Belize vs Venezuela: Merchandise exports to low- and middle-income economies in Latin

Belize
24.5%
in 2023
Venezuela
22.8%
in 2023
Belize rank
14th
Venezuela rank
16th

Merchandise exports to low- and middle-income economies in Latin over time

  • Belize
  • Venezuela
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How they compare

Belize currently reports 24.5% against 22.8% in Venezuela, a difference of 1.7%.

That makes Belize's figure about 1.1 times Venezuela's.

The two have swapped places 10 times across 59 shared years of data; in 1963 it was Belize ahead.

Belize ranks 14th and Venezuela ranks 16th of 203 countries.

Across the 7 decades both report, Belize averaged higher in 5 and Venezuela in 2.

Head to head by decade

Decade Belize Venezuela Difference Ahead
1960s 17.8% 7.6% 10.2% Belize
1970s 19.2% 11.2% 8.0% Belize
1980s 18.3% 13.7% 4.6% Belize
1990s 7.8% 20.8% 13.0% Venezuela
2000s 11.0% 16.2% 5.2% Venezuela
2010s 13.6% 9.4% 4.2% Belize
2020s 24.7% 17.8% 6.9% Belize

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies in latin, Belize or Venezuela?
Belize, at 24.5% against 22.8% in Venezuela as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between Belize and Venezuela?
1.7%, with Belize ahead.
How many years of comparable data are there for Belize and Venezuela?
59 years are reported by both, from 1963 to 2023.
How do Belize and Venezuela rank globally for merchandise exports to low- and middle-income economies in latin?
Belize ranks 14th and Venezuela ranks 16th of 203 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Venezuela: Merchandise exports to low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/belize/venezuela-rb/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
250 places, 11,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.