Description: Composition of goods exported (BZE $)
Sub description20092010201120122013201420152016201720182019
Marine Products51526345.252738891.250215704.757452415.3112343827.9113259233.788125538.241311843.540122264.542389705.648874187.3
Sugar89062342.458721033.982742763107593657107355283.2110189902.6134457723.1103076830.3148037717.9112766766.9136363671.9
Molasses3326642.66196576.83157804.43939890.478137365856266.16456846.87072549.49780729.9628198910079522.9
Orange Concentrate73514461.763698635.592491191.1129935205.995139095.782579665.381867186.178499022.560479655.357984492.642114303.8
Grapefruit Concentrate10017886.315002501.910571689.713090765.311500124.77865811.77433193.19452117.64227018.64133371.15382438
Banana57503086.571344091.967805787.692603314.897005193.6100386192.297791169.269910816.381765090.879051519.879523217.1
Sawn Wood1799612.96852067.87769539.49826862.45653392.65714002.47406963.16683232.56471747.64332155.53745798.1
Papayas20339304.525274381.926227682.715507750.920669886.713262167.713037456.93922363.414526001024526.9315629.8
Crude Petroleum119175900.6200844126.2200844126.2186300969.3140192842.9102258636.936381767.122483068.222746130.324648555.420325097.8
Other Exports35031350.339133491.247764651.661993116.870363313.172953896.963476623.159155534.270502480.866080423.667243541.3
TOTAL VALUE EXPORTS461768677.2539983601.1680900944.1678608006668632933.6614419067.1536587076.9401925458.9445585435.6398693506.3413967408
Description: Growth in goods exported (%)
Sub description20092010201120122013201420152016201720182019
--20.5216.9426.1-.34-1.47-8.11-12.67-25.110.86-10.52-
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DATA IDENTIFICATION


Name
Composition and growth in goods exported
Indicator purpose

comprises of domestic goods leaving the statistical/economic territory of a country applying the general trade system

Abstract

This trade indicator measures economic development and contributes to the economic growth of a country. It measures the value of the goods exported and identifies the major exports that contribute to the total value of the goods exported. For a good to be considered an export, it needs to be produced or substantially transformed within that specific country/economic territory.

Data source

SIB

MOA

IMTS

DATA CHARACTERISTICS



Contact organization person

Statistical Institute of Belize

Date last updated
29-OCT-2019
Periodicity

Annual

Unit of measure
  1. Value of exports of goods is measured in millions ($);
  2.  Percentage (the growth is based on the dollar value of goods exported
Other characteristics

The composition and growth in goods exported measures the increase or decrease in the value of the goods leaving the country. It also highlights the main goods that contributed to the total value of exports. A positive percentage change in the value of goods exported means that there was an increase in the value of exports over the previous period while a negative percentage change signifies that the exports value decreased. Increased exports contribute to employment, increased standard of living and increased foreign exchange.

DATA CONCEPTS and CLASSIFICATIONS



Classification used

Composition and growth in goods exported is an economic indicator.

Disaggregation

Quarterly Annual Export breakdown

Key statistical concepts
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Formula
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OTHER ASPECTS



Recommended uses

It can be used by governments and policy makers to determine where investments are effective and which industries need funding.

Limitations

The value of exported goods is only a good estimate of the actual value. The reason being that there is a good portion for undeclared earnings.

Other comments
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