Belize

Belize ranked No. 126 in total trade value through April with a total of $133.18 million. Exports totaled $116.46 million and Imports totaled $16.72 million, a surplus of $99.74 million.

January – April 2019

Top Trading Ports

Total Trade: $133.18 million

RankPortTotal YTD
1Port Everglades, Fla. $50,518,655
2Port of Corpus Christi, Texas $30,729,906
3Low-Valued Imports and Exports $9,476,838
4Miami International Airport $8,457,527
5Brownsville International Bridges $5,260,268
6Port Miami $5,024,486
7Port of Houston $4,432,497
8Port of Southern Louisiana, Gramercy, St. James Parish $2,981,456
9Port of New York $2,915,358
10Port of New Orleans $2,265,902

U.S. trade with Belize rose to $133.18 million through April

Belize’s trade with the United States rose to $133.18 million through the first four months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.44 percent below its total trade during the same time period last year. U.S. exports to Belize increased 2.98 percent while U.S. imports from Belize fell 36.38 percent. The U.S. surplus with Belize was $99.74 million.

Through April, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Port of Corpus Christi, Texas; No. 3 Low-Valued Imports and Exports; No. 4 Miami International Airport; and No. 5 Brownsville International Bridges. During the same period the previous year, the top five were No. 1 Port Everglades, Fla. No. 2 Port of Houston No. 3 Port of Corpus Christi, Texas No. 4 Low-Valued Imports and Exports and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 78.42 percent of Belize’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. rose 11.83 percent to $50.52 million.
    Exports rose 17.3 percent to $42.99 million. Imports fell 11.69 percent to $7.53 million.
  • Trade with No. 2 Port of Corpus Christi, Texas rose 126.57 percent to $30.73 million.
    Exports rose 126.57 percent to $30.73 million. There were no imports.
  • Trade with No. 3 Low-Valued Imports and Exports fell 8.42 percent to $9.48 million.
    Exports fell 8.42 percent to $9.48 million. There were no imports.
  • Trade with No. 4 Miami International Airport rose 14.12 percent to $8.46 million.
    Exports rose 8.53 percent to $7.71 million. Imports rose 145.2 percent to $742,795.
  • Trade with No. 5 Brownsville International Bridges rose 11.68 percent to $5.26 million.
    Exports rose 11.68 percent to $5.26 million. There were no imports.

Belize ranked No. 126 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 126.

Meanwhile, total U.S. trade with the world increased to $1.35 trillion, up 0.57 percent compared to the same period last year. The nation’s exports climbed 0.58 percent to $543.34 billion; imports climbed 0.56 percent to $807.48 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $264.14 billion, up compared to the same period of last year when the deficit was $262.72 billion.

The top five U.S. exports to Belize by value through April were the categories of Gasoline, other fuels; Low value shipments; Motor vehicles for transporting people; Civilian aircraft, parts; and Sauces and preparations; mixed condiments, respectively. They accounted for 44.93 percent of total exports to Belize.

The value of the top five categories of U.S. imports from Belize –– Oil; Mussels, scallops, other mollusks; Value added to a returned import; Fruit and vegetable juices, not fortified; and Shrimp, other crustaceans –– accounted for 73.52 percent of all inbound shipments.

Looking more closely at U.S. exports to Belize:

  • Gasoline, other fuels fell 10.5 percent compared to last year to $32.21 million.
  • Low value shipments fell 8.42 percent compared to last year to $9.48 million.
  • Motor vehicles for transporting people fell 0.98 percent compared to last year to $4.72 million.
  • Civilian aircraft, parts rose 620.43 percent compared to last year to $3.43 million.
  • Sauces and preparations; mixed condiments rose 102.19 percent compared to last year to $2.49 million.

Looking more closely at U.S. imports from Belize:

  • Oil fell 29.15 percent compared to last year to $2.98 million.
  • Mussels, scallops, other mollusks rose 163.55 percent compared to last year to $2.74 million.
  • Value added to a returned import fell 78.63 percent compared to last year to $2.57 million.
  • Fruit and vegetable juices, not fortified fell 41.62 percent compared to last year to $2.18 million.
  • Shrimp, other crustaceans rose 38.35 percent compared to last year to $1.83 million.

In the latest annual figures available, Belize recorded $571.72 million in trade with the United States. At year’s end, its were New York City; Miami; Houston; Low Value Shipments; and Laredo. Total U.S. exports to Belize were $ 294.89 million and imports from Belize were $276.83 million. The U.S. surplus with Belize was $18.06 million.