Belize Trade '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) 1 797 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 4 239 Merchandise 169 173 Current account balance (% GDP, 2021) -8.9 excluding intra-EU trade 143 148 Trade per capita (US$, 2019-2021) 2 399 Commercial services 131 171 Trade (% GDP, 2019-2021) 56.6 excluding intra-EU trade 105 145 Value Million US$ 2021 424 1 061 2021 2021 0.00 0.00 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS1701 Cane or beet sugar 69 HS2402 Cigars, cheroots, cigarillos 51 HS0803 Bananas, including plantains 46 HS2203 Beer made from malt 17 HS2203 Beer made from malt 18 HS2106 Other food preparations 13 HS2009 Fruit juices and vegetable juices 17 HS1517 Margarine; edible mixtures oil 12 HS2302 Bran, sharps and other residues 13 HS2309 Preparations of a kind used in animal feeding 10 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 208 4 0 20 Imports 223 8 1 10 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS0306 Crustaceans whether in shell or not 19 HS2710 Petroleum oils, other than crude 113 HS0307 Molluscs whether in shell or not 8 HS2711 Petroleum gases 19 HS2710 Petroleum oils, other than crude 7 HS6404 Footwear, uppers textile material 18 HS2709 Petroleum oils, crude 4 HS3808 Insecticides, rodenticides 17 HS4418 Builders' wood joinery, carpentry 4 HS3105 Mineral or chemical fertilisers 17 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 56 -9 -46 43 Imports 836 6 -26 43

MERCHANDISE

Merchandise exports, f.o.b. -1 -32 47 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 4 -20 35 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change 0% 20% 40% HS0306 HS0307 HS2710 HS2709 HS4418 Exports 0% 5% 10% 15% HS2710 HS2711 HS6404 HS3808 HS3105 Imports 0% 10% 20% 30% HS2402 HS2203 HS2106 HS1517 HS2309 Imports 0% 20% 40% HS1701 HS0803 HS2203 HS2009 HS2302 Exports Agricultural products: 66.4 Fuels and mining products: 2.5 Manufactures: 4.7 Other: 26.4 Agricultural products: 27 Fuels and mining products: 10.7 Manufactures: 62.1 Other: 0.2 United Kingdom: 22.9 United States of America: 22.2 European Union: 18.3 Mexico: 8.4 Guatemala: 7 Other: 21.2 United States of America: 35.9 China: 15.9 Mexico: 12.9 Guatemala: 12.2 European Union: 4.2 Other: 18.9

40 World Trade Organization – Trade Profiles 2022

Belize

Value Million US$ 2021 571 278 2021 2021 0.01 0.01 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2021 Exports 28 Imports 124 Exports Value Imports Value Share (%) By sea (2021) 18 By sea (2021) 123 98.8 By air (2021) 10 By air (2021) 1 1.1 By other (2021) 0 By other (2021) 0 0.0 Value Million US$ 2021 Exports 381 Imports 41 Million US$ Value 2021 Other commercial services Exports 162 Imports 112 2021 Goods-related services Exports 0 Imports 0 Residents Total Residents Total Residents Total na 23 23 118 729 847 5 82 87 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 32 56 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 na 10 13 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 Transport Annual percentage change 2010-2021 2020 2021 3 -1 3 1 -53 54 -53 102 INDUSTRIAL PROPERTY na na na 59 -38 6 By main services item, % (2021) By main destination Share in world total exports (%) Share in world total imports (%) Annual percentage change -40 50 6 2010-2021 2020 79 Commercial services exports Commercial services imports 5 2021

Share (%) 65.4 34.6 0.0 na na -29 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2021) By main origin Travel exports (Index 2010=100) na -100 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) -2 7 3 94 Annual percentage change 0 100 200 300 2010 2014 2018 2021 Belize World 0 100 200 2010 2014 2018 2021 Belize World Transport: 4.9 Travel: 66.7 Other commercial services: 28.4 Goods-related services: 0 Transport: 44.8 Travel: 14.9 Other commercial services: 40.3 Goods-related services: 0 49.9 45.7 2.3 2.1 Other business services ICTs Financial services Other Belize 41 World Trade Organization – Trade Profiles 2022

TRADE IN COMMERCIAL SERVICES