{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:14.982Z", "seo": { "title": "Belize exports to Italy: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Belize to Italy, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "BLZ", "country_name": "Belize" }, "importer": { "iso3": "ITA", "country_name": "Italy" }, "latestYear": 2024, "risk": { "exporter_iso3": "BLZ", "importer_iso3": "ITA", "all_history_lane_count": 23, "current_lane_count": 1, "current_product_count": 1, "first_observed_last_year": 1999, "latest_data_year": 2024, "current_trade_usd": 872222.274724344, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 872222.274724344, "unrecovered_drawdown_trade_usd": 872222.274724344, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 0, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 1, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 0, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.01048897048592, "trade_weighted_below_peak_pct": 95.6228789912174, "product_concentration_hhi": 10000, "top1_product_share_pct": 100, "top3_product_share_pct": 100, "top_product_hs6": "170114", "top_product_trade_usd": 872222.274724344, "top_product_description": "Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 9645.203125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.25090983510017395, "has_reported_fta": 1, "avg_applied_tariff_pct": 1.3606746659427151, "avg_mfn_tariff_pct": 5.920413126868687, "avg_preferential_tariff_pct": 1.133843764556226, "tariff_advantage_pp": 4.786569362312461, "buyer_biz_entry_days": 11, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 2099880.198259, "buyer_gdp_pc_latest": 35551, "buyer_population_latest": 59066.223, "buyer_gdp_5y_cagr_pct": 3.3456337761183397, "buyer_gdp_pc_5y_cagr_pct": 3.6164129413341017, "buyer_population_5y_cagr_pct": -0.26132844935394806, "buyer_investment_5y_avg_pct": 21.387999999999998, "buyer_savings_5y_avg_pct": 22.601999999999997, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix" ], "attention_level": "Stable", "primary_risk_reason": "Current trade remains materially below historical peaks", "buyer_gdp_mn_2024": 2099880.198259, "buyer_gdp_pc_2024": 35551, "buyer_population_2024": 59066.223 }, "history": [ { "year": 1995, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 6997160.513448436, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 2303123.1479077763, "yoy_growth_pct": -67.08488902775335, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 2088373.3362012736, "yoy_growth_pct": -9.32428697534422, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 3463896.856867957, "yoy_growth_pct": 65.86578639089235, "cagr_3y_pct": -20.893098953160383 }, { "year": 1999, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 11895478.792379294, "yoy_growth_pct": 243.41319282627666, "cagr_3y_pct": 72.85751113765708 }, { "year": 2000, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 7094211.849160469, "yoy_growth_pct": -40.3621159519422, "cagr_3y_pct": 50.32527415993826 }, { "year": 2001, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 2374278.6478392496, "yoy_growth_pct": -66.53217160239974, "cagr_3y_pct": -11.82971490865924 }, { "year": 2002, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 62105.04095587756, "yoy_growth_pct": -97.384256434585, "cagr_3y_pct": -82.65204413898321 }, { "year": 2003, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 2195014.067245291, "yoy_growth_pct": 3434.357329873973, "cagr_3y_pct": -32.36403072571593 }, { "year": 2004, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 387309.5283044801, "yoy_growth_pct": -82.35503206635265, "cagr_3y_pct": -45.36023391048638 }, { "year": 2005, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 306702.56294780824, "yoy_growth_pct": -20.81202745244711, "cagr_3y_pct": 70.29302136911141 }, { "year": 2006, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 129344.87431842169, "yoy_growth_pct": -57.82726004137358, "cagr_3y_pct": -61.0861704954156 }, { "year": 2007, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 35581.938380112704, "yoy_growth_pct": -72.49064675534265, "cagr_3y_pct": -54.87777840877809 }, { "year": 2008, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 18233777.95940768, "yoy_growth_pct": 51144.47624134726, "cagr_3y_pct": 290.2890968064357 }, { "year": 2009, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 276087.1417701703, "yoy_growth_pct": -98.48584784576843, "cagr_3y_pct": 28.755459324911726 }, { "year": 2010, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 169175.15852437058, "yoy_growth_pct": -38.72399944463874, "cagr_3y_pct": 68.15211322872099 }, { "year": 2011, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 74498.81574537462, "yoy_growth_pct": -55.96350173678562, "cagr_3y_pct": -84.01334624028249 }, { "year": 2012, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 1907043.2860441597, "yoy_growth_pct": 2459.8303368501015, "cagr_3y_pct": 90.44582513415907 }, { "year": 2013, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 2757745.1676098867, "yoy_growth_pct": 44.608420154445724, "cagr_3y_pct": 153.55519517719705 }, { "year": 2014, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 7045524.924909251, "yoy_growth_pct": 155.48136237024192, "cagr_3y_pct": 355.6044900901834 }, { "year": 2015, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 204631.25098953798, "yoy_growth_pct": -97.09558545075797, "cagr_3y_pct": -52.4806524024506 }, { "year": 2016, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 7568224.195680698, "yoy_growth_pct": 3598.4693975543514, "cagr_3y_pct": 40.00599063673811 }, { "year": 2017, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 19949761.017776147, "yoy_growth_pct": 163.59896987673514, "cagr_3y_pct": 41.47339663663643 }, { "year": 2018, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 171626.4618929103, "yoy_growth_pct": -99.1397066774886, "cagr_3y_pct": -5.694411386677833 }, { "year": 2019, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 1969535.0942102056, "yoy_growth_pct": 1047.5707606436213, "cagr_3y_pct": -36.155536040985304 }, { "year": 2020, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 1062715.2442435178, "yoy_growth_pct": -46.04233012310591, "cagr_3y_pct": -62.373565097253845 }, { "year": 2021, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 16044344.654272895, "yoy_growth_pct": 1409.7501180284553, "cagr_3y_pct": 353.8502486375978 }, { "year": 2022, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 6506818.727847772, "yoy_growth_pct": -59.44478339216622, "cagr_3y_pct": 48.93667753847668 }, { "year": 2023, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 711232.741489787, "yoy_growth_pct": -89.06942438021417, "cagr_3y_pct": -12.528828399277481 }, { "year": 2024, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "export_value_usd": 880056.9774535259, "yoy_growth_pct": 23.736848167325707, "cagr_3y_pct": -62.00472408430721 } ], "riskLanes": [ { "exporter_iso3": "BLZ", "importer_iso3": "ITA", "hs_code": "170114", "hs_description": "Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter", "buyer_imports_latest_usd": 124487693.52709316, "current_below_peak_pct": 95.6228789912174, "lane_volatility_cv": 1.01048897048592, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "BLZ", "importer_iso3": "ITA", "distance_km": 9643, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 2, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 1, "importer_gdp_million_usd": 2099880.198259, "importer_gdp_per_capita_usd": 35551.286193786254, "importer_population": 59066.223, "importer_biz_entry_days": 11, "importer_biz_entry_cost_pct": 13.8, "exporter_gdp_million_usd": 1789.923264, "exporter_gdp_per_capita_usd": 4420.491372263315, "avg_applied_tariff_pct": 1.3606746659427151, "avg_mfn_tariff_pct": 5.920413126868687, "avg_preferential_tariff_pct": 1.133843764556226, "tariff_advantage_pp": 4.786569362312461 }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/BLZ-ITA/risk", "html": "https://www.yugalinks.com/trade/corridor/BLZ-ITA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/BLZ-ITA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/BLZ-ITA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/BLZ-ITA/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }