Uruguay (URY) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Uruguay-Belize Trade: In 2022, Uruguay exported $381k to Belize. The main products that Uruguay exported to Belize were Rolled Tobacco ($216k), Other Mineral ($96.8k), and Paper Containers ($49.1k). Over the past 5 years the exports of Uruguay to Belize have decreased at an annualized rate of 15.5%, from $886k in 2017 to $381k in 2022.

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

Belize-Uruguay Trade: In 2022, Belize exported $7.29k to Uruguay. The main products that Belize exported to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($3.28k), Chemical Analysis Instruments ($1.8k), and Safety Glass ($951). Over the past 5 years the exports of Belize to Uruguay have decreased at an annualized rate of 18.5%, from $20.2k in 2017 to $7.29k in 2022.

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

Comparison In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uruguay exported $381k to Belize. The main products exported from Uruguay to Belize were Rolled Tobacco ($216k), Other Mineral ($96.8k), and Paper Containers ($49.1k). During the last 5 years the exports of Uruguay to Belize have decreased at an annualized rate of 15.5%, from $886k in 2017 to $381k in 2022.

In 2017, Belize exported $7.29k to Uruguay. The main products exported from Belize to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($3.28k), Chemical Analysis Instruments ($1.8k), and Safety Glass ($951). During the last 5 years the exports of Belize to Uruguay have decreased at an annualized rate of 18.5%, from $20.2k in 2022 to $7.29k in 2017.

Exports from Uruguay () to Belize () (2022)

Exports from Belize () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Belize ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Uruguay than Belize included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

In 2022, countries that imported more from Belize than Uruguay included Honduras ($19.9M), Hungary ($18.3M), and Cote d'Ivoire ($10.4M).

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

Comparative Advantage Uruguay - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Belize in the exports of Foodstuffs ($217k), Mineral Products ($96.8k), and Paper Goods ($49.1k).

During 2017, Belize had a large net trade with Uruguay in the exports of Transportation ($3.28k), Instruments ($1.8k), and Machines ($958).

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

About

Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Belize () (2022)

Exports from Belize () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Belize ()

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Uruguay - Belize

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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