Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Belize | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESBelizeWorldExportsValue (US$)401,139,617.00413,453,886.00358,429,021.00313,895,185.00246,162,629.00277,584,960.06243,303,973.18244,908,836.20211,872,682.31264,092,675.61286,430,399.17253,373,381.83
Value Growth, YoY (%)1.253.06-13.30-12.42-21.5712.76-12.340.65-13.4824.648.45-11.54
ImportsValue (US$)843,065,697.00906,091,369.00962,112,036.00995,560,655.00952,493,786.00913,130,452.85957,739,410.91985,904,343.90787,096,516.641,060,471,486.621,377,951,217.181,337,482,879.68
Value Growth, YoY (%)0.907.476.183.47-4.32-4.134.882.94-20.1634.7329.93-2.93

The value of merchandise exports from Belize totalled $ 253 million in 2023. Overall commodity exports from Belize decreased by 11.5% compared to 2022. Merchandise exports decreased by $ 33 million (the value of merchandise exports from Belize amounted to $286 million in 2022)

Belize's exports 2023 by country

Top export destinations of commodities from Belize in 2023:

  • USA with a share of 28% (71 million US$)
  • United Kingdom with a share of 17.3% (43 million US$)
  • Guatemala with a share of 8.68% (22 million US$)
  • Spain with a share of 7.39% (18.7 million US$)
  • Trinidad and Tobago with a share of 6.12% (15.5 million US$)
  • Honduras with a share of 5.59% (14.1 million US$)
  • Jamaica with a share of 4.22% (10.7 million US$)
  • Poland with a share of 4.03% (10.2 million US$)
  • Ireland with a share of 3.64% (9.23 million US$)
  • Mexico with a share of 2.66% (6.76 million US$)

Exports structure from Belize in 2023 represented by the following main commodity groups:

  • 34% (86 million US$): 17 - Sugars and sugar confectionery
  • 13.1% (33 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 8.38% (21 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 7.95% (20 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 6.55% (16.6 million US$): 23 - Residues and waste from the food industries; prepared animal feed
  • 5.6% (14.2 million US$): 24 - Tobacco and manufactured tobacco substitutes
  • 4.98% (12.6 million US$): 20 - Preparations of vegetables, fruit, nuts or other parts of plants
  • 1.78% (4.53 million US$): 07 - Edible vegetables and certain roots and tubers
  • 1.77% (4.49 million US$): 21 - Miscellaneous edible preparations
  • 1.61% (4.09 million US$): 01 - Live animals

What did Belize export in 2023?

Belize's Top Exports in 2023:

  • 31% ($78 million): 1701 - Cane or beet sugar and chemically pure sucrose, in solid form
  • 12.6% ($32 million): 0803 - Bananas, including plantains, fresh or dried
  • 8.24% ($20 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 6.49% ($16.4 million): 2302 - Bran, sharps and other residues, whether or not in the form of pellets, derived from the sifting, milling or other working of cereals or of leguminous plants
  • 5.6% ($14.2 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  • 5.27% ($13.3 million): 0306 - Crustaceans; in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked, cooked or not before or during smoking; in shell, steamed or boiled, whether or not chilled, frozen, dried, salted or in brine
  • 4.93% ($12.5 million): 2009 - Fruit or nut juices (including grape must) and vegetable juices, unfermented, not containing added spirit; whether or not containing added sugar or other sweetening matter
  • 3.12% ($7.91 million): 1703 - Molasses resulting from the extraction or refining of sugar
  • 2.59% ($6.56 million): 0307 - Molluscs; whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process
  • 1.78% ($4.53 million): 0713 - Dried leguminous vegetables, shelled, whether or not skinned or split

The value of merchandise imports to Belize totalled $ 1.33 billion in 2023. Overall commodity imports to Belize decreased by 2.93% compared to 2022. Merchandise imports decreased by $ 40 million (the value of merchandise imports to Belize was equal to $1.37 billion in 2022)

Belize's imports 2023 by country

Top trading partners (import sources) of Belize in 2023:

  • USA with a share of 41% (561 million US$)
  • China with a share of 17.1% (229 million US$)
  • Mexico with a share of 9.5% (127 million US$)
  • Guatemala with a share of 9.44% (126 million US$)
  • Trinidad and Tobago with a share of 1.64% (22 million US$)
  • India with a share of 1.26% (16.9 million US$)
  • El Salvador with a share of 1.19% (16 million US$)
  • Panama with a share of 1.15% (15.3 million US$)
  • Korea with a share of 1.14% (15.2 million US$)
  • Costa Rica with a share of 1.12% (15 million US$)

Imports structure to Belize in 2023 represented by the following main commodity groups:

  • 14.7% (197 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 10.4% (139 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.04% (80 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 5.69% (76 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 3.9% (52 million US$): 24 - Tobacco and manufactured tobacco substitutes
  • 3.59% (48 million US$): 39 - Plastics and articles thereof
  • 2.85% (38 million US$): 64 - Footwear, gaiters and the like; parts of such articles
  • 2.8% (37 million US$): 73 - Articles of iron or steel
  • 2.8% (37 million US$): 72 - Iron and steel
  • 2.67% (35 million US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted

What did Belize import in 2023?

Belize's Top Imports in 2023:

  • 13.2% ($177 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 3.87% ($51 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  • 1.9% ($25 million): 6404 - Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of textile materials
  • 1.83% ($24 million): 8704 - Motor vehicles for the transport of goods
  • 1.63% ($21 million): 4202 - Trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, gun cases, holsters and similar containers; travelling-bags, insulated food or beverages bags, toilet bags, rucksacks, handbags, shopping-bags, wallets, purses, map-cases, cigarette-cases, tobacco-pouches, tool bags, sports bags, bottle-cases, jewellery boxes, powder-boxes, cutlery cases and similar containers, of leather
  • 1.62% ($21 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 1.46% ($19.6 million): 3105 - Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of this Chapter in tablets or similar forms or in packages of a gross weight not exceeding 10 kg
  • 1.4% ($18.7 million): 3808 - Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products and plant-growth regulators, disinfectants and similar products, put up in forms or packings for retail sale or as preparations or articles (for example, sulphur-treated bands, wicks and candles, and fly-papers)
  • 1.36% ($18.2 million): 3923 - Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics
  • 1.28% ($17.2 million): 2523 - Portland cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers

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Belize | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023