# Belize Chemicals Export Opportunities (HS 28-38)

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> Yugalinks sector export playbook

Explore Belize HS 28-38 chemicals export opportunities, product portfolio, buyer markets, growth signals, and diversification opportunities.

## Overview

- Exporter: Belize (BLZ)
- Sector: Chemicals
- HS chapters: HS 28-38
- Latest trade year: 2024
- Sector exports: $1.8M
- Products: 17
- Buyer markets: 16
- Average CAGR: +10.8%
- Global sector size: $280.1B

## Product portfolio

| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| HS 300490 - Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $216.3B | $1.7M | $73.2B | +12.8% | 12 | +0.0% |
| HS 382499 - Chemical products, mixtures and preparations: n.e.c. heading 3824 | $15.6B | $12.1K | $11.5B | +43.4% | 6 | +0.0% |
| HS 330210 - Odoriferous substances and mixtures: of a kind used in the food or drink industries | $5.1B | $2.2K | $6.5B | -11.5% | 2 | +0.0% |
| HS 330300 - Perfumes and toilet waters | $8.6B | $38.4K | $4.7B | -17.6% | 4 | +0.0% |
| HS 330499 - Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $6.6B | $5.4K | $2.8B | -3.4% | 2 | +0.0% |
| HS 382200 - Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material | $8.3B | $8.2K | $2.8B | +8.8% | 3 | +0.0% |
| HS 300420 - Medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale | $5.0B | $48.0K | $2.6B | +33.7% | 2 | +0.0% |
| HS 281820 - Aluminium oxide: other than artificial corundum | $2.2B | $14.8K | $1.8B | +2.7% | 1 | +0.0% |
| HS 300390 - Medicaments: (not containing antibiotics, hormones, alkaloids or their derivatives), for therapeutic or prophylactic uses, (not packaged for retail sale) | $1.8B | $104.1 | $1.2B | -19.7% | 1 | +0.0% |
| HS 300290 - Toxins, cultures of micro-organisms (excluding yeasts) and similar products | $2.7B | $1.9 | $1.0B | -29.4% | 1 | +0.0% |
| HS 330590 - Hair preparations: n.e.s. in heading no. 3305 | $1.8B | $2.8K | $755.4M | +0.8% | 2 | +0.0% |
| HS 340220 - Washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale | $1.1B | $4.2 | $719.0M | -15.2% | 1 | +0.0% |
| HS 340600 - Candles, tapers and the like | $1.0B | $1.6K | $640.9M | +15.3% | 1 | +0.0% |
| HS 300439 - Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale | $1.8B | $14.9K | $556.4M | +39.0% | 1 | +0.0% |
| HS 340130 - Organic surface-active products and preparations for washing the skin, in the form of liquid or cream and put up for retail sale, whether or not containing soap | $735.1M | $20.6 | $479.5M | +65.2% | 1 | +0.0% |
| HS 300590 - Wadding, gauze, bandages and similar articles: (excluding adhesive dressings), impregnated or coated with pharmaceutical substances, packaged for retail sale | $926.9M | $77.6 | $409.9M | -26.4% | 1 | +0.0% |
| HS 350691 - Adhesives: prepared, based on polymers of heading 3901 to 3913 or on rubber | $462.6M | $16.7 | $397.4M | +14.0% | 1 | +0.0% |

## Best markets

- USA, Puerto Rico and US Virgin Islands (USA): $42.3B calculated opportunity across 13 products.
- Switzerland, Liechtenstein (CHE): $28.3B calculated opportunity across 2 products.
- Canada (CAN): $7.9B calculated opportunity across 5 products.
- Germany (DEU): $6.2B calculated opportunity across 3 products.
- China (CHN): $5.0B calculated opportunity across 3 products.
- France (FRA): $4.4B calculated opportunity across 3 products.
- Japan (JPN): $4.2B calculated opportunity across 2 products.
- United Kingdom (GBR): $4.1B calculated opportunity across 1 products.
- Mexico (MEX): $3.8B calculated opportunity across 3 products.
- Republic of Korea (KOR): $1.9B calculated opportunity across 1 products.
- Taiwan (TWN): $1.1B calculated opportunity across 1 products.
- Australia (AUS): $750.9M calculated opportunity across 1 products.

## Growth stars

- HS 340130: +65.2% average CAGR, $479.5M calculated opportunity.
- HS 382499: +43.4% average CAGR, $11.5B calculated opportunity.
- HS 300439: +39.0% average CAGR, $556.4M calculated opportunity.
- HS 300420: +33.7% average CAGR, $2.6B calculated opportunity.
- HS 340600: +15.3% average CAGR, $640.9M calculated opportunity.
- HS 350691: +14.0% average CAGR, $397.4M calculated opportunity.
- HS 300490: +12.8% average CAGR, $73.2B calculated opportunity.
- HS 382200: +8.8% average CAGR, $2.8B calculated opportunity.
- HS 281820: +2.7% average CAGR, $1.8B calculated opportunity.
- HS 330590: +0.8% average CAGR, $755.4M calculated opportunity.

## Diversification opportunities

- HS 300490: 12 buyer markets, $73.2B calculated opportunity.
- HS 382499: 6 buyer markets, $11.5B calculated opportunity.
- HS 330300: 4 buyer markets, $4.7B calculated opportunity.
- HS 382200: 3 buyer markets, $2.8B calculated opportunity.
- HS 330210: 2 buyer markets, $6.5B calculated opportunity.
- HS 330499: 2 buyer markets, $2.8B calculated opportunity.
- HS 300420: 2 buyer markets, $2.6B calculated opportunity.
- HS 330590: 2 buyer markets, $755.4M calculated opportunity.
- HS 281820: 1 buyer markets, $1.8B calculated opportunity.
- HS 300390: 1 buyer markets, $1.2B calculated opportunity.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, standards, logistics, pricing, and competition before acting. [Read the Yugalinks methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.