Government moves to regularize medical waste storage, transportation, and disposal
January 26, 2022
Defensive driving training course aimed at reducing road traffic accidents completed
January 26, 2022

Exports see 19 percent increase over 2020; imports over $2 billion

Posted: Wednesday, January 26, 2022. 5:53 pm CST.

By Aaron Humes: Belize’s exports saw a rebound in 2021, selling some $438 million in goods for a rise of nearly $71 million or 19.2 percent according to the Statistical Institute of Belize (SIB).

Inversely, Belize imported $2.1 billion in goods, recovering by nearly 35 percent from the pandemic-induced low of $1.6 billion in 2020.

Leading the way in exports was sugar, rising 24 percent to $138.1 million; animal feed doubling to $31 million due to improved prices and greater demand; marine products to $53 million boosted by better prices for lobster and conch, and more modest increases for molasses and bananas. Even crude petroleum saw a bit of a comeback with more than $8.5 million in revenue collected.

Citrus, the third of Belize’s big three major industries, was the only one to see a decline, falling by $12.7 million in revenue to $37 million, affected by smaller quantities of orange concentrate being exported.

Belize imported $117 million more manufactured goods such as steel corrugated rods, galvalume steel coils and metal pipes; nearly $108 million more in fuels and lubricants such as propane and kerosene; $94 million in machinery and transport equipment and a rebounding Commercial Free Zone in Corozal which imported $84 million more in goods for resale.

For December Belize imported $229 million in goods, nearly $84 million more than 2020, while exporting $37.1 million more than in December 2020.


Аdvеrtіѕе wіth thе most visited news site in Веlіzе ~ Wе оffеr fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Веlіzе аnd аbrоаd! Соntасt uѕ аt [email protected] оr саll uѕ аt 501-601-0315.


© 2022, BreakingBelizeNews.com. This article is the copyrighted property of Breaking Belize News. Written permission must be obtained before reprint in online or print media. REPRINTING CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.

  • Galen University
  • larry waight
  • Galen University

Leave a Reply

Your email address will not be published. Required fields are marked *