Belize (BLZ) and Peru (PER) Trade | The Observatory of Economic Complexity

About

Belize-Peru Trade: In 2022, Belize exported $321k to Peru. The main products that Belize exported to Peru were Office Machine Parts ($125k), Non-fillet Frozen Fish ($56.5k), and Dried Legumes ($55.3k). Over the past 5 years the exports of Belize to Peru have increased at an annualized rate of 44.9%, from $50.2k in 2017 to $321k in 2022.

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

Peru-Belize Trade: In 2022, Peru exported $1.04M to Belize. The main products that Peru exported to Belize were Phosphinates (hypophosphites) and phosphonates (phosphites) ($305k), Barbed Wire ($239k), and Tea ($128k). Over the past 5 years the exports of Peru to Belize have increased at an annualized rate of 13.5%, from $555k in 2017 to $1.04M in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $321k to Peru. The main products exported from Belize to Peru were Office Machine Parts ($125k), Non-fillet Frozen Fish ($56.5k), and Dried Legumes ($55.3k). During the last 5 years the exports of Belize to Peru have increased at an annualized rate of 44.9%, from $50.2k in 2017 to $321k in 2022.

In 2017, Peru exported $1.04M to Belize. The main products exported from Peru to Belize were Phosphinates (hypophosphites) and phosphonates (phosphites) ($305k), Barbed Wire ($239k), and Tea ($128k). During the last 5 years the exports of Peru to Belize have increased at an annualized rate of 13.5%, from $555k in 2022 to $1.04M in 2017.

Exports from Belize () to Peru () (2022)

Exports from Peru () to Belize () (2022)

Latest Data

Trade between Belize () and Peru ()

Belize Exports

Date

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Belize than Peru included Hungary ($18.3M), Dominica ($1.29M), and Barbados ($3.37M).

In 2022, countries that imported more from Peru than Belize included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Belize - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Peru in the exports of Machines ($149k), Vegetable Products ($58.8k), and Animal Products ($56.5k).

During 2017, Peru had a large net trade with Belize in the exports of Chemical Products ($330k), Metals ($248k), and Vegetable Products ($128k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Belize () to Peru () (2022)

Exports from Peru () to Belize () (2022)

Latest Data

Trade between Belize () and Peru ()

Belize Exports

Peru Exports

Market Competitiveness

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

Comparative Advantage Belize - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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