Belize
On this page you will find beneficial information regarding foreign direct investment in / trading with Belize. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy and a Commonwealth Realm
Population: 400,031 (2021)
GDP: 2.492 billion USD (2021)
Corporate Tax Rate: 1.75%
Personal Income Tax Rate: 25%
Major Exports: Raw Sugar ($91.9M), Bananas ($47.7M), Fishing Ships ($32M), Crustaceans ($20M), and Beer ($18.9M), exporting mostly to United States ($67.4M), United Kingdom ($66.9M), Oman ($28.7M), Guatemala ($28.3M), and Italy ($25.9M).
Major Imports: Recreational Boats ($210M), Refined Petroleum ($160M), Rolled Tobacco ($65.3M), Passenger and Cargo Ships ($22.9M), and Petroleum Gas ($22M), importing mostly from United States ($403M), China ($198M), Seychelles ($177M), Guatemala ($132M), and Mexico ($128M).
Investment Agency: Belize Trade And Investment Development Service
Website: https://belizeinvest.net/
National Chamber of Commerce: Belize Chamber of Commerce and Industry
Website: https://www.belize.org/
Customs Agency: Belize Customs and Excise Department
Website: https://www.customs.gov.bz/