Belize Exports Surge in May 2025

Belize’s total domestic exports rose by 11.1% in May 2025, reaching $45.7 million, according to the Statistical Institute of Belize. The increase was driven by strong performances in molasses, bananas, citrus, and sugar.

Molasses exports surged from just $0.01 million to $3 million. Banana exports climbed by $1.8 million to $9.4 million, while citrus products, including orange concentrate and orange oil, rose by the same amount to $5.2 million. Sugar earnings edged up from $18.1 million to $19.3 million, despite lower world prices. Exports of red kidney beans brought in $1.1 million after no shipments were recorded in May 2024.

However, export earnings were dampened by the absence of cattle exports, which brought in $1.3 million last May, and a $0.7 million decline in marine products.

Meanwhile, total imports fell by 2.7% to $244.5 million. The decline was led by a $13.6 million drop in ‘Mineral Fuels and Lubricants’ due to reduced diesel imports.

For the year so far, exports totalled $161.7 million, down 2.4% compared to the same period in 2024, while imports stood at $1.159 billion, a 6.2% decrease.