2023
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$212BCURRENT US$
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56.5%CURRENT US$
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$22,142CURRENT US$
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About

Hungary-British Virgin Islands Trade: In 2023, Hungary exported $181k to British Virgin Islands. The main products that Hungary exported to British Virgin Islands were Cars ($162k), Motor vehicles; parts and accessories (8701 to 8705) ($8.54k), and Beauty Products ($1.75k). Over the past 5 years the exports of Hungary to British Virgin Islands have decreased at an annualized rate of 26.6%, from $852k in 2018 to $181k in 2023.

In 2023, Hungary did not export any services to British Virgin Islands.

British Virgin Islands-Hungary In N/A, British Virgin Islands did not export any products to Hungary.

In 2023, British Virgin Islands did not export any services to Hungary.

Comparison In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41),  and 35 in total exports ($150B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $181k to British Virgin Islands. The main products exported from Hungary to British Virgin Islands were Cars ($162k), Motor vehicles; parts and accessories (8701 to 8705) ($8.54k), and Beauty Products ($1.75k). During the last 5 years the exports of Hungary to British Virgin Islands have decreased at an annualized rate of 26.6%, from $852k in 2018 to $181k in 2023.

British Virgin Islands does not register exports to Hungary. The main products exported from British Virgin Islands to Hungary were Printed Circuit Boards ($914k), Railway Cargo Containers ($29.6k), and Jewellery ($416).

Exports from Hungary (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Hungary (Flag) (2023)

Latest Data

Trade between Hungary (Flag) and British Virgin Islands (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$37.4B
British Virgin Islands
Top Destination
Malta$93.7M

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

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

In 2023, countries that imported more from British Virgin Islands than Hungary included Malta ($93.7M), Guyana ($61.6M), and Barbados ($4.1M).

Difference in imports from British Virgin Islands (Flag) and Hungary (Flag) (2023)

Comparative Advantage Hungary - British Virgin Islands

Flow
Scale

This chart compares trade between Hungary and British Virgin Islands by product, considering products traded by both, Hungary and British Virgin Islands.

During 2023, Hungary had a large net trade with British Virgin Islands in the exports of Transportation ($170k), Machines ($4.85k), and Chemical Products ($1.75k).

Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and British Virgin Islands (Flag) (2023)

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