eCommerce market in Belize
Belize is one of the smaller markets for eCommerce with a predicted revenue of US$34.7 million by 2025. Revenue is expected to show a compound annual growth rate (CAGR 2025-2029) of 6.7%, resulting in a projected market volume of US$45.0 million by 2029. With an expected increase of 8.2% in 2025, the Belizean eCommerce market contributed to the worldwide growth rate of 9.8% in 2025. Like in Belize, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Belizean eCommerce market. Electronics is the largest market and accounts for 22.8% of the Belizean eCommerce revenue. It is followed by Hobby & Leisure with 21.7%, Fashion with 20.7%, Furniture & Homeware with 11.3%, Care Products with 8.6%, DIY with 8.6%, and Grocery with the remaining 6.3%.
Market development
eCommerce revenue development in Belize
Belize is one of the smaller markets for eCommerce with a predicted revenue of US$34.7 million by 2025. Revenue is expected to show a compound annual growth rate (CAGR 2025-2029) of 6.7%, resulting in a projected market volume of US$45.0 million by 2029. With an expected increase of 8.2% in 2025, the Belizean eCommerce market contributed to the worldwide growth rate of 9.8% in 2025. Like in Belize, global eCommerce sales are expected to increase over the next years. Seven markets are considered by ECDB within the Belizean eCommerce market. Electronics is the largest market and accounts for 22.8% of the Belizean eCommerce revenue. It is followed by Hobby & Leisure with 21.7%, Fashion with 20.7%, Furniture & Homeware with 11.3%, Care Products with 8.6%, DIY with 8.6%, and Grocery with the remaining 6.3%.
eCommerce revenue development in Belize
eCommerce revenue growth in Belize
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 40.1 | 63.0 | 29.7 | 73.5 | 85.5 | 28.5 | 25.9 | 75.3 |
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