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Belize’s Top 10 Exports

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Belize flag (courtesy of FlagPictures.org)Belize flag (FlagPictures)

Once called British Honduras, the independent Commonwealth country now named Belize shipped US$242.3 million worth of products around the world in 2025.

That dollar amount results from a -5.9% downturn compared to $257.5 million 5 years earlier during 2021.

From 2024 to 2025, the overall value of Belizean exports fell by -12.6% from $277 million.

The only country in Central America having English as its official language, Belize is located along Central America’s eastern cost and shares its northern land border with Mexico. In the real world, however, English-based Kriol (also called Belizean Creole) is the language most native Belizeans speak from day to day.

Belize’s Top Trading Partners

The latest available country-specific data shows that 88.3% of products exported from Belize was bought by importers in: United Kingdom (26.3% of the Belizean total), United States of America (25.9%), Trinidad/Tobago (6.3%), Ireland (5.6%), Jamaica (5.4%), Honduras (5%), Mexico (4.2%), Guatemala (3.9%), Barbados (1.7%), Taiwan (1.4%), Italy (1.35%) and Guyana (1.27%).

From a continental perspective, 38.2% of Belize’s exports by value was delivered to fellow European countries while 30.3% was sold to importers in North America.

Belize shipped another 28.6% worth of goods to customers in Latin America excluding Mexico but including the Caribbean.

Smaller percentages went to buyers in Asia (2.4%), Oceania’s Australia only (0.5%) then Africa (0.001%).

Given Belize’s population of 412,000 people, its total US$242.3 million in 2025 exports translates to roughly $600 for every resident in the Central American nation. That per-capita amount lags the average $675 for 2024.

The following export product groups represent the highest dollar value in Belizean global shipments during 2025. Also shown is the percentage share each export category represents in terms of overall exports from Belize.

  1. Sugar, sugar confectionery: US$61.8 million (25.5% of total exports)
  2. Fruits, nuts: $46.6 million (19.2%)
  3. Fish: $23.4 million (9.7%)
  4. Mineral fuels including oil: $20 million (8.3%)
  5. Vegetable/fruit/nut preparations: $19.5 million (8.1%)
  6. Tobacco, manufactured substitutes: $12.3 million (5.1%)
  7. Live animals: $8.1 million (3.4%)
  8. Vegetables: $5.8 million (2.4%)
  9. Animal/vegetable fats, oils, waxes: $5.7 million (2.4%)
  10. Food industry waste, animal fodder: $5.1 million (2.1%)

Belize’s top 10 exports accounted for 86% of the overall value of its global shipments.

Vegetables represent the fastest grower among the top 10 export categories, up by 59.4% from 2024 to 2025.

In second place for improving export sales were live animals via a 36.4% advance.

Belize’s shipments of animal or vegetable fats, oils and waxes posted the third-fastest gain in value, up by 32.8%.

The leading decliner among Belize’s top 10 export categories was the sugar grouping, both as materials and including sugar confectionery, thanks to a -39.6% year-over-year drop.

At the more granular four-digit Harmonized Tariff System code level, sugar (23.5% of its global total) is Belize’s most valuable exported product. In second place were bananas and plantains (18.9%) trailed by processed petroleum oils (8.3%), fruit or vegetable juices (8%), crustaceans including lobsters (6.5%), cigarettes, cigars and cigarellos (5.1%), live bovine cattle (3.4%), moluscs (3%), dried shelled vegetables (2.4%), then soya-bean oil (also 2.4%).

Products Generating Greatest Trade Surpluses for Belize

The following types of Belizean product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.

In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.

  1. Sugar, sugar confectionery: US$60.3 million (Down by -40.2% since 2024)
  2. Fruits, nuts: $45.8 million (Up by 6.8%)
  3. Fish: $23.1 million (Up by 23.9%)
  4. Live animals: $6.9 million (Up by 54%)
  5. Vegetable/fruit/nut preparations: $5.4 million (Up by 8.5%)
  6. Vegetables: $3.8 million (Up by 163.6%)

Historically, Belize has highly positive net exports in the international trade particularly for sugar and molasses. In turn, these cashflows indicate Belize’s strong competitive advantages under the sugar and sugar confectionery product category.

Products Causing Biggest Trade Deficits for Belize

Belize incurred an overall -US$1.21 billion product trade deficit for 2025, increasing by 4.3% from the -$1.16 billion in red ink one year earlier in 2024.

Below are exports from Belize that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country Belize’s goods trail Belizean importer spending on foreign products.

  1. Mineral fuels including oil: -US$180.6 million (Down by -4.6% since 2024)
  2. Machinery including computers: -$163.9 million (Up by 2.7%)
  3. Vehicles: -$92.5 million (Up by 6.1%)
  4. Electrical machinery, equipment: -$81.3 million (Down by -19.3%)
  5. Plastics, plastic articles: -$47.5 million (Down by -6.2%)
  6. Tobacco, manufactured substitutes: -$47 million (Up by 15.4%)
  7. Articles of iron or steel: -$44.7 million (Up by 2.5%)
  8. Footwear: -$41.5 million (Up by 31.7%)
  9. Iron, steel: -$38.6 million (Up by 12.8%)
  10. Other chemical goods: -$36 million (Down by -1%)

Belize has highly negative net exports and therefore deep international trade deficits, notably for refined petroleum oils and petroleum gas under the mineral fuels including oil product category.

Belize’s Export Companies

Not one Belizean corporation ranks among Forbes Global 2000.

Wikipedia does list exports-related companies from Belize. Selected examples are shown below.

  • Amandala (tabloid newspaper)
  • Belize Bank (banking)
  • Belize Telemedia Limited (mobile telecommunications)
  • Great Belize Productions (broadcasting production)
  • Love Belize Television (cable television)
  • Maya Island Air (airliner)
  • RSV Media Center (broadcaster including radio)
  • Smartnet IBC Ltd (website communities for artists)
  • Speednet Communications (telecommunications)
  • Tropic Air (airliner)

 
In macroeconomic terms, Belize’s total exported goods represent 3.6% of its overall Gross Domestic Product for 2025 ($6.7 billion valued in Purchasing Power Parity US dollars). That 3.6% for exports to overall GDP in PPP for 2025 compares to 4.4% for 2024. Those percentages suggest a relatively decreasing reliance on products sold on international markets for Belize’s total economic performance, albeit based on a short timeframe.

Another key indicator of a country’s economic performance is its unemployment rate. Belize’s unemployment rate averaged 2.6% in 2025, mirroring the 2.6% one year earlier in 2024 per International Monetary Fund’s statistics.

Belize’s capital city is Belmopan.

See also Costa Rica’s Top 10 Exports, Guatemala’s Top 10 Exports, United States Top 10 Exports and Top Central American Export Countries

Research Sources:
Central Intelligence Agency, The World Factbook Central America: Belize. Accessed on August 30, 2026

Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 30, 2026

International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity)

. Accessed on August 30, 2026

International Trade Centre, Trade Map. Accessed on August 30, 2026

Investopedia, Net Exports Definition. Accessed on August 30, 2026

Wikipedia, Belize. Accessed on August 30, 2026

Wikipedia, Gross domestic product. Accessed on August 30, 2026

Wikipedia, List of Companies of Belize. Accessed on August 30, 2026

Wikipedia, Purchasing power parity. Accessed on August 30, 2026

Wikipedia, Latvia. Accessed on August 30, 2026

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