{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:18.412Z", "seo": { "title": "India exports to Belize: Trade Route Risk | Yugalinks", "description": "Understand reported exports from India to Belize, 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": "IND", "country_name": "India" }, "importer": { "iso3": "BLZ", "country_name": "Belize" }, "latestYear": 2024, "risk": { "exporter_iso3": "IND", "importer_iso3": "BLZ", "all_history_lane_count": 4, "current_lane_count": 3, "current_product_count": 3, "first_observed_last_year": 2012, "latest_data_year": 2024, "current_trade_usd": 4635091.320422564, "attention_trade_usd": 3423485.3916350375, "critical_trade_usd": 0, "high_volatility_trade_usd": 904458.1765516277, "unrecovered_drawdown_trade_usd": 3423485.3916350375, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 904458.1765516277, "access_friction_trade_usd": 4635091.320422564, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 1, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 1, "access_friction_lane_count": 3, "trade_weighted_volatility_cv": 0.6222322156012342, "trade_weighted_below_peak_pct": 62.691500572289705, "product_concentration_hhi": 5880.00115944647, "top1_product_share_pct": 73.86014977851464, "top3_product_share_pct": 100, "top_product_hs6": "240220", "top_product_trade_usd": 3423485.3916350375, "top_product_description": "Cigarettes: containing tobacco", "top_attention_product_hs6": "240220", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 14715.29296875, "shares_land_border": 0, "shares_official_language": 1, "common_spoken_language_score": 0.18860000371932983, "has_reported_fta": 0, "avg_applied_tariff_pct": 17.45713769111111, "avg_mfn_tariff_pct": 17.45713769111111, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 48, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 1789.923264, "buyer_gdp_pc_latest": 4420, "buyer_population_latest": 404.915, "buyer_gdp_5y_cagr_pct": 6.11329188990315, "buyer_gdp_pc_5y_cagr_pct": 4.473598572755466, "buyer_population_5y_cagr_pct": 1.5694810359248912, "buyer_investment_5y_avg_pct": 21.080000000000002, "buyer_savings_5y_avg_pct": 13.833999999999998, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 73.86014977851464, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "High attention", "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction", "buyer_gdp_mn_2024": 1789.923264, "buyer_gdp_pc_2024": 4420, "buyer_population_2024": 404.915 }, "history": [ { "year": 1995, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 138582.41864816882, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 68976.901727534, "yoy_growth_pct": -50.226801927413575, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 60197.13376078063, "yoy_growth_pct": -12.728562383730102, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 79597.48078926576, "yoy_growth_pct": 32.22802451954077, "cagr_3y_pct": -16.875241730465895 }, { "year": 1999, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 529201.2738283912, "yoy_growth_pct": 564.8467622102903, "cagr_3y_pct": 97.22973867421022 }, { "year": 2000, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 810836.6650585296, "yoy_growth_pct": 53.21895565230004, "cagr_3y_pct": 137.93181738269075 }, { "year": 2001, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 185610.29893667236, "yoy_growth_pct": -77.10879306089664, "cagr_3y_pct": 32.60734577974516 }, { "year": 2002, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 587595.1369699236, "yoy_growth_pct": 216.57464070482578, "cagr_3y_pct": 3.550556523881876 }, { "year": 2003, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 2044799.7744499976, "yoy_growth_pct": 247.99467282770618, "cagr_3y_pct": 36.114942262616026 }, { "year": 2004, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 1426307.564950374, "yoy_growth_pct": -30.247079309561407, "cagr_3y_pct": 97.33481149427968 }, { "year": 2005, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 2097974.0028128917, "yoy_growth_pct": 47.09127640964923, "cagr_3y_pct": 52.84126957161015 }, { "year": 2006, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 1610866.373876105, "yoy_growth_pct": -23.218001189895077, "cagr_3y_pct": -7.643051391919786 }, { "year": 2007, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 1537420.8348284985, "yoy_growth_pct": -4.559381227313109, "cagr_3y_pct": 2.5321015214310183 }, { "year": 2008, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 4661234.452017045, "yoy_growth_pct": 203.1853313303779, "cagr_3y_pct": 30.48691046754883 }, { "year": 2009, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 1809788.1067716589, "yoy_growth_pct": -61.173630603615884, "cagr_3y_pct": 3.9575585040112493 }, { "year": 2010, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 7245505.691754533, "yoy_growth_pct": 300.3510501944469, "cagr_3y_pct": 67.65839843915373 }, { "year": 2011, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 17696497.28313669, "yoy_growth_pct": 144.24102382909592, "cagr_3y_pct": 56.001505182662314 }, { "year": 2012, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 32822359.85168978, "yoy_growth_pct": 85.47376538162045, "cagr_3y_pct": 162.73263667710384 }, { "year": 2013, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 22871378.955312632, "yoy_growth_pct": -30.31768873823021, "cagr_3y_pct": 46.692490719567736 }, { "year": 2014, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 22488534.63997523, "yoy_growth_pct": -1.6739013248192158, "cagr_3y_pct": 8.315667714943164 }, { "year": 2015, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 17351621.957905523, "yoy_growth_pct": -22.842362849816013, "cagr_3y_pct": -19.141919970314703 }, { "year": 2016, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 15995945.135280784, "yoy_growth_pct": -7.8129688735356755, "cagr_3y_pct": -11.235525695294257 }, { "year": 2017, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 15840640.884084212, "yoy_growth_pct": -0.97089762363608, "cagr_3y_pct": -11.024480935564519 }, { "year": 2018, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 14150594.486194741, "yoy_growth_pct": -10.669053166829467, "cagr_3y_pct": -6.571752441165324 }, { "year": 2019, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 17170965.97409989, "yoy_growth_pct": 21.344484790740136, "cagr_3y_pct": 2.390958199676363 }, { "year": 2020, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 10222520.299869778, "yoy_growth_pct": -40.46624799508027, "cagr_3y_pct": -13.583817372593243 }, { "year": 2021, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 13857208.288960153, "yoy_growth_pct": 35.55569353221708, "cagr_3y_pct": -0.6959365686023733 }, { "year": 2022, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 17587416.823348857, "yoy_growth_pct": 26.918903552604533, "cagr_3y_pct": 0.8019908679832044 }, { "year": 2023, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 15079793.083707226, "yoy_growth_pct": -14.258056000086029, "cagr_3y_pct": 13.835870673395533 }, { "year": 2024, "exporter_iso3": "IND", "importer_iso3": "BLZ", "export_value_usd": 12497777.233941363, "yoy_growth_pct": -17.12235595961572, "cagr_3y_pct": -3.3832677466257177 } ], "riskLanes": [ { "exporter_iso3": "IND", "importer_iso3": "BLZ", "hs_code": "240220", "hs_description": "Cigarettes: containing tobacco", "buyer_imports_latest_usd": 55165605.06256067, "current_below_peak_pct": 73.82228501498781, "lane_volatility_cv": 0.5046679783169029, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "IND", "importer_iso3": "BLZ", "hs_code": "300490", "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale", "buyer_imports_latest_usd": 19279492.675201226, "current_below_peak_pct": 31.645939515859663, "lane_volatility_cv": 1.0346331107526525, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] }, { "exporter_iso3": "IND", "importer_iso3": "BLZ", "hs_code": "870421", "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1", "buyer_imports_latest_usd": 12308339.606987175, "current_below_peak_pct": 30.047060491237787, "lane_volatility_cv": 0.7182123654480452, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "IND", "importer_iso3": "BLZ", "distance_km": 14707, "shares_land_border": 0, "shares_official_language": 1, "shares_ethnic_language": 1, "shared_religion": 0, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 1789.923264, "importer_gdp_per_capita_usd": 4420.491372263315, "importer_population": 404.915, "importer_biz_entry_days": 48, "importer_biz_entry_cost_pct": 34.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "avg_applied_tariff_pct": 17.45713769111111, "avg_mfn_tariff_pct": 17.45713769111111, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "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/IND-BLZ/risk", "html": "https://www.yugalinks.com/trade/corridor/IND-BLZ/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/IND-BLZ/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/IND-BLZ/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/IND-BLZ/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" } }