US trade with Belize in the 2nd quarter of 2017

Published or Updated: Sep 07, 2017

The report on US foreign trade in goods with Belize in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Belize

In the 2nd quarter of 2017, US trade with Belize totaled $184.6 million, up 138.96% ($107.3 million) from the 2nd quarter of 2016.

US exports to Belize in the 2nd quarter of 2017 totaled $89.8 million, up 52.76% ($31.0 million) from the 2nd quarter of 2016.

US imports from Belize in the 2nd quarter of 2017 totaled $94.8 million, up 413.14% ($76.3 million) from the 2nd quarter of 2016.

US trade balance with Belize went from a surplus of $40.3 million in the 2nd quarter of 2016, to a deficit of $5.0 million in the 2nd quarter of 2017.

Belize was the US 105th largest trading partner in the 2nd quarter of 2017 (up from 124th in the 2nd quarter of 2016), accounting for 0.0187% of US total trade (up from 0.0083% in the 2nd quarter of 2016).

Belize was the US 109th largest export market in the 2nd quarter of 2017 (up from 115th in the 2nd quarter of 2016), accounting for 0.0233% of US total exports (up from 0.0162% in the 2nd quarter of 2016).

Belize was the US 96th largest supplier in the 2nd quarter of 2017 (up from 130th in the 2nd quarter of 2016), accounting for 0.0158% of US total imports (up from 0.0033% in the 2nd quarter of 2016).

US Exports to Belize

The major share of US exports to Belize in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 33.22% of US total exports to Belize (6.52% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 22.37% of US total exports to Belize (32.49% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.34% of US total exports to Belize (22.10% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 9.58% of US total exports to Belize (9.49% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.91% of US total exports to Belize (4.35% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.22% of US total exports to Belize (3.77% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.45% of US total exports to Belize (4.33% in the 2nd quarter of 2016).

The largest gains in US exports to Belize in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $26.1 million;
  • Fertilizers (HS code 31) - an increase of $1.6 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $1.0 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $0.5 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $0.4 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.4 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $0.3 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $0.3 million.

The largest declines in US exports to Belize in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $1.3 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $1.2 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $0.8 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $0.4 million;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $0.4 million.
US exports to Belize in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
01 Live animals 188.6 0.21 135.539.22
02 Meat and edible meat offal 428.7 0.48 582.0-26.33
03 Fish and crustaceans, molluscs and other aquatic invertebrates 36.8 0.04 179.6-79.53
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 739.3 0.82 1,107.3-33.23
05 Products of animal origin, not elsewhere specified or included 36.7 0.04 11.5218.44
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 2.9 0.00 0.0
07 Edible vegetables and certain roots and tubers 271.9 0.30 18.11,402.44
08 Edible fruit and nuts; peel of citrus fruit or melons 19.7 0.02 25.1-21.46
09 Coffee, tea, maté and spices 378.3 0.42 555.1-31.86
10 Cereals 1,401.2 1.56 2,750.6-49.06
11 Products of the milling industry; malt; starches; inulin; wheat gluten 72.6 0.08 12.5479.70
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 32.1 0.04 22.940.06
13 Lac; gums, resins and other vegetable saps and extracts 3.8 0.00 0.0
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 11.2-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,141.3 1.27 860.632.61
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,223.9 1.36 1,038.517.85
17 Sugars and sugar confectionery 348.7 0.39 242.443.84
18 Cocoa and cocoa preparations 131.0 0.15 59.4120.29
19 Preparations of cereals, flour, starch or milk; bakers’ wares 712.0 0.79 459.954.81
20 Preparations of vegetables, fruit, nuts or other parts of plants 998.3 1.11 972.92.61
21 Miscellaneous edible preparations 2,322.4 2.59 2,047.513.42
22 Beverages, spirits and vinegar 1,404.4 1.56 1,151.821.93
23 Residues and waste from the food industries; prepared animal feed 905.5 1.01 659.637.29
24 Tobacco and manufactured tobacco substitutes 68.4 0.08 84.4-18.96
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 55.8 0.06 127.0-56.05
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 29,758.6 33.15 3,702.3703.79
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 297.3 0.33 213.639.19
29 Organic chemicals 191.5 0.21 83.0130.60
30 Pharmaceutical products 537.2 0.60 364.047.60
31 Fertilizers 1,783.5 1.99 214.7730.67
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,014.3 1.13 1,056.5-4.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,054.9 1.18 941.812.01
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 783.2 0.87 670.016.89
35 Albuminoidal substances; modified starches; glues; enzymes 120.4 0.13 67.877.71
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 4.8-100.00
37 Photographic or cinematographic goods 37.7 0.04 11.2236.98
38 Miscellaneous chemical products 518.1 0.58 275.987.80
39 Plastics and articles thereof 1,546.0 1.72 1,351.014.43
40 Rubber and articles thereof 716.5 0.80 320.3123.67
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 182.4 0.20 286.4-36.31
44 Wood and articles of wood; wood charcoal 1,872.7 2.09 2,026.4-7.58
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 23.9 0.03 8.8171.42
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 494.9 0.55 418.818.15
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 224.3 0.25 102.7118.40
55 Man-made staple fibers 21.4 0.02 29.3-27.04
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 53.2-100.00
57 Carpets and other textile floor coverings 113.9 0.13 167.8-32.13
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 6.0 0.01 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 14.5 0.02 65.5-77.88
60 Knitted or crocheted fabrics 0.0 0.00 7.4-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 46.5 0.05 191.8-75.74
62 Articles of apparel and clothing accessories, not knitted or crocheted 47.4 0.05 100.9-53.05
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 812.3 0.91 577.040.79
64 Footwear, gaiters and the like; parts of such articles 158.7 0.18 1,315.3-87.93
65 Headgear and parts thereof 18.1 0.02 0.0
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 3.0 0.00 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 61.8 0.07 39.058.33
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 277.9 0.31 58.9371.62
69 Ceramic products 129.3 0.14 28.4354.39
70 Glass and glassware 93.4 0.10 53.674.45
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 117.3 0.13 69.269.39
72 Iron and steel 132.5 0.15 204.1-35.07
73 Articles of iron or steel 638.5 0.71 872.0-26.78
74 Copper and articles thereof 11.6 0.01 25.2-53.86
76 Aluminum and articles thereof 801.4 0.89 865.6-7.42
79 Zinc and articles thereof 2.6 0.00 17.0-84.73
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 240.1 0.27 159.850.25
83 Miscellaneous articles of base metal 165.8 0.18 71.5131.98
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 6,605.1 7.36 7,040.3-6.18
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 4,397.9 4.90 3,391.329.68
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 59.3 0.07 6.2860.23
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 5,113.9 5.70 5,342.6-4.28
88 Aircraft, spacecraft, and parts thereof 449.5 0.50 506.5-11.26
89 Ships, boats and floating structures 672.2 0.75 243.8175.68
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,782.2 3.10 2,560.88.65
91 Clocks and watches and parts thereof 59.1 0.07 97.7-39.44
92 Musical instruments; parts and accessories of such articles 12.8 0.01 0.0
93 Arms and ammunition; parts and accessories thereof 137.1 0.15 382.7-64.17
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 1,449.1 1.61 2,279.2-36.42
95 Toys, games and sports requisites; parts and accessories thereof 710.6 0.79 167.0325.61
96 Miscellaneous manufactured articles 266.2 0.30 275.8-3.49
97 Works of art, collectors’ pieces and antiques 63.9 0.07 0.0

US Imports from Belize

The major share of US imports from Belize in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 14.19% of US total imports from Belize (75.66% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.16% of US total imports from Belize (3.17% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.13% of US total imports from Belize (1.72% in the 2nd quarter of 2016).

The largest gains in US imports from Belize in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Sugars and sugar confectionery (HS code 17) - an increase of $3.2 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $1.4 million;
  • Organic chemicals (HS code 29) - an increase of $0.9 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.8 million.

The largest declines in US imports from Belize in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $2.4 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $1.0 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $0.7 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.6 million.
US imports from Belize in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,439.5 1.52 2,080.4-30.81
07 Edible vegetables and certain roots and tubers 179.4 0.19 258.6-30.64
08 Edible fruit and nuts; peel of citrus fruit or melons 302.5 0.32 990.1-69.44
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 15.8-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 58.4-100.00
17 Sugars and sugar confectionery 5,369.2 5.66 2,162.8148.25
18 Cocoa and cocoa preparations 128.8 0.14 156.8-17.87
20 Preparations of vegetables, fruit, nuts or other parts of plants 5,248.6 5.54 7,619.1-31.11
21 Miscellaneous edible preparations 275.7 0.29 142.393.78
22 Beverages, spirits and vinegar 3.7 0.00 14.8-74.92
23 Residues and waste from the food industries; prepared animal feed 502.1 0.53 479.04.83
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 778.0 0.82 0.0
29 Organic chemicals 992.1 1.05 71.31,290.94
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,904.2 2.01 490.3288.36
39 Plastics and articles thereof 102.3 0.11 24.1323.48
40 Rubber and articles thereof 0.0 0.00 0.7-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 28.5 0.03 0.0
44 Wood and articles of wood; wood charcoal 50.8 0.05 95.7-46.85
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 12.1 0.01 0.0
69 Ceramic products 0.0 0.00 8.7-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 69.4 0.07 41.766.33
73 Articles of iron or steel 9.7 0.01 33.8-71.33
76 Aluminum and articles thereof 8.9 0.01 15.1-40.77
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 27.9 0.03 288.0-90.31
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 27.0 0.03 27.3-0.96
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 65.3 0.07 3.02,076.37
91 Clocks and watches and parts thereof 120.6 0.13 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 310.1 0.33 56.0453.65
96 Miscellaneous manufactured articles 85.6 0.09 0.0
97 Works of art, collectors’ pieces and antiques 15.4 0.02 1,058.4-98.55
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce