Agro-Industry
Agro-industry is a very important sector, because Belize owns great quantities of natural products, enabling the Country to have the industry. By the loss of preferential access to the United Kingdom, Belize was forced to take suitable measures to protect its agricultural industry.
There was a propensity toward traditional products which confer added value to the economy, as well as toward non traditional products, as papaya, red peppers, soya seeds, and natural vegetables.
The promotional changes to agricultural traditional and non-traditional products has brought to an increase of the transformation’s industry as well as of the agro-industry.
Sugar, citrus, bananas and all the items made out of rice are considered as products to export and additional investments. Also banana flour, banana chips, dry bananas, citrus juices, oranges, grapefruits, dry fruit and peppers are considered products for exportation and additional investments.
In the agro-industry, the products diversification is a possible strategy which could render the agricultural industry of Belize more sustainable, in view of elimination of preferential entry to the markets.
Moreover, traditional products which give added value to the economy, involve higher prices, giving the possibility to impose a trade mark to the Country products, and gaining in this way a strip of the market.
In this manner, some disadvantages could be eliminated due to the costs which Belize is going to face when it is competing with Countries that have a large scale production and a lower cost of labour.
Moreover, Belize started to develop its potentiality in the water cultivation; in fact they had an increase in the demand of investments for exports.
Export of fishing products ( natural lobsters, crawfishes, tilapia, conch, bay snookers and sea fishes) is representing the second item of the Country’s exportation; between 1990 and 2002, exports increased on an average of 13%.

