{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:00.563Z",
  "seo": {
    "title": "Singapore exports to Belize: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Singapore 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": "SGP",
    "country_name": "Singapore"
  },
  "importer": {
    "iso3": "BLZ",
    "country_name": "Belize"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "SGP",
    "importer_iso3": "BLZ",
    "all_history_lane_count": 5,
    "current_lane_count": 2,
    "current_product_count": 2,
    "first_observed_last_year": 1999,
    "latest_data_year": 2024,
    "current_trade_usd": 18692713.41416436,
    "attention_trade_usd": 18378147.82291113,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 314565.5912532335,
    "unrecovered_drawdown_trade_usd": 314565.5912532335,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 18692713.41416436,
    "access_friction_trade_usd": 18692713.41416436,
    "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": 2,
    "access_friction_lane_count": 2,
    "trade_weighted_volatility_cv": 0.9337720124273634,
    "trade_weighted_below_peak_pct": 1.249771351681413,
    "product_concentration_hhi": 9669.098865366,
    "top1_product_share_pct": 98.31717533841358,
    "top3_product_share_pct": 100,
    "top_product_hs6": "999999",
    "top_product_trade_usd": 18378147.82291113,
    "top_product_description": "Commodities not specified according to kind",
    "top_attention_product_hs6": "999999",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 17550.763671875,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.5821999907493591,
    "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": 98.31717533841358,
    "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": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 1789.923264,
    "buyer_gdp_pc_2024": 4420,
    "buyer_population_2024": 404.915
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 105619.16313917052,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 15783.5098981907,
      "yoy_growth_pct": -85.05620625170704,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 1011.5595933565156,
      "yoy_growth_pct": -93.59103520141313,
      "cagr_3y_pct": null
    },
    {
      "year": 1999,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 2395314.498131299,
      "yoy_growth_pct": 236694.20509307462,
      "cagr_3y_pct": 183.05659214809086
    },
    {
      "year": 2000,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 184617.57034322104,
      "yoy_growth_pct": -92.29255404719297,
      "cagr_3y_pct": 126.99858397772074
    },
    {
      "year": 2001,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 317072.7509624725,
      "yoy_growth_pct": 71.74570674557417,
      "cagr_3y_pct": 579.2909299357015
    },
    {
      "year": 2002,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 11412988.818302153,
      "yoy_growth_pct": 3499.485854163781,
      "cagr_3y_pct": 68.27216517402913
    },
    {
      "year": 2003,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 86886.16331010945,
      "yoy_growth_pct": -99.23870806592944,
      "cagr_3y_pct": -22.2155957699685
    },
    {
      "year": 2004,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 89679.86827650499,
      "yoy_growth_pct": 3.2153623315422486,
      "cagr_3y_pct": -34.358472246367576
    },
    {
      "year": 2005,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 148643.5067391261,
      "yoy_growth_pct": 65.74902438618864,
      "cagr_3y_pct": -76.47215320332899
    },
    {
      "year": 2006,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 64913.74221434463,
      "yoy_growth_pct": -56.32924462131385,
      "cagr_3y_pct": -9.26071724146189
    },
    {
      "year": 2007,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 140542.7770610331,
      "yoy_growth_pct": 116.50697104622627,
      "cagr_3y_pct": 16.154985879490134
    },
    {
      "year": 2008,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 134272.02457015828,
      "yoy_growth_pct": -4.461810576114944,
      "cagr_3y_pct": -3.332638477998673
    },
    {
      "year": 2009,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 95203.18239544083,
      "yoy_growth_pct": -29.09678490347305,
      "cagr_3y_pct": 13.615680272487873
    },
    {
      "year": 2010,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 154462.4002438613,
      "yoy_growth_pct": 62.24499681352913,
      "cagr_3y_pct": 3.1980321984866666
    },
    {
      "year": 2011,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 2880651.1264052335,
      "yoy_growth_pct": 1764.9529735763103,
      "cagr_3y_pct": 177.86576524860567
    },
    {
      "year": 2012,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 2593928.5096056634,
      "yoy_growth_pct": -9.953396097547273,
      "cagr_3y_pct": 200.90923194273088
    },
    {
      "year": 2013,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 1286245.115931028,
      "yoy_growth_pct": -50.41323956431757,
      "cagr_3y_pct": 102.6906209495352
    },
    {
      "year": 2014,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 1418995.7445096497,
      "yoy_growth_pct": 10.32078776699823,
      "cagr_3y_pct": -21.02369524363197
    },
    {
      "year": 2015,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 6472796.887258079,
      "yoy_growth_pct": 356.15336848630426,
      "cagr_3y_pct": 35.636942763039414
    },
    {
      "year": 2016,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 4194251.2609598814,
      "yoy_growth_pct": -35.201871246471406,
      "cagr_3y_pct": 48.28944338420176
    },
    {
      "year": 2017,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 8919315.150842812,
      "yoy_growth_pct": 112.65571840828557,
      "cagr_3y_pct": 84.55117110462196
    },
    {
      "year": 2018,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 8788485.250940936,
      "yoy_growth_pct": -1.4668155311174713,
      "cagr_3y_pct": 10.732222397962566
    },
    {
      "year": 2019,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 5725898.149944123,
      "yoy_growth_pct": -34.847724193073184,
      "cagr_3y_pct": 10.933587594336602
    },
    {
      "year": 2020,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 9068875.439955998,
      "yoy_growth_pct": 58.383457100865456,
      "cagr_3y_pct": 0.5558425316560589
    },
    {
      "year": 2021,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 14175976.947703399,
      "yoy_growth_pct": 56.314606387097754,
      "cagr_3y_pct": 17.277038358292863
    },
    {
      "year": 2022,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 8645050.663723385,
      "yoy_growth_pct": -39.016191295909664,
      "cagr_3y_pct": 14.720573133829863
    },
    {
      "year": 2023,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 13429337.574119879,
      "yoy_growth_pct": 55.34134034023026,
      "cagr_3y_pct": 13.981329396659103
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "export_value_usd": 19552385.562642176,
      "yoy_growth_pct": 45.59456454741464,
      "cagr_3y_pct": 11.313776752587113
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "hs_code": "999999",
      "hs_description": "Commodities not specified according to kind",
      "buyer_imports_latest_usd": 18908692.879532803,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9318127965242808,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "SGP",
      "importer_iso3": "BLZ",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 110440487.18608557,
      "current_below_peak_pct": 74.2662845517861,
      "lane_volatility_cv": 1.0482370412958946,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "SGP",
    "importer_iso3": "BLZ",
    "distance_km": 17540,
    "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": 396986.89988800004,
    "exporter_gdp_per_capita_usd": 72794.00302260944,
    "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/SGP-BLZ/risk",
    "html": "https://www.yugalinks.com/trade/corridor/SGP-BLZ/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/SGP-BLZ/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/SGP-BLZ/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/SGP-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"
  }
}