Tariff rate, most favored nation, weighted mean, manufactured products in Belize
Belize: Tariff rate, most favored nation, weighted mean, manufactured products was 11.4% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Belize, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Belize recorded 11.4% for tariff rate, most favored nation, weighted mean, manufactured products in 2022.
The figure is up 4.8% on the previous year and up 12.3% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Belize peaked at 18.8% in 1996 and was at its lowest, 10.1%, in 2012.
Belize ranks 38th of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 18.8% | — |
| 1999 | 16.6% | -12.0% |
| 2001 | 11.2% | -32.5% |
| 2002 | 10.9% | -2.1% |
| 2003 | 10.8% | -1.5% |
| 2006 | 12.0% | +11.5% |
| 2007 | 11.5% | -4.6% |
| 2008 | 10.9% | -5.2% |
| 2009 | 13.4% | +23.2% |
| 2010 | 13.4% | +0.0% |
| 2011 | 10.6% | -20.8% |
| 2012 | 10.1% | -4.5% |
| 2013 | 12.0% | +18.4% |
| 2014 | 12.0% | +0.0% |
| 2015 | 12.0% | +0.4% |
| 2016 | 11.9% | -1.3% |
| 2017 | 12.0% | +0.7% |
| 2018 | 11.9% | -0.3% |
| 2019 | 11.9% | +0.2% |
| 2020 | 10.9% | -8.8% |
| 2021 | 10.9% | -0.4% |
| 2022 | 11.4% | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.7% | 16.6% | 18.8% | 2 |
| 2000s | 11.5% | 10.8% | 13.4% | 7 |
| 2010s | 11.8% | 10.1% | 13.4% | 10 |
| 2020s | 11.0% | 10.9% | 11.4% | 3 |
Countries ranked near Belize
More private sector data for Belize
- Merchandise trade 56.4% (2025)
- Food imports 19.3% (2025)
- Manufactures imports 64.2% (2025)
- Merchandise imports 1.43 billion current US$ (2025)
- Food exports 95.3% (2025)
- Manufactures exports 3.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,050 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1335 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -7.88 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Belize?
- Tariff rate, most favored nation, weighted mean, manufactured products in Belize was 11.4% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Belize?
- The highest recorded value was 18.8% in 1996.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Belize?
- The lowest recorded value was 10.1% in 2012.
- How does Belize rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Belize ranks 38th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Belize?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is falling.
- Where does this Belize data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.