Overall Exports and Imports for Belize 2023
- The total value of exports (FOB) is US$ 253 million.
- The total value of imports (CIF) is US$ 1,337 million.
- At the HS6 digit level, 697 products are exported to 76 countries and 3,179 products are imported from 115 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Belize along with trade value are:
- Belize exported Raw cane sugar, in solid form , worth 78,974.86 (US$ Thousands).
- Belize exported Bananas, including plantains, fresh or dried , worth 32,176.03 (US$ Thousands).
- Belize exported Petroleum oils, etc, (excl. crude); preparation , worth 20,893.95 (US$ Thousands).
- Belize exported Brans, sharps and other residues of maize , worth 16,419.60 (US$ Thousands).
- Belize exported Cigarettes containing tobacco , worth 14,195.88 (US$ Thousands).
The top five imported HS 6 digit level products from world by Belize along with trade value are
- Belize imported Petroleum oils, etc, (excl. crude); preparation , worth 177,701.43 (US$ Thousands).
- Belize imported Cigarettes containing tobacco , worth 51,589.41 (US$ Thousands).
- Belize imported Sports footwear,with rubber or plastic soles an , worth 25,301.34 (US$ Thousands).
- Belize imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 14,183.69 (US$ Thousands).
- Belize imported Other food preparations, nes , worth 14,018.12 (US$ Thousands).
Belize top 5 Export and Import partners 2023
The top five countries to which Belize exported 2023 along with the partner share in percentage are:
- Belize exports to United States worth US$ 71 million, with a partner share of 28.05 percent.
- Belize exports to United Kingdom worth US$ 44 million, with a partner share of 17.32 percent.
- Belize exports to Guatemala worth US$ 22 million, with a partner share of 8.69 percent.
- Belize exports to Spain worth US$ 19 million, with a partner share of 7.40 percent.
- Belize exports to Trinidad and Tobago worth US$ 16 million, with a partner share of 6.12 percent.
The top five countries to which Belize imported goods 2023 along with the share in percentage are
- Belize imports from United States worth US$ 561 million, with a partner share of 41.98 percent.
- Belize imports from China worth US$ 230 million, with a partner share of 17.16 percent.
- Belize imports from Mexico worth US$ 127 million, with a partner share of 9.50 percent.
- Belize imports from Guatemala worth US$ 126 million, with a partner share of 9.45 percent.
- Belize imports from Trinidad and Tobago worth US$ 22 million, with a partner share of 1.65 percent.
Belize Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Belize Raw materials exports are worth US$ 71 million, product share of 28.13%.
- Belize Raw materials imports are worth US$ 32 million, product share of 2.38%.
- Belize Intermediate goods exports are worth US$ 107 million, product share of 42.28%.
- Belize Intermediate goods imports are worth US$ 209 million, product share of 15.64%.
- Belize Consumer goods exports are worth US$ 68 million, product share of 26.91%.
- Belize Consumer goods imports are worth US$ 834 million, product share of 62.38%.
- Belize Capital goods exports are worth US$ 6 million, product share of 2.31%.
- Belize Capital goods imports are worth US$ 258 million, product share of 19.30%.
Belize Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.09.
- Index of export market penetration is 0.09.
- World Growth in percentage is 0.09 and Belize Country Growth is -4.32.
Belize Service Trade data from WDI 2023
- Belize, Service imports (BoP, current US$) is 307,792,287.25.
- Belize, Service exports (BoP, current US$) is 1,048,000,701.14.
- Belize, Imports of goods and services as percentage of GDP is 51.24 %.
- Belize, Exports of goods and services as percentage of GDP is 55.29 %.