Belize - Foreign trade





Belize's major partners are NAFTA, the UK, CARICOM and the EU. In 1999, the US imported 48% of Belize's total exports, and supplied 53% of all Belizean imports.

The Belize export market depends mostly upon agriculture, in particular on the sugars, and fruit and nut trade (23% and 24%, respectively). There are a few clothing exporters that deal in men's outerwear and undergarments; accounting for 11% of Belize's exports. Other substantial exports include shellfish (18%), wood (1.2%), and vegetables (1.7%).

In 1999 Belize's imports were distributed among the following categories:

Belize

Consumer goods 16.4%
Food 14.2%
Fuels 9.3%
Industrial supplies 29.7%
Machinery 16.3%
Transportation 11.1%
Other 3.0%

Principal trading partners in 1999 (in millions of US dollars) were as follows:

Belize

COUNTRY EXPORTS IMPORTS BALANCE
United States 85 189 -104
United Kingdom 45 15 30
Denmark 12 21 -9
Mexico 7 45 -38
France 6 3 3
Jamaica 5 3 2
Netherlands 4 4 0
Canada 3 5 -2
Trinidad and Tobago 3 4 -1
Guatemala 1 10 -9

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