China-Belize Bilateral Trade Analysis 2023

Complete trade statistics: $276.30M total volume •China surplus: $276.30M

ChinaBelize

$276.30M

Exports (2023)

BelizeChina

$0

Imports (2023)

Trade Balance

$276.30M

Surplus for China

Total Trade

$276.30M

Combined Volume

Trade Flow Visualization

Direct trade relationship between China and Belize. Green line shows exports from China, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China-Belize commercial relationship and competitive positioning in global markets.

ChinaBelize Exports

$276.30M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
8.6% top product
1Vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods
$23.83M
8.6% of exports
2Cigarettes: containing tobacco
$21.29M
7.7% of exports
3Sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
$14.90M
5.4% of exports
4Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$11.43M
4.1% of exports
5Footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
$9.40M
3.4% of exports

🎯 Strategic Export Focus

China's export portfolio to Belize demonstrates strategic specialization, with vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods representing a key competitive advantage in this bilateral market.

BelizeChina Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Polycarbonates: in primary forms
$1.38M
Infinity% of imports
2Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1
$83,530
Infinity% of imports
3Beer: made from malt
$70,575
Infinity% of imports
4Food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.c. in heading no. 1901
$41,788
Infinity% of imports
5Animal products: coral and similar materials, shells of molluscs, crustaceans, echinoderms, cuttle-bone, unworked or simply prepared but not cut to shape, powder and waste thereof
$30,097
Infinity% of imports

📦 Import Strategy Analysis

China's import pattern from Belize reveals significant dependencyin polycarbonates: in primary forms, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

China demonstrates competitive strength in exportingvessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods to Belize, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $276.30M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: China-Belize Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $276.30 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: China maintains a surplus of $276.30 million
  • Export Focus: China's primary exports include vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, cigarettes: containing tobacco, sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
  • Import Dependencies: Key imports from Belize include polycarbonates: in primary forms, vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, beer: made from malt

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $276.30M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with China leveraging its comparative advantages in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

China's specialization in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goodscomplements Belize's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in polycarbonates: in primary forms.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $276.30M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $276.30M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $276.30 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods and polycarbonates: in primary forms demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

China's trade surplus of $276.30 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in cigarettes: containing tobacco present expansion opportunities.
Market Diversification
Beyond current focus on polycarbonates: in primary forms, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between China and Belize represents a total trade volume of $276.30 million in 2023. This partnership demonstrates a favorable trade balance for China, with exports exceeding importsby $276.30 million.

Export Strengths

China's exports to Belize total $276.30 million, with competitive advantages in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, representing $23.83M or8.6% of bilateral exports.

Import Dependencies

Imports from Belize amount to $0.00, highlighting economic interdependence in polycarbonates: in primary forms, with Polycarbonates: in primary forms comprisingInfinity% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates China's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between China and Belize in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023