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Trade & investment · Latin America & Caribbean · Upper-middle income

Belize: trade and investment

Exports is 55.2% (2024), 42nd of 184 in the world and 4th of 27 in Latin America & Caribbean. Imports is 53.7% (2024), 67th of 184 in the world and 8th of 27 in Latin America & Caribbean. Trade openness is 109.0% (2024), 49th of 184 in the world and 5th of 27 in Latin America & Caribbean.

Exports
BelizeLatin America & CaribbeanUpper-middle incomeWorld
0%20%40%60%1995200020052010201520202025Belize55.2%Latin America & CaribbeanUpper-middle incomeWorld
Imports
BelizeLatin America & CaribbeanUpper-middle incomeWorld
0%20%40%60%1995200020052010201520202025Belize53.7%Latin America & CaribbeanUpper-middle incomeWorld
12 indicators

Trade & investment: Belize in detail

Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
ExportsExports of goods and services, % of GDP55.2%202442/1844/2742.9%50.6%37.6%−0.3 ppsince 201426.1%25.9%29.5%
ImportsImports of goods and services, % of GDP53.7%202467/1848/2753.7%44.2%44.0%+2.1 ppsince 201426.4%23.8%28.5%
Trade opennessTrade, % of GDP109.0%202449/1845/2796.6%94.9%81.6%+1.9 ppsince 201449.1%48.9%68.5%
Current accountCurrent account balance, % of GDP-2.8%2025107/18522/35-14.2%-2.6%-6.2%+5.2 ppsince 2015———
Merchandise exportsMerchandise exports, current US$$444m2025169/20626/39$196m$478m$289m−17%since 2015$1.7tn$7.7tn$26.4tn
High-tech exportsHigh-technology exports, % of manufactured exports0.0%2024166/17030/32·0.0%0.9%±0.0 ppsince 201413.1%23.2%24.7%
Fuel exportsFuel exports, % of merchandise exports0.0%2025154/17227/320.0%37.2%1.3%−6.8 ppsince 20158.8%5.2%9.5%
Food exportsFood exports, % of merchandise exports95.3%20254/1721/3287.3%59.7%93.6%+24.9 ppsince 201523.6%9.0%9.0%
Average tariffApplied tariff rate, weighted mean, all products18.1%20227/1842/3510.7%200111.7%18.7%+9.9 ppsince 2012———
FDI inflowsForeign direct investment, net inflows, % of GDP0.0%2025177/19735/382.6%5.5%3.7%−2.7 ppsince 20152.8%1.1%1.4%
RemittancesPersonal remittances received, % of GDP3.7%202567/17814/352.2%4.5%5.9%−0.1 ppsince 20152.4%1.0%0.8%
Tourist arrivalsInternational tourist arrivals487,0002020125/19627/41374,0001.1m487,000−54%since 2010202m573m2.4bn
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours

Belize and its neighbours

Countries sharing a land border with Belize. Latest values since 2005; the highest in each row is marked.

IndicatorBelizeMexicoGuatemala
Exports55.2%202439.6%202515.6%2025
Imports53.7%202440.3%202531.0%2025
Trade openness109.0%202479.9%202546.5%2025
Current account-2.8%2025-0.5%20254.7%2025
Merchandise exports$444m2025$665bn2025$15.6bn2025
High-tech exports0.0%202419.3%20245.4%2024
Fuel exports0.0%20253.0%20252.5%2025
Food exports95.3%20257.5%202546.8%2025
Average tariff18.1%20221.6%20222.4%2022