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Basic Information

Area 22,923 km2
Capital Belmopan
Official Language English
GDP per capita US $8,200
GDP US$ 3,088 million
Imports US$ 895.5 million
Exports US$ 519.5 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: 2016
Code USD
(3061112004) Rock lobster and other sea crawfish, not smoked, frozen 1,021,103  
(85234900906) Other recorded optical media 543,709  
(39206229003) Other poly(ethylene terephthaylene) film or foil, thickness more than 0.008 mm, no more than 0.25 mm 65,792  
(84869000909) Other parts and accessories of machines of heading No. 84.86 31,380  
(3081910006) Sea cucumbers, frozen, but not smoked 28,860  
(85340000125) Rigid two-layer printed circuits 15,093  
(39159000900) Waste, parings and scrap, of other plastics 10,270  
(64035900902) Other footwear, with outer soles and uppers of leather 8,283  
(33011900009) Other essential oils of citrus fruit 6,095  
(98990000006) MISCELLANEOUS 5,769  

Top 10 export to Belize

Year: 2016
Code USD
(85423100002) Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits 997,347  
(85014090001) Other AC motors, single-phase 511,232  
(84149030009) Parts of fans and blowers 405,127  
(87120090004) Other cycles 397,965  
(39232990907) Sacks and bags (including cones), of other plastics 332,116  
(73269090906) Other articles of iron or steel 326,017  
(84145100002) Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 w 286,705  
(54075200006) Other dyed woven fabrics, containing 85% or more by weight of textured polyester filaments 248,982  
(94054090006) Other electric lamps and lighting fittings 126,791  
(87089990002) Parts and accessories for other motor vehicles 118,096  


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