Country import demand

Belize
import demand

A reported view of Belize's import scale, sector demand, supplier breadth, economy, and trade history.

BLZ1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$1.5B2024 reported
Import growth-4.4%Year on year
Population417.1KReported population
GDP per capita$7.7KCurrent-dollar GDP
Trade openness98.5%Exports + imports / GDP

The country import read

What does Belize import?

In 2024, Belize recorded $1.5B in reported imports. Imports changed -4.4% year on year and +9.8% annualized over three years. Sugars and sugar confectionery was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$1.2B
2014
$1.1B
2015
$1.1B
2016
$1.0B
2017
$1.1B
2018
$1.0B
2019
$1.1B
2020
$961.3M
2021
$1.2B
2022
$1.6B
2023
$1.6B
2024
$1.5B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$3.2B2024 macro context
GDP growth6.1%Five-year CAGR
Population growth1.6%Five-year CAGR
Investment rate21%National rate
Savings rate13.9%National rate
Trade openness98.5%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Belize
RankSectorImportsShareImport partnersActive HS6
1Sugars and sugar confectioneryHS2 17$7.4M0.5%2914
2Fish and crustaceansHS2 03$355.3K0%9103
3Edible fruit and nutsHS2 08$5.0M0.3%1462
4Preparations of vegetables and fruitHS2 20$31.8M2.1%3252
5Mineral fuelsHS2 27$240.7M15.6%3940
6Animal and vegetable fatsHS2 15$30.2M2%2436
7BeveragesHS2 22$23.8M1.5%5024
8Live animalsHS2 01$1.3M0.1%819
9Electrical machineryHS2 85$82.2M5.3%69246
10Organic chemicalsHS2 29$2.4M0.2%24151

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration1,123.3Partner HHI
Top 3 partner share51.5%Reported concentration
FTA partner markets43Reported count
Average distance9,966 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

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 Usd3,203.6 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 Usd533,678,518.3 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 Language36.7%
Pct Partners Shared Border0.7%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km9,760 km
Num Border Partners50
Num Colonial Partners25
Avg Substitution Elasticity-8.3
Pct Products High Elasticity63.3
Pct Products Low Elasticity4.1
Real Market Potential30,064.8
Foreign Market Potential15,116.6

Supplier context

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 Usd3,203.6 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 import history

YearImportsExportsBalanceImports YoY
1995$306.8M$204.7M-$102.1M+0%
1996$310.5M$238.4M-$72.0M+1.2%
1997$344.0M$240.4M-$103.6M+10.8%
1998$339.4M$280.3M-$59.1M-1.3%
1999$304.2M$299.1M-$5.0M-10.4%
2000$456.3M$289.0M-$167.2M+50%
2001$459.4M$238.9M-$220.5M+0.7%
2002$449.3M$176.8M-$272.5M-2.2%
2003$517.8M$252.7M-$265.1M+15.2%
2004$512.3M$283.7M-$228.7M-1%
2005$673.1M$306.6M-$366.5M+31.4%
2006$699.3M$407.7M-$291.6M+3.9%
2007$755.8M$424.6M-$331.2M+8.1%
2008$1.1B$2.1B$996.5M+40.5%
2009$965.1M$1.6B$587.8M-9.1%
2010$812.2M$375.6M-$436.6M-15.8%
2011$3.5B$746.3M-$2.8B+336.1%
2012$1.3B$509.2M-$792.8M-63.2%
2013$1.2B$511.1M-$664.1M-9.7%
2014$1.1B$477.5M-$659.2M-3.3%
2015$1.1B$420.1M-$690.5M-2.3%
2016$1.0B$401.5M-$616.8M-8.3%
2017$1.1B$468.5M-$585.2M+3.5%
2018$1.0B$483.5M-$558.1M-1.1%
2019$1.1B$311.6M-$789.3M+5.7%
2020$961.3M$306.0M-$655.3M-12.7%
2021$1.2B$355.1M-$812.4M+21.4%
2022$1.6B$345.8M-$1.2B+33.8%
2023$1.6B$301.6M-$1.3B+3.4%
2024$1.5B$362.6M-$1.2B-4.4%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
117Sugars and sugar confectionery$7.4M0.5%2914
203Fish and crustaceans$355.3K0%9103
308Edible fruit and nuts$5.0M0.3%1462
420Preparations of vegetables and fruit$31.8M2.1%3252
527Mineral fuels$240.7M15.6%3940
615Animal and vegetable fats$30.2M2%2436
722Beverages$23.8M1.5%5024
801Live animals$1.3M0.1%819
985Electrical machinery$82.2M5.3%69246
1029Organic chemicals$2.4M0.2%24151

Questions about this profile

Belize import demand, in context

Short answers for import and supplier research.

What does the Belize import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Belize.

What is the latest reported import value for Belize?

Belize recorded $1.5B in reported imports in 2024.

Which sectors lead Belize's imports?

Sugars and sugar confectionery leads by reported import value at $7.4M.

How many years of Belize import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

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

Continue your research

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Compare countries, products, sectors, and suppliers using reported trade data.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). 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.