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2022
Flag → Flag
Exports $21.4MRnk 168 / 217
2022
Flag → Flag
Top Product $6.39MRolled Tobacco
2022
Flag → Flag
Exports $864kRnk 37 / 128
2022
Flag → Flag
Top Product $230kAnimal Food
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

About

India-Belize Trade: In 2022, India exported $21.4M to Belize. The main products that India exported to Belize were Rolled Tobacco ($6.39M), Knit Men's Shirts ($1.64M), and Packaged Medicaments ($1.44M). Over the past 5 years the exports of India to Belize have increased at an annualized rate of 4.21%, from $17.4M in 2017 to $21.4M in 2022.

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

Belize-India Trade: In 2022, Belize exported $864k to India. The main products that Belize exported to India were Animal Food ($230k), Light Rubberized Knitted Fabric ($155k), and Scrap Iron ($127k). Over the past 5 years the exports of Belize to India have decreased at an annualized rate of 16.9%,  from $2.17M in 2017 to $864k in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, India exported $788k and imported $67.3k from Belize, resulting in a positive trade balance of $720k. Between June 2023 and June 2024 the exports of India have decreased by $-383k (-32.7%) from $1.17M to $788k, while imports increased by $13.7k (25.7%) from $53.5k to $67.3k.

Trade In June 2024, the top exports of India to Belize were Tobacco Manufactured ($1.11M), Agro Chemicals ($113k), Electric Machinery And Equipme ($61.3k), Rmg Manmade Fibres ($37.7k), and Rmg Cotton Incl Accessories ($36.4k). In June 2024 the top imports of India from Belize were Oth Txtl Yrn, Fbric Mdup Artcl ($65.8k), Auto Components/Parts ($18.7k), and Electric Machinery And Equipme ($9.54k).

Growth In June 2024, the decrease in India's year-by-year exports to Belize was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-60.6k or -75%). In June 2024, the increase in India's year-by-year imports  from Belize was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)$-383k(-32.7%)
IMPORT GROWTH (June 2023 - June 2024)$13.7k(25.7%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Belize and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Belize and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $21.4M to Belize. The main products exported from India to Belize were Rolled Tobacco ($6.39M), Knit Men's Shirts ($1.64M), and Packaged Medicaments ($1.44M). During the last 5 years the exports of India to Belize have increased at an annualized rate of 4.21%, from $17.4M in 2017 to $21.4M in 2022.

In 2017, Belize exported $864k to India. The main products exported from Belize to India were Animal Food ($230k), Light Rubberized Knitted Fabric ($155k), and Scrap Iron ($127k). During the last 5 years the exports of Belize to India have decreased at an annualized rate of 16.9%, from $2.17M in 2022 to $864k in 2017.

Exports from India (Flag) to Belize (Flag) (2022)

Exports from Belize (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from India than Belize included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Belize than from India.

Difference in imports from Belize (Flag) and India (Flag) (2022)

Comparative Advantage India - Belize

Flow
Scale

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

During 2022, India had a large net trade with Belize in the exports of Foodstuffs ($6.62M), Textiles ($5.88M), and Chemical Products ($3.08M).

During 2017, Belize had a large net trade with India in the exports of Textiles ($355k), Foodstuffs ($230k), and Metals ($130k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Belize+N/AN/A
Top Product Potential Belize India+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Belize (Flag) (2022)

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