NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $10.4MRnk 12 / 127
2023
Flag → Flag
Top Product $5.38MNitrogen Heterocyclic Compounds
2023
Flag → Flag
Exports $154kRnk 184 / 201
2023
Flag → Flag
Top Product $86.2kPesticides
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag  
GDP$3.07BCURRENT US$
Rnk 168 / 195
2013-2023
Flag
GDP GROWTH50.9%CURRENT US$
Rnk 74 / 195
2023
Flag
 GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC $7,460CURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP PC GROWTH25.4%CURRENT US$
Rnk 86 / 195
2023
Flag
GDP PC$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Belize-Hungary Trade: In 2023, Belize exported $10.4M to Hungary. The main products that Belize exported to Hungary were Nitrogen Heterocyclic Compounds ($5.38M), Nucleic Acids ($1.85M), and Pesticides ($871k). Over the past 5 years the exports of Belize to Hungary have increased at an annualized rate of 144%, from $119k in 2018 to $10.4M in 2023.

In 2023, Belize did not export any services to Hungary.

Hungary-Belize Trade: In 2023, Hungary exported $154k to Belize. The main products that Hungary exported to Belize were Pesticides ($86.2k), Cars ($27.6k), and Computers ($20.4k). Over the past 5 years the exports of Hungary to Belize have decreased at an annualized rate of 25.7%,  from $679k in 2018 to $154k in 2023.

In 2023, Hungary did not export any services to Belize.

Comparison In 2023,  Belize ranked 173 in total exports ($386M), 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 2023, Belize exported $10.4M to Hungary. The main products exported from Belize to Hungary were Nitrogen Heterocyclic Compounds ($5.38M), Nucleic Acids ($1.85M), and Pesticides ($871k). During the last 5 years the exports of Belize to Hungary have increased at an annualized rate of 144%, from $119k in 2018 to $10.4M in 2023.

In 2018, Hungary exported $154k to Belize. The main products exported from Hungary to Belize were Pesticides ($86.2k), Cars ($27.6k), and Computers ($20.4k). During the last 5 years the exports of Hungary to Belize have decreased at an annualized rate of 25.7%, from $679k in 2023 to $154k in 2018.

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

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

Latest Data

Trade between Belize (Flag) and Hungary (Flag)

Belize Exports

Hungary Exports

Market Competitiveness

Color
Belize
Top DestinationUnited States$86.2M
Hungary
Top DestinationGermany$37.4B

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

In 2023, countries that imported more from Belize than Hungary included Guatemala ($27.6M), Trinidad and Tobago ($15.5M), and Honduras ($14.3M).

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

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

Comparative Advantage Belize - Hungary

Flow
Scale

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

During 2023, Belize had a large net trade with Hungary in the exports of Chemical Products ($10.3M), Plastics and Rubbers ($89.3k), and Textiles ($1).

During 2018, Hungary had a large net trade with Belize in the exports of Chemical Products ($86.2k), Machines ($30.2k), and Transportation ($27.6k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms