Belize recorded a trade deficit of 145.40 BZ $ Million in July of 2019. Balance of Trade in Belize averaged -96.20 BZ $ Million from 2005 until 2019, reaching an all time high of -26.27 BZ $ Million in March of 2012 and a record low of -159.67 BZ $ Million in December of 2015.
Balance of Trade in Belize is expected to be -112.00 BZ $ Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Belize to stand at -117.00 in 12 months time. In the long-term, the Belize Balance of Trade is projected to trend around -105.00 BZ $ Million in 2020, according to our econometric models.