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2022
Flag → Flag
Exports $229kRnk 33 / 90
2022
Flag → Flag
Top Product $215kPrinted Circuit Boards
2022
Flag → Flag
Exports $416kRnk 175 / 205
2022
Flag → Flag
Top Product $351kCars
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

British Virgin Islands-Hungary Trade: In 2022, British Virgin Islands exported $229k to Hungary. The main products that British Virgin Islands exported to Hungary were Printed Circuit Boards ($215k) and Office Machine Parts ($13.9k). Over the past 13 years the exports of British Virgin Islands to Hungary have decreased at an annualized rate of 25.9%, from $11.4M in 2009 to $229k in 2022.

In 2022, British Virgin Islands did not export any services to Hungary.

Hungary-British Virgin Islands Trade: In 2022, Hungary exported $416k to British Virgin Islands. The main products that Hungary exported to British Virgin Islands were Cars ($351k), Plastic Wash Basins ($30k), and Motor vehicles; parts and accessories (8701 to 8705) ($17.4k). Over the past 13 years the exports of Hungary to British Virgin Islands have decreased at an annualized rate of 7.24%,  from $605k in 2009 to $416k in 2022.

In 2022, Hungary did not export any services to British Virgin Islands.

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $229k to Hungary. The main products exported from British Virgin Islands to Hungary were Printed Circuit Boards ($215k) and Office Machine Parts ($13.9k). During the last 13 years the exports of British Virgin Islands to Hungary have decreased at an annualized rate of 25.9%, from $11.4M in 2009 to $229k in 2022.

In 2017, Hungary exported $416k to British Virgin Islands. The main products exported from Hungary to British Virgin Islands were Cars ($351k), Plastic Wash Basins ($30k), and Motor vehicles; parts and accessories (8701 to 8705) ($17.4k). During the last 5 years the exports of Hungary to British Virgin Islands have decreased at an annualized rate of 7.24%, from $605k in 2022 to $416k in 2017.

Exports from British Virgin Islands (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to British Virgin Islands (Flag) (2022)

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$85.8M
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from British Virgin Islands than Hungary included Malta ($85.8M), Zimbabwe ($5.02M), and Bahamas ($824k).

In 2022, countries that imported more from Hungary than British Virgin Islands included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary (Flag) and British Virgin Islands (Flag) (2022)

Comparative Advantage British Virgin Islands - Hungary

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Hungary in the exports of Machines ($229k).

During 2017, Hungary had a large net trade with British Virgin Islands in the exports of Transportation ($369k), Plastics and Rubbers ($30.7k), and Foodstuffs ($6.69k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Hungary (Flag) (2022)

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