Country export capability

Belize
export capability

A reported view of Belize's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

BLZ1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$362.6M2024 reported value
Latest imports$1.5B2024 reported value
Trade balance-$1.2BExports minus imports
Export growth+20.2%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Belize export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Belize recorded $362.6M in exports and $1.5B in imports. The resulting -$1.2B trade balance gives the latest country-level position a clear context.

Exports changed +20.2% year on year and show a calculated +0.7% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

USA, Puerto Rico and US Virgin Islands received $85.8M in reported exports, representing 23.7% of the latest country total. Sugars and sugar confectionery was the largest displayed HS2 export sector at $110.4M and 30.5% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Belize's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$3.2B2024 macro context
GDP per capita$7.7KCurrent-dollar GDP
Population417.1KReported population
Labor force202.3Reported labor force
Investment rate21%National investment rate
Savings rate13.9%National savings rate
Trade openness98.5%Exports + imports / GDP
Exports / GDP18.7%Merchandise exports / GDP
Secondary education89.7%Education context
Tertiary education9.1%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Belize
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
Côte d\'IvoireCIVHigh attention100%0%7.9%Tariff, distance or agreement conditions create market-access friction
MexicoMEXHigh attention94.5%3.5%13.6%Buyer-market concentration is the largest observed corridor exposure
Trinidad and TobagoTTOHigh attention98.2%1.3%12.2%Buyer-market concentration is the largest observed corridor exposure
SpainESPWatch17.2%17.3%1.4%Current trade remains materially below historical peaks
GambiaGMBHigh attention100%0%14.1%Volatile products account for the largest observed corridor exposure
JapanJPNHigh attention100%0.4%2%Tariff, distance or agreement conditions create market-access friction
USA, Puerto Rico and US Virgin IslandsUSAWatch4.8%10%1.3%Buyer-market concentration is the largest observed corridor exposure
China, Hong Kong Special Administrative RegionHKGHigh attention98.9%0%0%Tariff, distance or agreement conditions create market-access friction
Republic of KoreaKORHigh attention100%0%14.6%Volatile products account for the largest observed corridor exposure
IndonesiaIDNHigh attention100%0%17.9%Buyer-market concentration is the largest observed corridor exposure

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Belize
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1USA, Puerto Rico and US Virgin IslandsHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$165.0B$115.5B0%Accelerating +1.1%
2ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Accelerating +10.5%
3IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$73.0B0%Declining -0.5%
4ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Declining +4%
5USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.8B0%Stable -8.8%
6USA, Puerto Rico and US Virgin IslandsHS6 847150 · Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units$53.9B$45.6B0%Declining +60.2%
7Republic of KoreaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$76.4B$34.4B0%Declining -4.2%
8USA, Puerto Rico and US Virgin IslandsHS6 847130 · Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$42.7B$33.3B0%Accelerating +6.2%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Belize.
All HS4 export lines2024 ranking
Top HS4 export lines for Belize
RankHS4Parent HS2 sectorExportsShareActive HS6
11701HS4 detail codeSugars and sugar confectionery (17) ↗$91.5M25.2%4
20803HS4 detail codeEdible fruit and nuts (08) ↗$53.5M14.8%2
30303HS4 detail codeFish and crustaceans (03) ↗$51.4M14.2%28
42009HS4 detail codePreparations of vegetables and fruit (20) ↗$19.7M5.4%17
51703HS4 detail codeSugars and sugar confectionery (17) ↗$18.9M5.2%2
60306HS4 detail codeFish and crustaceans (03) ↗$12.8M3.5%12
70307HS4 detail codeFish and crustaceans (03) ↗$9.2M2.5%17
82710HS4 detail codeMineral fuels (27) ↗$7.8M2.2%4
91507HS4 detail codeAnimal and vegetable fats (15) ↗$7.0M1.9%2
100102HS4 detail codeLive animals (01) ↗$6.2M1.7%4
112208HS4 detail codeBeverages (22) ↗$5.4M1.5%7
122103HS4 detail codeMiscellaneous edible preparations (21) ↗$4.3M1.2%4

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Belize combines $362.6M in exports with a broad partner network.

In 2024, Belize recorded $362.6M in reported exports and $1.5B in imports, producing a reported trade deficit of $1.2B. Exports changed +20.2% year on year and +0.7% annualized over three years. Sugars and sugar confectionery (HS2 17) was the largest displayed export sector by value.

Destination network

Where Belize exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Belize
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1USA, Puerto Rico and US Virgin IslandsUSA$85.8M23.7%+43%+7.8%
2United KingdomGBR$68.6M18.9%+37.1%+3.3%
3SpainESP$32.3M8.9%-1.2%+11.1%
4Côte d\'IvoireCIV$22.1M6.1%+79.3%+1,946.8%
5Trinidad and TobagoTTO$18.6M5.1%+19.5%+12.1%
6IrelandIRL$14.9M4.1%+39.4%-3.3%
7JamaicaJAM$11.8M3.3%-4.8%-7.2%
8MexicoMEX$11.1M3.1%+174.1%-3.2%
9GambiaGMB$6.5M1.8%+157,944.4%+2,120%
10GuatemalaGTM$6.2M1.7%-29%-30.3%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$511.1M
2014
$477.5M
2015
$420.1M
2016
$401.5M
2017
$468.5M
2018
$483.5M
2019
$311.6M
2020
$306.0M
2021
$355.1M
2022
$345.8M
2023
$301.6M
2024
$362.6M

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets43Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners2Country context
Shared-language partners99Country context
Average partner distance9,966 kmCalculated average
Partners with FTA15.9%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share27.6%

Covered value under attention

Critical share0%

Covered value marked critical

Below historical peak16.6%

Distance below route peaks

FTA-covered exports51%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: Market access exposure.

Momentum score14.4

History-based indicator

Partner concentration1,123.3

Partner HHI

Product concentration792.2

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3BLZ
Exports Usd$362.6M
Imports Usd$1.5B
Trade Balance Usd-$1.2B
Yoy Exports Growth Pct20.2%
Yoy Imports Growth Pct-4.4%
Exports Cagr 3y Pct0.7%
Imports Cagr 3y Pct9.8%
Export Partner Hhi1,123.3
Export Product Hhi792.2
Momentum Score14.4
Risk Score9.6
Gdp Million Usd3,203.63 million USD
Gdp Per Capita Usd$7.7K
Population417,072
Labor Force202.3
Investment Rate Pct21%
Savings Rate Pct13.9%
Secondary Education Pct89.7%
Tertiary Education Pct9.1%
Total Factor Productivity479.1
Trade Openness Pct98.5%
Exports Gdp Pct18.7%
Num Active Partners270
Num Fta Partners43
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners2
Num Shared Language Partners99
Avg Partner Distance Km9,966 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta16
Pct Partners Shared Language37
Pct Partners Shared Border1
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km9,760
Num Border Partners50
Num Colonial Partners25
Avg Substitution Elasticity-8.3
Pct Products High Elasticity63
Pct Products Low Elasticity4
Real Market Potential30,064.8
Foreign Market Potential15,116.6

Exposure fields

Country Iso3BLZ
All History Lane Count2,070
Current Lane Count130
Critical Lane Count0
High Attention Lane Count22
High Volatility Lane Count45
Unrecovered Drawdown Lane Count43
Declining Demand Lane Count1
Concentrated Market Lane Count62
Access Friction Lane Count38
Buyer Macro Weakness Lane Count6
Monitored Exports Current Usd$270.3M
Attention Exports Usd$74.5M
Critical Exports Usd$0.0
High Volatility Exports Usd$65.0M
Unrecovered Drawdown Exports Usd$20.4M
Non Fta Exports Usd$132.5M
Monitored Attention Share Pct27.6%
Monitored Critical Share Pct0%
Fta Covered Exports Share Pct51%
Export Weighted Volatility Cv0.8
Export Weighted Below Peak Pct16.6%
Export Weighted Distance Km7,044 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$362.6M
Total Imports Latest Usd$1.5B
Trade Balance Latest Usd-$1.2B
Exports Yoy Latest Pct20.2%
Exports Cagr 3y Latest Pct0.7%
Gdp Latest Million Usd3,203.63 million USD
Gdp Per Capita Latest Usd$7.7K
Population Latest417,072
Investment Rate Latest Pct21%
Savings Rate Latest Pct13.9%
Trade Openness Latest Pct98.5%
Exports Gdp Latest Pct18.7%
Active Partners Latest270
Fta Partners Latest43
Foreign Market Potential Latest15,116.6
Gdp 5y Cagr Pct6.1%
Gdp Per Capita 5y Cagr Pct4.5%
Population 5y Cagr Pct1.6%
Partner Hhi Latest1,123.3
Partner Top1 Share Latest Pct23.7%
Partner Top3 Share Latest Pct51.5%
Partner Hhi All Avg1,940.5
Partner Hhi All Max6,370.1
Product Hhi Latest792.2
Product Top1 Share Latest Pct21%
Product Top3 Share Latest Pct42.1%
Product Hhi All Avg723.3
Product Hhi All Max1,155.4
Total Exports Attention Share Pct20.5%
Total Exports Critical Share Pct0%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$204.7M$306.8M-$102.1MNot reportedNot reported
1996$238.4M$310.5M-$72.0M+16.5%Not reported
1997$240.4M$344.0M-$103.6M+0.8%Not reported
1998$280.3M$339.4M-$59.1M+16.6%+11%
1999$299.1M$304.2M-$5.0M+6.7%+7.9%
2000$289.0M$456.3M-$167.2M-3.4%+6.3%
2001$238.9M$459.4M-$220.5M-17.3%-5.2%
2002$176.8M$449.3M-$272.5M-26%-16.1%
2003$252.7M$517.8M-$265.1M+42.9%-4.4%
2004$283.7M$512.3M-$228.7M+12.3%+5.9%
2005$306.6M$673.1M-$366.5M+8.1%+20.1%
2006$407.7M$699.3M-$291.6M+33%+17.3%
2007$424.6M$755.8M-$331.2M+4.1%+14.4%
2008$2.1B$1.1B$996.5M+384.9%+88.7%
2009$1.6B$965.1M$587.8M-24.6%+56.2%
2010$375.6M$812.2M-$436.6M-75.8%-4%
2011$746.3M$3.5B-$2.8B+98.7%-28.7%
2012$509.2M$1.3B-$792.8M-31.8%-31%
2013$511.1M$1.2B-$664.1M+0.4%+10.8%
2014$477.5M$1.1B-$659.2M-6.6%-13.8%
2015$420.1M$1.1B-$690.5M-12%-6.2%
2016$401.5M$1.0B-$616.8M-4.4%-7.7%
2017$468.5M$1.1B-$585.2M+16.7%-0.6%
2018$483.5M$1.0B-$558.1M+3.2%+4.8%
2019$311.6M$1.1B-$789.3M-35.6%-8.1%
2020$306.0M$961.3M-$655.3M-1.8%-13.2%
2021$355.1M$1.2B-$812.4M+16.1%-9.8%
2022$345.8M$1.6B-$1.2B-2.6%+3.5%
2023$301.6M$1.6B-$1.3B-12.8%-0.5%
2024$362.6M$1.5B-$1.2B+20.2%+0.7%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
117Sugars and sugar confectionery$110.4M30.5%3514
203Fish and crustaceans$76.9M21.2%30103
308Edible fruit and nuts$55.4M15.3%1662
420Preparations of vegetables and fruit$19.8M5.5%2752
527Mineral fuels$7.9M2.2%640
615Animal and vegetable fats$7.5M2.1%1436
722Beverages$6.3M1.7%3924
801Live animals$6.2M1.7%619
985Electrical machinery$6.2M1.7%69246
1029Organic chemicals$4.8M1.3%12151

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
11701Sugars and sugar confectionery (17)$91.5M25.2%4
20803Edible fruit and nuts (08)$53.5M14.8%2
30303Fish and crustaceans (03)$51.4M14.2%28
42009Preparations of vegetables and fruit (20)$19.7M5.4%17
51703Sugars and sugar confectionery (17)$18.9M5.2%2
60306Fish and crustaceans (03)$12.8M3.5%12
70307Fish and crustaceans (03)$9.2M2.5%17
82710Mineral fuels (27)$7.8M2.2%4
91507Animal and vegetable fats (15)$7.0M1.9%2
100102Live animals (01)$6.2M1.7%4
112208Beverages (22)$5.4M1.5%7
122103Miscellaneous edible preparations (21)$4.3M1.2%4

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1USA, Puerto Rico and US Virgin IslandsUSA$85.8M23.7%+43%+7.8%
2United KingdomGBR$68.6M18.9%+37.1%+3.3%
3SpainESP$32.3M8.9%-1.2%+11.1%
4Côte d\'IvoireCIV$22.1M6.1%+79.3%+1,946.8%
5Trinidad and TobagoTTO$18.6M5.1%+19.5%+12.1%
6IrelandIRL$14.9M4.1%+39.4%-3.3%
7JamaicaJAM$11.8M3.3%-4.8%-7.2%
8MexicoMEX$11.1M3.1%+174.1%-3.2%
9GambiaGMB$6.5M1.8%+157,944.4%+2,120%
10GuatemalaGTM$6.2M1.7%-29%-30.3%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1Côte d\'Ivoire (CIV)High attention100%0%7.9%Tariff, distance or agreement conditions create market-access friction
2Mexico (MEX)High attention94.5%3.5%13.6%Buyer-market concentration is the largest observed corridor exposure
3Trinidad and Tobago (TTO)High attention98.2%1.3%12.2%Buyer-market concentration is the largest observed corridor exposure
4Spain (ESP)Watch17.2%17.3%1.4%Current trade remains materially below historical peaks
5Gambia (GMB)High attention100%0%14.1%Volatile products account for the largest observed corridor exposure
6Japan (JPN)High attention100%0.4%2%Tariff, distance or agreement conditions create market-access friction
7USA, Puerto Rico and US Virgin Islands (USA)Watch4.8%10%1.3%Buyer-market concentration is the largest observed corridor exposure
8China, Hong Kong Special Administrative Region (HKG)High attention98.9%0%0%Tariff, distance or agreement conditions create market-access friction
9Republic of Korea (KOR)High attention100%0%14.6%Volatile products account for the largest observed corridor exposure
10Indonesia (IDN)High attention100%0%17.9%Buyer-market concentration is the largest observed corridor exposure

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Barbados (BRB)150710new$1.5M9.1%100
2Barbados (BRB)200949new$656.1K17.8%100
3Brazil (BRA)900150new$105.7M0.1%100
4Switzerland, Liechtenstein (CHE)871491new$33.5M2.6%100
5Colombia (COL)847130new$735.9M0%100
6Bahamas (BHS)940610new$4.1M2.6%100
7Indonesia (IDN)853710new$705.8M0.4%100
8Austria (AUT)848640new$59.6M0.3%100
9Denmark (DNK)850434new$65.8M0.2%100
10Gambia (GMB)170191new$1.4M71.4%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1USA, Puerto Rico and US Virgin Islands (USA)270900$165.0B$115.5B0%Accelerating (+1.1%)
2China (CHN)854231$158.0B$93.1B0%Accelerating (+10.5%)
3India (IND)270900$130.1B$73.0B0%Declining (-0.5%)
4China (CHN)854239$81.8B$61.4B0%Declining (+4%)
5USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.8B0%Stable (-8.8%)
6USA, Puerto Rico and US Virgin Islands (USA)847150$53.9B$45.6B0%Declining (+60.2%)
7Republic of Korea (KOR)270900$76.4B$34.4B0%Declining (-4.2%)
8USA, Puerto Rico and US Virgin Islands (USA)847130$42.7B$33.3B0%Accelerating (+6.2%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Belize export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Belize export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Belize.

What is the latest reported export value for Belize?

Belize recorded $362.6M in reported exports in 2024.

Which markets receive the most exports from Belize?

USA, Puerto Rico and US Virgin Islands leads by reported export value at $85.8M in 2024. Five destination lanes are highlighted.

Which sectors lead Belize's exports?

Sugars and sugar confectionery leads by reported value at $110.4M. Five HS2 chapters are highlighted.

How many years of Belize trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.