CARIFORUM-UK economic partnership agreement
The UK has signed an economic partnership agreement (EPA) with the CARIFORUM trade bloc which includes Belize. Read our latest updates for more information on the status of this agreement and how it may benefit your business.
Top five UK goods exported to Belize , in the four quarters to the end of Q3 2023
| Goods | Value (£ million ) |
|---|---|
| Specialised machinery (capital) | |
| General industrial machinery (capital) | |
| Other manufactures (intermediate) | |
| Other miscellaneous manufactures (intermediate) | |
| Medicinal & pharmaceutical products |
Source:
ONS Trade in goods: country-by-commodity exports
Last updated: November 2023
Download the latest trade and investment factsheet for Belize.
Total import value (into the UK from Belize) and export value (from the UK into Belize) over time
| Year | Imports (£ million ) | Exports (£ million ) | Total trade (£ million ) |
|---|---|---|---|
| 2016 | 66.0 | 75.0 | 141.0 |
| 2017 | 60.0 | 47.0 | 107.0 |
| 2018 | 77.0 | 24.0 | 101.0 |
| 2019 | 82.0 | 22.0 | 104.0 |
| 2020 | 59.0 | 16.0 | 75.0 |
| 2021 | 52.0 | 16.0 | 68.0 |
| 2022 | 50.0 | 15.0 | 65.0 |
Source:
ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2023
Total trade is the sum of all exports and imports over the same time period.
Download the latest trade and investment factsheet for Belize.
Belize: at a glance
Economic growth
15.2%
Actual figure (IMF, 2021)
The UK is 7.6% (IMF, 2021, actual figure)
GDP per capita
$5,792
Actual figure (IMF, 2021)
The UK is $46,422 (IMF, 2021, projected figure)
Currency
Belize dollar
Business language
English, Spanish, Belize Creole
You may need a translator
Time zone
GMT -6
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