The United States is a principal trading partner and source of investment funds for Belize. According to the latest available trade data, in 2020 the United States accounted for 22.22 percent of Belize’s total exports and 40.27 percent of its total imports.
What does Belize export to USA?
The main exports were sugar and molasses (30%), bananas (18.5%), citrus (15.7%), marine products (10.7%), and crude petroleum (6.3%). As a consumer country that relies heavily on imports, Belize’s trade imbalance continues to grow. Belize’s gross imports for 2018 totaled $957.7 million, up from 2017’s $913.2 million.
Who does Belize trade with?
In 2016, Belize major trading partner countries for exports were United States, United Kingdom, Jamaica, Netherlands and Ireland and for imports they were United States, China, Mexico, Curaçao and Guatemala.
Is Belize an ally of the US?
Relations between Belize and the United States have traditionally been close and cordial. The United States is Belize’s principal trading partner and major source of investment funds.
What is Belize biggest export?
The country’s main exports are seafood, sugar, citrus products, bananas, and clothing, and its chief imports include machinery and transport equipment, food, fuels and lubricants, and chemicals. Since the 1990s, Belize has had a substantial trade deficit in goods.
Which country does Belize Trade with the most?
Belize top 5 Export and Import partners
|Exporter||Trade (US$ Mil)||Partner share(%)|