports from United States worth US$ 407 million, with a partner share of 42.52 percent.
  2. Belize imports from China worth US$ 115 million, with a partner share of 12.01 percent.
  3. Belize imports from Mexico worth US$ 103 million, with a partner share of 10.75 percent.
  4. Belize imports from Guatemala worth US$ 71 million, with a partner share of 7.44 percent.
  5. Belize imports from Panama worth US$ 30 million, with a partner share of 3.11 percent.

Belize Top 5 Productsexports imports at HS 6 digit level 2018

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$ 56,355.43 million.
  2. Belize exported Bananas, including plantains, fresh or dried , worth US$ 37,136.43 million.
  3. Belize exported Frozen orange juice, unfermented, not containin , worth US$ 29,142.28 million.
  4. Belize exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 13,363.34 million.
  5. Belize exported Petroleum oils and oils obtained from bituminou , worth US$ 12,324.28 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$ 120,923.39 million.
  2. Belize imported Cigarettes containing tobacco , worth US$ 47,740.17 million.
  3. Belize imported Butanes, liquefied , worth US$ 20,048.82 million.
  4. Belize imported Portland cement (excl. white) , worth US$ 13,092.17 million.
  5. Belize imported Transmission apparatus, for radioteleph incorpo , worth US$ 11,123.77 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Belize in 2018 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 10.87 percent.
  • The trade weighted average tariff was 11.08 .
  • The total duty free imports in thousands of US dollars were 168,317.13 and duty free tariff line items share was 16.79 percent.

Development Indicators 2018

Key Development Indicators of Belize in 2018 are below

  • Belize GDP in current US dollar was 1,871 million.
  • GNI per capita, Atlas method (current US$) was 4,470.00 .
  • Belize Trade balance: as % of GDP was -0.31.
  • Trade balance in current US$ was -6.00 million.
  • Trade as percentage of GDP was 115.71 .
  • Trade in services as percentage of GDP was 45.82 .

Trade Indicators 2018

Trade Indicators for Belize in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.29.
  • Index of export market penetration was 1.52.
  • World Growth in percentage was 3.50 and Belize Country Growth was -5.85 .