Belize Business
Main exports: Sugar, citrus concentrates, bananas, papayas, cultured shrimp and fish.
Main imports: Machinery and transport equipment, manufactured goods, fuels, chemical products, pharmaceuticals, food, beverages and tobacco.
Main trade partners: USA, UK, Central America, EU (Finland, Spain) and Canada.
Economy
The tourism industry, a vital part of the economy has also suffered with a 2.1% decline in overnight tourists and a 19% decline in cruises.
The country is still recovering from severe flooding caused by several tropical storms that affected the western and northern regions. The southern region was severely damaged by Hurricane Arthur. Natural catastrophes caused $66 million worth of structural damages, slowing the economy by 1.5% in 2009 with inflation increasing to 4.3% and unemployment hitting just above 12%.
Business Etiquette
Office hours: Mon-Fri 0800-1200 and 1300-1700. Some businesses are open Saturdays.
Business Contacts
PO Box 291, 63 Regent Street, Belize City, Belize
Tel: 227 3148 or 0668.
Email: bcci@btl.net
Website: www.belize.org
Belize Trade & Investment Development Service (Beltraide)
14 Orchid Garden Street, Belmopan, Belize
Tel: 822 3737.
Website: www.belizeinvest.org.bz
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