US trade with Belize in the 4th quarter of 2017

Published or Updated: May 10, 2018

The report on US foreign trade in goods with Belize in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Belize

In the 4th quarter of 2017, US trade with Belize totaled $236.9 million, up 159.09% ($145.5 million) from the 4th quarter of 2016.

US exports to Belize in the 4th quarter of 2017 totaled $86.1 million, up 9.35% ($7.4 million) from the 4th quarter of 2016.

US imports from Belize in the 4th quarter of 2017 totaled $150.8 million, up 1,086.05% ($138.1 million) from the 4th quarter of 2016.

US trade balance with Belize went from a surplus of $66.0 million in the 4th quarter of 2016, to a deficit of $64.8 million in the 4th quarter of 2017.

Belize was the US 99th largest trading partner in the 4th quarter of 2017 (up from 124th in the 4th quarter of 2016), accounting for 0.0227% of US total trade (up from 0.0095% in the 4th quarter of 2016).

Belize was the US 112th largest export market in the 4th quarter of 2017 (down from 109th in the 4th quarter of 2016), accounting for 0.0211% of US total exports (up from 0.0208% in the 4th quarter of 2016).

Belize was the US 86th largest supplier in the 4th quarter of 2017 (up from 137th in the 4th quarter of 2016), accounting for 0.0237% of US total imports (up from 0.0022% in the 4th quarter of 2016).

US Exports to Belize

The major share of US exports to Belize in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 27.93% of US total exports to Belize (43.32% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 22.98% of US total exports to Belize (7.12% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 15.75% of US total exports to Belize (18.21% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 10.70% of US total exports to Belize (9.49% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.19% of US total exports to Belize (2.27% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.01% of US total exports to Belize (3.18% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.89% of US total exports to Belize (3.05% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.62% of US total exports to Belize (1.31% in the 4th quarter of 2016).

The largest gains in US exports to Belize in the 4th quarter of 2017 over the 4th 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 $14.2 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $4.3 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $2.5 million;
  • Pharmaceutical products (HS code 30) - an increase of $1.8 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.7 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.6 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) - an increase of $0.5 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $0.4 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $0.3 million;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $0.3 million;
  • 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 (HS code 34) - an increase of $0.3 million.

The largest declines in US exports to Belize in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $12.1 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) - a decrease of $1.5 million;
  • Fertilizers (HS code 31) - a decrease of $0.9 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.8 million;
  • Cereals (HS code 10) - a decrease of $0.7 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.6 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.4 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.4 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.3 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.3 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $0.3 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.3 million.
US exports to Belize in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 162.6 0.19 100.561.78
02 Meat and edible meat offal 660.1 0.77 1,032.7-36.08
03 Fish and crustaceans, molluscs and other aquatic invertebrates 58.1 0.07 691.0-91.59
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 913.4 1.06 903.61.08
05 Products of animal origin, not elsewhere specified or included 33.5 0.04 6.1451.18
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 6.5 0.01 0.0
07 Edible vegetables and certain roots and tubers 232.9 0.27 180.429.12
08 Edible fruit and nuts; peel of citrus fruit or melons 15.8 0.02 26.7-40.90
09 Coffee, tea, maté and spices 152.9 0.18 384.8-60.27
10 Cereals 1,542.6 1.79 2,231.8-30.88
11 Products of the milling industry; malt; starches; inulin; wheat gluten 184.2 0.21 19.2860.73
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 129.0 0.15 86.748.71
13 Lac; gums, resins and other vegetable saps and extracts 7.1 0.01 0.0
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 8.3 0.01 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 676.8 0.79 844.0-19.81
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 1,114.3 1.29 1,087.72.45
17 Sugars and sugar confectionery 379.3 0.44 291.330.19
18 Cocoa and cocoa preparations 291.3 0.34 161.680.27
19 Preparations of cereals, flour, starch or milk; bakers’ wares 882.9 1.03 584.950.95
20 Preparations of vegetables, fruit, nuts or other parts of plants 840.7 0.98 718.916.94
21 Miscellaneous edible preparations 3,129.2 3.63 2,787.812.25
22 Beverages, spirits and vinegar 1,387.8 1.61 1,311.75.80
23 Residues and waste from the food industries; prepared animal feed 610.8 0.71 720.5-15.23
24 Tobacco and manufactured tobacco substitutes 138.4 0.16 168.0-17.65
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 37.5 0.04 16.6125.66
26 Ores, slag and ash 3.0 0.00 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 19,740.2 22.93 5,587.5253.29
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 325.1 0.38 151.0115.36
29 Organic chemicals 63.3 0.07 98.2-35.58
30 Pharmaceutical products 2,321.9 2.70 566.9309.61
31 Fertilizers 318.7 0.37 1,219.8-73.88
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 1,014.2 1.18 1,161.9-12.72
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,548.6 1.80 811.090.94
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 965.8 1.12 668.444.50
35 Albuminoidal substances; modified starches; glues; enzymes 72.1 0.08 50.742.16
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 24.1-100.00
37 Photographic or cinematographic goods 23.3 0.03 7.1229.44
38 Miscellaneous chemical products 717.8 0.83 612.517.19
39 Plastics and articles thereof 1,595.7 1.85 1,852.2-13.85
40 Rubber and articles thereof 249.4 0.29 245.41.60
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 50.0 0.06 36.337.54
43 Furskins and artificial fur; manufactures thereof 7.0 0.01 11.2-37.65
44 Wood and articles of wood; wood charcoal 1,306.4 1.52 2,112.5-38.16
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 8.6-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 332.2 0.39 329.60.80
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 96.0 0.11 53.678.99
52 Cotton 0.0 0.00 7.5-100.00
54 Man-made filaments 3.8 0.00 0.0
55 Man-made staple fibers 36.1 0.04 56.9-36.51
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 9.7 0.01 28.4-65.74
57 Carpets and other textile floor coverings 28.1 0.03 47.7-41.12
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 3.4-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 9.0 0.01 8.29.72
60 Knitted or crocheted fabrics 0.0 0.00 41.5-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 81.2 0.09 122.0-33.43
62 Articles of apparel and clothing accessories, not knitted or crocheted 62.7 0.07 108.3-42.17
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,431.6 1.66 787.681.78
64 Footwear, gaiters and the like; parts of such articles 157.8 0.18 449.9-64.93
65 Headgear and parts thereof 12.8 0.01 45.5-71.84
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 51.3 0.06 80.0-35.92
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 292.3 0.34 190.553.49
69 Ceramic products 114.9 0.13 77.847.71
70 Glass and glassware 185.6 0.22 33.7450.74
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,393.5 1.62 1,030.535.22
72 Iron and steel 112.5 0.13 123.4-8.80
73 Articles of iron or steel 409.3 0.48 734.8-44.29
74 Copper and articles thereof 70.2 0.08 137.6-48.99
76 Aluminum and articles thereof 662.6 0.77 968.5-31.59
79 Zinc and articles thereof 4.2 0.00 0.0
80 Tin and articles thereof 2.6 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 165.4 0.19 252.5-34.49
83 Miscellaneous articles of base metal 196.4 0.23 181.68.19
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7,580.4 8.81 19,652.0-61.43
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 3,537.9 4.11 5,037.2-29.76
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 5.0 0.01 4.84.06
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 5,324.0 6.18 5,607.1-5.05
88 Aircraft, spacecraft, and parts thereof 5,039.1 5.85 725.9594.23
89 Ships, boats and floating structures 739.9 0.86 857.8-13.74
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,815.3 2.11 2,220.0-18.23
91 Clocks and watches and parts thereof 198.0 0.23 285.3-30.60
92 Musical instruments; parts and accessories of such articles 69.7 0.08 8.9684.64
93 Arms and ammunition; parts and accessories thereof 135.5 0.16 14.2852.76
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 1,138.5 1.32 635.879.06
95 Toys, games and sports requisites; parts and accessories thereof 252.4 0.29 242.54.07
96 Miscellaneous manufactured articles 207.1 0.24 252.4-17.95
97 Works of art, collectors’ pieces and antiques 9.5 0.01 0.0
99 Commodities not specified according to kind 10,198.1 11.85 7,704.432.37

US Imports from Belize

The major share of US imports from Belize in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 5.78% of US total imports from Belize (45.10% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.71% of US total imports from Belize (14.19% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 0.04% of US total imports from Belize (17.26% in the 4th quarter of 2016).

The largest gains in US imports from Belize in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $137.6 million;
  • Sugars and sugar confectionery (HS code 17) - an increase of $3.0 million.

The largest declines in US imports from Belize in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2.1 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.7 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.5 million.
US imports from Belize in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 4,751.7 3.15 5,220.3-8.98
07 Edible vegetables and certain roots and tubers 315.9 0.21 165.491.02
08 Edible fruit and nuts; peel of citrus fruit or melons 124.7 0.08 100.624.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 34.6-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 25.2 0.02 0.0
17 Sugars and sugar confectionery 2,967.9 1.97 0.0
18 Cocoa and cocoa preparations 119.0 0.08 0.0
21 Miscellaneous edible preparations 247.8 0.16 211.417.20
22 Beverages, spirits and vinegar 4.2 0.00 3.232.38
23 Residues and waste from the food industries; prepared animal feed 160.9 0.11 0.0
29 Organic chemicals 127.9 0.08 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 6.9 0.00 21.0-67.41
39 Plastics and articles thereof 8.4 0.01 53.3-84.30
40 Rubber and articles thereof 0.0 0.00 0.8-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 111.5 0.07 10.9926.49
44 Wood and articles of wood; wood charcoal 1,072.9 0.71 1,789.6-40.05
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 13.0-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 2.3-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 17.0-100.00
64 Footwear, gaiters and the like; parts of such articles 36.8 0.02 0.94,189.76
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3.9 0.00 9.7-59.66
73 Articles of iron or steel 0.0 0.00 15.1-100.00
76 Aluminum and articles thereof 12.7 0.01 73.1-82.69
83 Miscellaneous articles of base metal 0.0 0.00 14.3-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 28.8 0.02 2,135.6-98.65
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 24.4 0.02 42.2-42.19
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 3.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 11.4 0.01 14.3-20.03
93 Arms and ammunition; parts and accessories thereof 4.7 0.00 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 410.0 0.27 128.4219.25
96 Miscellaneous manufactured articles 0.0 0.00 13.5-100.00
99 Commodities not specified according to kind 140,269.3 92.99 2,625.15,243.44
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce