Key Market Indicators
Belizean transformer exports are forecast to reach $4.8 billion by 2026, down 10.6% from 2021's $9.1 billion. This represents a 4.1% decline since 1997. Belize was ranked 127th in 2021, behind Suriname's $9.1 billion. The United States, Germany and Japan took the second, third and fourth spots, respectively. Belizean transformer imports, meanwhile, are expected to reach $4.4 billion by 2026, growing 1.3% from 2021's $4.1 billion. This represents a 5.1% decrease since 1997. Belize ranked 129th in 2021, behind Barbados' $4.1 billion. China, Germany and Mexico were second, third and fourth in the rankings, respectively.
