belize trade partners

This statistic is not included in your account. It had ranked No. Its membership is comprised primarily of accommodation providers including hotels, resorts, lodges, condominiums, educational facilities and home-stays with allied members including tour operators and ancillary businesses that service the hospitality industry. facts. All Rights Reserved. dollars)." We offer exporting information, counseling, and cost-effective end-to-end business solutions. Between the Great Blue Hole and the ancient Maya temple at Xunantunich, you’ll find caving, diving, hiking, zip-lining, jungles, exotic animals and much more. Foreign Trade Statistics, 2000-20044. International Trade in Belize During the recent years, the economy of Belize has experienced a positive evolution with a sustained level of growthl. This feature is limited to our corporate solutions. Exports in Belize increased to 32.10 BZ $ Million in August from 29 BZ $ Million in July of 2020. Belize is the perfect destination for the traveler who seeks action and intrigue. The United States remained the Belize’s largest importing partner, accounting for 42.5% of overall imports. Register in seconds and access exclusive features. U.S. imports of trade goods from China 1985-2019, U.S. imports, as a percentage of GDP 1990-2018. That is, most products are imported from these countries to Belize. Please contact us to get started with full access to dossiers, forecasts, studies and international data. A paid subscription is required for full access. Trade is equally of crucial significance to poverty reduction and welfare enhancement through employment creation in the formal […] On the other hand, it is Belize’s second largest export destination after the United Kingdom, with 23% of exports or $45.3 million. 2005. 2005 : Trade and investment flows - links : Belize Central Statistical Office : Caribbean Community (CARICOM) Secretariat. For 2018, the United States remained Belize’s lead trading partner. Please authenticate by going to "My account" → "Administration". The local market is of modest size but Belize's territory (23,000 KM2) is endowed with various resources: agricultural … As a Premium user you get access to the detailed source references and background information about this statistic. (November 5, 2020). Belize flag (FlagPictures) Once called British Honduras, the independent Commonwealth country now named Belize shipped US$244.9 million worth of goods around the globe in 2019. The other three banks are Heritage Bank, Atlantic Bank, and Scotiabank (Belize). Trade is important and the major trading partners are the United States, Mexico, the United Kingdom, the European Union, and CARICOM. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Tourism has since become one of the primary economic industries in Belize. Belize - Trade AgreementsBelize - Trade Agreements Describes bilateral and multilateral trade agreements that this country is party to, including with the United States. Chart. Global ... View All Export/Import Trade Partners Traded Goods (at the 2-digit HS Code level) Top 10 Export Goods. Statistics Presentation of the main economic and trade cooperations of Belize and customs duties applied in Belize. Accessed December 13, 2020. https://www.statista.com/statistics/1184997/value-trade-belize-countries/, Trade Map. Exports in Belize averaged 44.04 BZ $ Million from 2005 until 2020, reaching an all time high of 97.57 BZ $ Million in March of 2012 and a record low of 15.70 BZ $ Million in December of 2017. Belize - Belize - Economy: Belize has a developing free-market economy. Belize recorded a trade deficit of 111.60 BZ $ Million in August of 2020. The U.S. Embassy in Belize typically has a booth at the Expo where U.S. companies are welcome to participate. Corporate solution including all features. You can only download this statistic as a Premium user. Belize ranked No. Countryaah.com © 2020. Update, Insights into the world's most important technology markets, Advertising & Media Outlook SICE calculations. The source does not provide an exact date of publication. Government and business leaders have forged innovative strategies aimed at accelerating the investment climate in the country, but any prospective investor should never forget that this is a Third World country with all the attendant risks that category of investment poses. Agriculture in Belize is the most critical industry in the overall economy and employs well over one-third of the country's labor force, and in 1999 the industry accounted for approximately 22% of the country's GDP and approximately 60% of all export revenues. Belize is the perfect destination for your clients, as there is much to see and do. The change in exports was 39.32 percent and the change in imports was 20.24 percent. Are you interested in testing our corporate solutions? The Ministry of Economic Development, Petroleum, Investment, Trade and Commerce, through the Belize Trade and Investment Development Service (BELTRAIDE) in collaboration with Connect Americas of the Inter-American Development Bank (IDB) and the Caribbean Association of Investment Promotion Agencies (CAIPA), is launching the Belize Investment Portfolio. While in 2008, Belize exports were recorded at $464.7 million, the export volume dropped to $395 million in 2009. Through history, the economy of Belize has relied heavily on its primary industry of logging. The Belize Hotel Association (BHA) is a non-profit, non-government organization and Belize’s oldest private sector tourism organization. The Expo Belize Market Place trade show is organized by the Belize Chamber of Commerce and Industry, the largest private sector organization in the country. Currently, the BCCI boasts a fluctuating membership of almost three hundred (300) Belizean businesses from a wide cross-section of … Belize Trade Statistics. This page is dedicated to people needing parts from Europe and the UK diesel engines, vehicles, trucks bikes etc. Trade plays a significant role in the growth and development processes of countries through its linkages with most sectors of the economy. Balance of Trade in Belize averaged -97.68 BZ $ Million from 2005 until 2020, reaching an all time high of -26.27 BZ $ Million in March of 2012 and a record low of -159.67 BZ $ Million in December of 2015. Trade Map. Last modified November 17, 2019. Leading trading partners with Belize in 2019, by total trading value (in 1,000 U.S. dollars) [Graph]. This happens via the effective operation of market mechanisms through which producers and consumers interact. 2 talking about this. Figures have been rounded. Learn more about how Statista can support your business. The Belize Chamber of Commerce and Industry (BCCI) is the largest private sector membership based organization in Belize. The release date corresponds to the date of consultation. Belize trade suffered during the global recession. The Expo is a two-day event usually held in September. Total imports in 2000 totaled $446 million while total exports were only $349.9 million. The most common import partners for Belize are United States ($392M), Mexico ($120M), China ($119M), Guatemala ($69.1M), and Panama ($29.5M). Please do not hesitate to contact me. Belize Central Statistical Office. In the 20th century, agriculture in Belize grew under the production of citrus, bananas, and sugar. The second lists top trade partners of Belize regarding import total (buying). Statista. Profit from additional features by authenticating your Admin account. That dollar amount reflects a -22% drop since 2015 but a 0.7% rise from 2018 to 2019. Belize’s total trade with the United States was $37.43 million in September, a change of 37.57 percent from the same month one year ago. In October 2008 Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, Saint Kitts and Nevis, Suriname, Trinidad and Tobago, and the Dominican Republic signed the CARIFORUM-EU Economic Partnership Agreement with the EU.. Haiti signed the agreement in December 2009, but is not applying it yet, pending its ratification. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Merchandise Trade statistics data for Belize (BLZ) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. globalEDGE - Your source for business knowledge Menu. The first table below shows top trading partners of Belize in terms of export sales (selling), including United States, United Kingdom, and Netherlands. You need a Single Account for unlimited access. HS Code Export USD$ (17) Sugar & Confectionery: $73,544,267 (08) Fruit & Nuts: Belize has four commercial bank groups, of which the largest and oldest is Belize Bank. ", Trade Map, Leading trading partners with Belize in 2019, by total trading value (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1184997/value-trade-belize-countries/ (last visited December 13, 2020), Leading trading partners with Belize in 2019, by total trading value, Share of the leading merchandise importers worldwide 2019, by importing nation, Total value of international U.S. imports of goods and services 2000-2019, U.S. foreign trade - imports of trade goods and services by quarter 2010-2020, U.S. foreign trade - balance of trade goods and services by quarter 2010-2020, Value of international U.S. trade imports of services 2000-2019, Change in U.S. imports of trade goods 1990-2019, Change in U.S. imports of services 2000-2019, U.S. imports of trade goods in 2019, by state, Breakdown of U.S. imports of goods by main commodity group 2018, Breakdown of U.S. imports of services 2019, by type, U.S. imports of trade goods in 2019, by product industry class (NAICS), Growth rate of U.S. imports of trade goods in 2019, by product industry class (NAICS), Value of U.S. private services imports from the world 2018, by service type, Import value of goods to the U.S. by product category 2019, U.S. imports of advanced technology products 2019, U.S. energy merchandise trade value 1975-2019, Main import partners for the United States 2017, U.S. imports of trade goods from Canada 1985-2019, U.S. imports of trade goods from Mexico 1985-2019, U.S. import growth of trade goods from China 2009-2019, Value of the leading U.S. imports from China 2019, by commodity, South Korea's total imports compared to North Korea 1990-2018, South Korea's total exports compared to North Korea 1990-2018, South Korea trade value with ASEAN countries 2013-2018, Garment industry's share of total exports Bangladesh 2011-2020, United Kingdom total trade value 2016-2020, El Salvador: main trade partners 2019, by trading value, Honduras: main trade partners 2019, by trading value, Belize: main trade partners 2019, by trading value, Nicaragua: main trade partners 2019, by trading value, Costa Rica: main trade partners 2019, by trading value, Trade value of plastic waste from Germany into Malaysia 2010-2017, Trade value of plastic waste imported from the U.S. into Singapore 2010-2017, Trade value of plastic waste from the U.S. into Malaysia 2010-2017, Trade value of total plastic waste imports Malaysia 2010-2017, Trade value of total plastic waste imported into Singapore 2010-2017, Value of total exports from Turkey to the EU28 from 2009 to 2018, Value of total imports from the EU28 to Turkey 2009 to 2018, Guatemala: main trade partners 2019, by trading value, Value of total exports from Hong Kong 2009-2019, Leading trading partners with Belize in 2019, by total trading value (in 1,000 U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 395 million in 2009 Commerce and industry ( BCCI ) is the perfect itinerary a sustained level of growthl,! 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