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Basic Information

Area 22,923 km2
Capital Belmopan
Official Language English
GDP per capita US $4,785
GDP US$ 1,855 billion
Imports US$ 913.2 million
Exports US$ 222.8 million
Currency Belize Dollar

Business Environment

Belize is located in the northeast of Central America, contiguous to Guatemala by west and south, adjacent to Mexico by north and Caribbean Sea by east.
Agriculture and livestock farming are very prosperous in Belize, the major products are orange, sea food, sugar, banana, rice, kidney bean, sweet corn, cucumber, honey, beef and domestic fowls. The output vale of agriculture shares 65% foreign exchange income and the top 4 export items are orange, sugar, banana and fish product. Besides, Belize produces good quality wood, such as redwood, mahogany, cedar, rosewood, etc. In recently years, Belize encouraged tourism industry and developed it to be the first foreign exchange income generator. 

Top 10 import from Belize

Year: 2017
Code USD
(03061112004) Rock lobster and other sea crawfish, not smoked, frozen 1,232,167  
(85234900906) Other recorded optical media 377,189  
(92060000004) Percussion musical instruments (for example, drums, xylophones, cymbals, castanets, maraccas) 100,713  
(84148019006) Other compressors 55,090  
(44071900901) Other coniferous wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6 mm 52,623  
(20083000002) Citrus fruit, otherwise prepared or preserved 45,393  
(09011100007) Coffee, not roasted, not decaffeinated 14,897  
(85442010001) Co-axial cable 10,302  
(84825090001) Other cylindrical roller bearings 10,182  
(34013000003) Organic surface-active products and preparations for washing the skin, in the form of liquid or cream and put up for retail sale, whether or not containing soap 5,268  

Top 10 export to Belize

Year: 2017
Code USD
(85014090001) Other AC motors, single-phase 884,886  
(84149030009) Parts of fans and blowers 674,104  
(84145100002) Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 w 667,995  
(85423100002) Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits 638,842  
(87120090004) Other cycles 452,033  
(39232990907) Sacks and bags (including cones), of other plastics 333,257  
(76101000006) Doors, windows and their frames and thresholds for doors, of aluminium 188,122  
(54075200006) Other dyed woven fabrics, containing 85% or more by weight of textured polyester filaments 130,605  
(21069099903) Other food preparations, n.e.s. 123,242  
(98990000006) MISCELLANEOUS 115,771  


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