Up until the mid 20th century, the
main export of Belize was a dye extracted from logwood. As dies became more man made, the main
export shifted to mahogany; a type of wood that dominates the market in top end
cabinetry and furniture. Although
mahogany is still an export today, its importance has decreased dramatically
due to the fact it is a very slow growing wood. Today, the main exports of Belize, similar to many Central
American countries, are sugar cane and fruits. A majority of Belize is uninhabited by humans, so these
exports primarily help the rural living individuals. For those who don’t work on a fruit or sugar cane farm,
tourism plays a large role in the overall income of the citizens. In the year 2000, it was estimated that
$133.3 million dollars were counted as total income from the tourism
contributions. The main reason
Belize is an amazing tourist attraction deals with the Belize Barrier
Reef. This reef allows for the
development of beautiful aquatic nature in crystal clear water. I’ve been lucky enough to snorkel in
this region, and it has by far had some of the most beautiful reefs I have ever
seen. Along with the beautiful
snorkeling, there are also beautiful Maya ruins to visit as well as deep sea
fishing and boating in general. Most
of the people that live in Belizean coastal cities are dependent on the tourism
trade. Above is a figure that represents Belize's dependance on foreign investments. This trade is by far the
most important economic relationship between Belize and other nations. Below is a picture of the Belizean
reef, the longest in the western hemisphere.
sepmstrata.org |
Sources.
http://www.economywatch.com/world_economy/belize/
http://www.heritage.org/index/country/belize
http://www.nationsencyclopedia.com/Americas/Belize-ECONOMY.html#b
http://www.eclacpos.org/profile/profileByCountry.asp?country_id=6&country_name=BELIZE
http://www.eclacpos.org/profile/profileByCountry.asp?country_id=6&country_name=BELIZE