Belize (BLZ) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Belize-Philippines Trade: In 2022, Belize exported $63 to Philippines. The main products that Belize exported to Philippines were Plastic Housewares ($63). Over the past 8 years the exports of Belize to Philippines have decreased at an annualized rate of 55.4%, from $40.2k in 2014 to $63 in 2022.

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

Philippines-Belize Trade: In 2022, Philippines exported $255k to Belize. The main products that Philippines exported to Belize were Rolled Tobacco ($189k), Wadding ($33.3k), and Electrical Transformers ($15.6k). Over the past 8 years the exports of Philippines to Belize have decreased at an annualized rate of 27%, from $1.69M in 2014 to $255k in 2022.

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

Comparison In 2022, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index. That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $63 to Philippines. The main products exported from Belize to Philippines were Plastic Housewares ($63). During the last 8 years the exports of Belize to Philippines have decreased at an annualized rate of 55.4%, from $40.2k in 2014 to $63 in 2022.

In 2017, Philippines exported $255k to Belize. The main products exported from Philippines to Belize were Rolled Tobacco ($189k), Wadding ($33.3k), and Electrical Transformers ($15.6k). During the last 5 years the exports of Philippines to Belize have decreased at an annualized rate of 27%, from $1.69M in 2022 to $255k in 2017.

Exports from Belize () to Philippines () (2022)

Exports from Philippines () to Belize () (2022)

Latest Data

Trade between Belize () and Philippines ()

Belize Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Belize than Philippines included Guatemala ($39.2M), Honduras ($19.9M), and Jamaica ($14.9M).

In 2022, countries that imported more from Philippines than Belize included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Belize - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Philippines in the exports of Plastics and Rubbers ($63).

During 2017, Philippines had a large net trade with Belize in the exports of Foodstuffs ($189k), Textiles ($34.6k), and Machines ($20.2k).

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 Philippines. This means that a dot/product with the flag of Belize indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Belize.

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Historical Data

Bilateral Trade by Products

Exports from Belize () to Philippines () (2022)

Exports from Philippines () to Belize () (2022)

Latest Data

Trade between Belize () and Philippines ()

Belize Exports

Philippines Exports

Market Competitiveness

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

Comparative Advantage Belize - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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