Saudi Arabia (SAU) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Belize Trade: In 2022, Saudi Arabia exported $1.45k to Belize. The main products that Saudi Arabia exported to Belize were Cars ($850), Motorcycles and cycles ($444), and Industrial Printers ($99). Over the past 5 years the exports of Saudi Arabia to Belize have increased at an annualized rate of 15.5%, from $705 in 2017 to $1.45k in 2022.

In 2022, Saudi Arabia did not export any services to Belize.

Belize-Saudi Arabia Trade: In 2022, Belize exported $30.3k to Saudi Arabia. The main products that Belize exported to Saudi Arabia were Dried Legumes ($30.3k). Over the past 5 years the exports of Belize to Saudi Arabia have decreased at an annualized rate of 25.8%, from $135k in 2017 to $30.3k in 2022.

In 2022, Belize did not export any services to Saudi Arabia.

Comparison In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $1.45k to Belize. The main products exported from Saudi Arabia to Belize were Cars ($850), Motorcycles and cycles ($444), and Industrial Printers ($99). During the last 5 years the exports of Saudi Arabia to Belize have increased at an annualized rate of 15.5%, from $705 in 2017 to $1.45k in 2022.

In 2017, Belize exported $30.3k to Saudi Arabia. The main products exported from Belize to Saudi Arabia were Dried Legumes ($30.3k). During the last 5 years the exports of Belize to Saudi Arabia have decreased at an annualized rate of 25.8%, from $135k in 2022 to $30.3k in 2017.

Exports from Saudi Arabia () to Belize () (2022)

Exports from Belize () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Belize ()

Belize Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Saudi Arabia than Belize included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Belize than Saudi Arabia included Honduras ($19.9M), Jamaica ($14.9M), and Trinidad and Tobago ($14.7M).

Difference in imports from Belize () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Belize in the exports of Transportation ($1.29k), Machines ($99), and Textiles ($58).

During 2017, Belize had a large net trade with Saudi Arabia in the exports of Vegetable Products ($30.3k).

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

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Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Belize () (2022)

Exports from Belize () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Belize ()

Belize Exports

Market Competitiveness

Difference in imports from Belize () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Belize

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Belize () (2022)

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