Nepal (NPL) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Nepal-Belize Trade: In 2014, Nepal exported $12k to Belize. The main products that Nepal exported to Belize were N/A. Over the past 19 years the exports of Nepal to Belize have decreased at an annualized rate of 7.29%, from $50.3k in 1995 to $12k in 2014.

In 2014, Nepal did not export any services to Belize.

Belize-Nepal Trade: In 2014, Belize exported $325k to Nepal. The main products that Belize exported to Nepal were Motor-working Tools ($322k) and Medical Instruments ($3.22k). Over the past 19 years the exports of Belize to Nepal have increased at an annualized rate of 399%, from $105 in 1995 to $325k in 2014.

In 2014, Belize did not export any services to Nepal.

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B). That same year, Belize ranked 175 in total exports ($399M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2014, Nepal exported $12k to Belize. There were not main exports from Nepal to Belize in 2014. During the last 19 years the exports of Nepal to Belize have decreased at an annualized rate of 7.29%, from $50.3k in 1995 to $12k in 2014.

In 2017, Belize exported $325k to Nepal. The main products exported from Belize to Nepal were Motor-working Tools ($322k) and Medical Instruments ($3.22k). During the last 5 years the exports of Belize to Nepal have increased at an annualized rate of 399%, from $105 in 2022 to $325k in 2017.

Exports from Nepal () to Belize () (2022)

Exports from Belize () to Nepal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Nepal than Belize included India ($956M), United States ($152M), and Germany ($43M).

In 2022, countries that imported more from Belize than Nepal included Guatemala ($39.2M), United Kingdom ($64.3M), and Spain ($28.7M).

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

Comparative Advantage Nepal - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2014, Nepal had a large net trade with Belize in the exports of .

During 2017, Belize had a large net trade with Nepal in the exports of Machines ($322k) and Instruments ($3.22k).

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

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Belize () (2022)

Exports from Belize () to Nepal () (2022)

Market Competitiveness

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

Comparative Advantage Nepal - Belize

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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