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Belize is the 166th largest export economy in the world. In 2016, Belize exported $439M and imported $1.08B, resulting in a negative trade balance of $638M.

The top exports of Belize are Raw Sugar ($128M), Bananas ($47.4M), Fruit Juice ($46.4M), Raw Tobacco ($24.2M) and Crustaceans ($18.3M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($85M), Rolled Tobacco ($49.8M), Telephones ($31.2M), Delivery Trucks ($23.5M) and Trunks and Cases ($23.3M).

The top export destinations of Belize are Burma ($106M), the United States ($86.3M), the United Kingdom ($74M), Spain ($14.8M) and Jamaica ($14.5M). The top import origins are the United States ($357M), Mexico ($125M), China ($117M), Guatemala ($81.1M) and Curaçao ($66.5M).

Belize borders Guatemala and Mexico by land and Honduras by sea.

Economic Complexity of Belize

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