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2022
Flag → Flag
Exports $2.31kRnk 61 / 0
2022
Flag → Flag
Exports $683kRnk 164 / 201
2022
Flag → Flag
Top Product $151kLow-voltage Protection Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag  
GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC $35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Bahamas-Hungary Trade: In 2022, Bahamas exported $2.31k to Hungary. The main products that Bahamas exported to Hungary were N/A. Over the past 5 years the exports of Bahamas to Hungary have decreased at an annualized rate of 71%, from $1.12M in 2017 to $2.31k in 2022.

In 2022, Bahamas did not export any services to Hungary.

Hungary-Bahamas Trade: In 2022, Hungary exported $683k to Bahamas. The main products that Hungary exported to Bahamas were Low-voltage Protection Equipment ($151k), Other Furniture ($114k), and Aluminium Structures ($93.3k). Over the past 5 years the exports of Hungary to Bahamas have decreased at an annualized rate of 5.01%,  from $883k in 2017 to $683k in 2022.

In 2022, Hungary did not export any services to Bahamas.

Comparison In 2023,  Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahamas exported $2.31k to Hungary. There were not main exports from Bahamas to Hungary in 2022. During the last 5 years the exports of Bahamas to Hungary have decreased at an annualized rate of 71%, from $1.12M in 2017 to $2.31k in 2022.

In 2018, Hungary exported $683k to Bahamas. The main products exported from Hungary to Bahamas were Low-voltage Protection Equipment ($151k), Other Furniture ($114k), and Aluminium Structures ($93.3k). During the last 5 years the exports of Hungary to Bahamas have decreased at an annualized rate of 5.01%, from $883k in 2023 to $683k in 2018.

Exports from Bahamas (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Bahamas (Flag) (2023)

Latest Data

Trade between Bahamas (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.07B
Hungary
Top DestinationGermany$37.4B

This map shows whether countries import more from Bahamas or Hungary. Each country is colored based on the difference in imports they receive from Bahamas and Hungary or the difference in the growth in imports.

In 2023, countries that imported more from Bahamas than Hungary included Zimbabwe ($469M), Cote d'Ivoire ($418M), and Guyana ($236M).

In 2023, countries that imported more from Hungary than Bahamas included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

Difference in imports from Hungary (Flag) and Bahamas (Flag) (2023)

Comparative Advantage Bahamas - Hungary

Flow
Scale

This chart compares trade between Bahamas and Hungary by product, considering products traded by both, Bahamas and Hungary.

During 2022, Bahamas had a large net trade with Hungary in the exports of .

During 2018, Hungary had a large net trade with Bahamas in the exports of Machines ($279k), Metals ($195k), and Miscellaneous ($120k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bahamas and Hungary. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Hungary. Similarly, a dot/product with the flag of Hungary indicates it has a comparative advantage over Bahamas.

Product Space of Bahamas (Flag) and Hungary (Flag) (2023)

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