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Basic Information

Area 22,923 km2
Capital Belmopan
Official Language English
GDP per capita US $4,559
GDP US$ 1.220 billion
Imports US$ 787 million
Exports US$ 197 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: 2020
Code USD
(3061112004) Rock lobster and other sea crawfish, not smoked, frozen 272,982  
(90248000007) Other articles of heading no. 90.24 103,016  
(20083000002) Citrus fruit, otherwise prepared or preserved 97,691  
(72042100005) Waste and scrap of stainless steel 36,559  
(23080000005) Vegetable materials and vegetable waste, vegetable residues and by-products, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included 30,296  
(73239900008) Other table, kitchen or other honsehold articles and parts thereof, of iron or steel 30,237  
(68022100003) Marble, travertine and alabaster, simply cut or sawn, with a flat or even surface 68022100003  
(68022300001) Granite, simply cut or sawn, with a flat or even surface 21,239  
(84779000009) Other parts of machinery of heading 84.77 12,809  
(85322520008) Capacitors, dielectric of plastics 10,579  

Top 10 export to Belize

Year: 2020
Code USD
(84145100002) Table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125 w 1,719,364  
(85423100002) Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits 598,293  
(38180010166) Wafer of silicon(square or square with rounded corners), side length of 6 inch or more but less than 8 inch 540,433  
(38180010111) Wafer of silicon, dimension less than 5 inch 507,567  
(85014090001) Other AC motors, single-phase 348,789  
(39232990907) Sacks and bags (including cones), of other plastics 314,995  
(84149030009) Parts of fans and blowers 224,206  
(87120090004) Other cycles 203,623  
(98990000006) MISCELLANEOUS 132,286  
(54075200006) Other dyed woven fabrics, containing 85% or more by weight of textured polyester filaments 121,332  


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