Belize (BLZ) and Nepal (NPL) Trade | The Observatory of Economic Complexity

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Belize-Nepal Trade: In 2022, Belize exported $325k to Nepal. The main products that Belize exported to Nepal were Motor-working Tools ($322k) and Medical Instruments ($3.22k). Over the past 7 years the exports of Belize to Nepal have increased at an annualized rate of 111%, from $1.76k in 2015 to $325k in 2022.

In 2022, Belize did not export any services to Nepal.

Nepal-Belize Trade: In 2022, Nepal exported $12k to Belize. The main products that Nepal exported to Belize were N/A. Over the past 7 years the exports of Nepal to Belize have decreased at an annualized rate of 18.8%, from $33.9k in 2015 to $12k in 2022.

In 2022, Nepal did not export any services to Belize.

Comparison In 2022, Belize ranked 175 in total exports ($399M). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $325k to Nepal. The main products exported from Belize to Nepal were Motor-working Tools ($322k) and Medical Instruments ($3.22k). During the last 7 years the exports of Belize to Nepal have increased at an annualized rate of 111%, from $1.76k in 2015 to $325k in 2022.

In 2009, Nepal exported $12k to Belize. There were not main exports from Nepal to Belize in 2009. During the last 5 years the exports of Nepal to Belize have decreased at an annualized rate of 18.8%, from $33.9k in 2014 to $12k in 2009.

Exports from Belize () to Nepal () (2022)

Exports from Nepal () to Belize () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Nepal
Top DestinationIndia$956M

This map shows whether countries import more from Belize or Nepal. Each country is colored based on the difference in imports they receive from Belize and Nepal or the difference in the growth in imports.

In 2022, countries that imported more from Belize than Nepal included Guatemala ($39.2M), United Kingdom ($64.3M), and Spain ($28.7M).

In 2022, countries that imported more from Nepal than Belize included India ($956M), United States ($152M), and Germany ($43M).

Difference in imports from Nepal () and Belize () (2022)

Comparative Advantage Belize - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Belize and Nepal by product, considering products traded by both, Belize and Nepal.

During 2022, Belize had a large net trade with Nepal in the exports of Machines ($322k) and Instruments ($3.22k).

During 2009, Nepal had a large net trade with Belize in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Belize and Nepal. This means that a dot/product with the flag of Belize indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Belize.

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Nepal () (2022)

Exports from Nepal () to Belize () (2022)

Market Competitiveness

Difference in imports from Nepal () and Belize () (2022)

Comparative Advantage Belize - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belize () and Nepal () (2022)

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