Belize

Compare Belize →

BZ · BLZ · BACI 84 · latest data 2024

Exports

$424M USD, nominal · 2024

= $424 M17.5% over 5 yrs (up)

Imports

$1.6B USD, nominal · 2024

= $1,618 M34.9% over 5 yrs (up)

Trade balancedeficit

−$1.2B USD, nominal · 2024

= −$1,195 M

Total trade

$2.0B USD, nominal · 2024

= $2,042 M30.9% over 5 yrs (up)

World position: #169 of 225 exporters · bottom half · #171 of 225 importers · bottom half · 2024
World export share since 1995: ±0.0 pp

Trade timeline

Belize's exports grew from $260M in 1995 to $424M in 2024; the 2024 balance was −$1.2B.

Loading trade timeline…

View timeline table

Exports, imports, trade balance and total trade of Belize per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$260 M	$382 M	−$121 M	$642 M
1996	$292 M	$404 M	−$112 M	$697 M
1997	$315 M	$454 M	−$139 M	$768 M
1998	$329 M	$430 M	−$101 M	$759 M
1999	$443 M	$469 M	−$26 M	$911 M
2000	$371 M	$584 M	−$214 M	$955 M
2001	$275 M	$563 M	−$288 M	$838 M
2002	$192 M	$536 M	−$344 M	$727 M
2003	$314 M	$523 M	−$209 M	$837 M
2004	$342 M	$559 M	−$218 M	$901 M
2005	$374 M	$696 M	−$322 M	$1,070 M
2006	$492 M	$736 M	−$244 M	$1,228 M
2007	$494 M	$833 M	−$339 M	$1,327 M
2008	$2,466 M	$1,194 M	$1,272 M	$3,660 M
2009	$1,948 M	$1,340 M	$607 M	$3,288 M
2010	$423 M	$880 M	−$457 M	$1,303 M
2011	$916 M	$3,746 M	−$2,830 M	$4,661 M
2012	$573 M	$1,413 M	−$840 M	$1,985 M
2013	$591 M	$1,300 M	−$709 M	$1,891 M
2014	$588 M	$1,299 M	−$711 M	$1,886 M
2015	$517 M	$1,256 M	−$739 M	$1,772 M
2016	$487 M	$1,153 M	−$666 M	$1,640 M
2017	$434 M	$1,273 M	−$839 M	$1,708 M
2018	$403 M	$1,149 M	−$747 M	$1,552 M
2019	$361 M	$1,199 M	−$839 M	$1,560 M
2020	$465 M	$1,024 M	−$558 M	$1,489 M
2021	$438 M	$1,254 M	−$816 M	$1,692 M
2022	$437 M	$1,754 M	−$1,317 M	$2,191 M
2023	$386 M	$1,716 M	−$1,329 M	$2,102 M
2024	$424 M	$1,618 M	−$1,195 M	$2,042 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #139 → #169.

Loading world share and rank…

View share & rank table

World export and import share in percent, and world ranks, of Belize per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.01%	0.01%	#139	#150
1996	0.01%	0.01%	#142	#154
1997	0.01%	0.01%	#142	#152
1998	0.01%	0.01%	#143	#154
1999	0.01%	0.01%	#140	#157
2000	0.01%	0.01%	#150	#159
2001	0.00%	0.01%	#157	#157
2002	0.00%	0.01%	#166	#163
2003	0.00%	0.01%	#162	#170
2004	0.00%	0.01%	#163	#170
2005	0.00%	0.01%	#164	#171
2006	0.00%	0.01%	#163	#173
2007	0.00%	0.01%	#164	#174
2008	0.02%	0.01%	#127	#172
2009	0.02%	0.01%	#129	#169
2010	0.00%	0.01%	#169	#177
2011	0.01%	0.02%	#161	#149
2012	0.00%	0.01%	#174	#176
2013	0.00%	0.01%	#173	#174
2014	0.00%	0.01%	#173	#176
2015	0.00%	0.01%	#169	#174
2016	0.00%	0.01%	#171	#174
2017	0.00%	0.01%	#170	#175
2018	0.00%	0.01%	#170	#175
2019	0.00%	0.01%	#173	#175
2020	0.00%	0.01%	#169	#176
2021	0.00%	0.01%	#169	#175
2022	0.00%	0.01%	#171	#170
2023	0.00%	0.01%	#172	#169
2024	0.00%	0.01%	#169	#171

30 rows

Trading partners

United States was Belize's top trading partner in 2024, at 37.5% of total trade; the top five partners covered 70.9%.

Year

Top partner share: 37.5%
Top-5 share: 70.9%
Partners: 144
Partner HHI (0–1): 0.176

Loading world basemap…

United States $111M

United Kingdom $72M

Spain $40M

Côte d’Ivoire $24M

Trinidad & Tobago $19M

Honduras $15M

Guatemala $14M

Mexico $8M

South Korea $3M

Japan $3M

China $2M

Costa Rica $1M

Brazil $0M

Panama $0M

El Salvador $0M

View partner table

Top partners of Belize in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	United States	$111 M	$656 M	$766 M	−$545 M
#2	China	$2 M	$281 M	$282 M	−$279 M
#3	Guatemala	$14 M	$149 M	$163 M	−$135 M
#4	Mexico	$8 M	$138 M	$146 M	−$130 M
#5	United Kingdom	$72 M	$18 M	$89 M	$54 M
#6	Spain	$40 M	$8 M	$48 M	$32 M
#7	Trinidad & Tobago	$19 M	$26 M	$45 M	−$8 M
#8	Costa Rica	$1 M	$26 M	$27 M	−$25 M
#9	Japan	$3 M	$23 M	$25 M	−$20 M
#10	Côte d’Ivoire	$24 M	$0 M	$24 M	$24 M
#11	Honduras	$15 M	$8 M	$23 M	$7 M
#12	El Salvador	$0 M	$21 M	$21 M	−$20 M
#13	Panama	$0 M	$20 M	$21 M	−$20 M
#14	Brazil	$0 M	$19 M	$19 M	−$18 M
#15	South Korea	$3 M	$15 M	$18 M	−$11 M

15 rows

Products & sectors

Product composition of Belize's trade in 2024.

Year

Loading product detail for 2024 (large file, fetched on demand)…

View product table

The product table loads with the product data for 2024.

Concentration & risk

Belize's export partners diversified over 1995–2024 — HHI 0.199 → 0.117, a moderately concentrated export base across 123 partners in 2024.

Loading concentration trends…

View concentration table

Export and import partner HHI (0–1) and partner counts of Belize per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.199	0.204	69	81
1996	0.202	0.183	73	82
1997	0.197	0.172	82	78
1998	0.131	0.189	85	83
1999	0.113	0.151	94	110
2000	0.165	0.259	102	98
2001	0.163	0.214	99	118
2002	0.231	0.183	98	118
2003	0.225	0.207	113	115
2004	0.216	0.151	113	114
2005	0.176	0.139	113	109
2006	0.193	0.139	113	107
2007	0.105	0.132	119	112
2008	0.663	0.130	124	122
2009	0.660	0.228	110	119
2010	0.164	0.165	116	122
2011	0.245	0.584	125	121
2012	0.164	0.097	123	120
2013	0.129	0.108	134	126
2014	0.100	0.103	133	129
2015	0.116	0.123	132	129
2016	0.121	0.150	135	121
2017	0.106	0.127	137	118
2018	0.147	0.171	130	123
2019	0.122	0.185	132	120
2020	0.110	0.183	130	115
2021	0.085	0.165	136	114
2022	0.090	0.191	132	120
2023	0.096	0.185	127	118
2024	0.117	0.212	123	121

30 rows

Downloads

The exact artifacts behind this page, as published: