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2022
Flag → Flag
Exports $299kRnk 56 / 128
2022
Flag → Flag
Top Product $218kCrustaceans
2022
Flag → Flag
Exports $1.36MRnk 180 / 215
2022
Flag → Flag
Top Product $474kOther Edible Preparations
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC $6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Belize-Singapore Trade: In 2022, Belize exported $299k to Singapore. The main products that Belize exported to Singapore were Crustaceans ($218k), Low-voltage Protection Equipment ($27.2k), and Worked Ivory and Bone ($15k). Over the past 5 years the exports of Belize to Singapore have decreased at an annualized rate of 24.3%, from $1.2M in 2017 to $299k in 2022.

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

Singapore-Belize Trade: In 2022, Singapore exported $1.36M to Belize. The main products that Singapore exported to Belize were Other Edible Preparations ($474k), Chocolate ($162k), and Refined Petroleum ($118k). Over the past 5 years the exports of Singapore to Belize have decreased at an annualized rate of 5.46%,  from $1.8M in 2017 to $1.36M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belize exported $299k to Singapore. The main products exported from Belize to Singapore were Crustaceans ($218k), Low-voltage Protection Equipment ($27.2k), and Worked Ivory and Bone ($15k). During the last 5 years the exports of Belize to Singapore have decreased at an annualized rate of 24.3%, from $1.2M in 2017 to $299k in 2022.

In 2017, Singapore exported $1.36M to Belize. The main products exported from Singapore to Belize were Other Edible Preparations ($474k), Chocolate ($162k), and Refined Petroleum ($118k). During the last 5 years the exports of Singapore to Belize have decreased at an annualized rate of 5.46%, from $1.8M in 2022 to $1.36M in 2017.

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

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

Latest Data

Trade between Belize (Flag) and Singapore (Flag)

Belize Exports

Singapore Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.5M
Singapore
Top DestinationHong Kong$51.6B

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

In 2022, countries that imported more from Belize than Singapore included Honduras ($19.9M), Jamaica ($14.9M), and Saint Lucia ($1.75M).

In 2022, countries that imported more from Singapore than Belize included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Belize - Singapore

Flow
Scale

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

During 2022, Belize had a large net trade with Singapore in the exports of Animal Products ($218k), Machines ($34.4k), and Miscellaneous ($15k).

During 2017, Singapore had a large net trade with Belize in the exports of Foodstuffs ($789k), Machines ($371k), and Mineral Products ($118k).

Economic Complexity

Competitive Landscape

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

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

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