Belize (BLZ) and Hungary (HUN) Trade | The Observatory of Economic Complexity

About

Belize-Hungary Trade: In 2022, Belize exported $18.3M to Hungary. The main products that Belize exported to Hungary were N/A. Over the past 5 years the exports of Belize to Hungary have increased at an annualized rate of 143%, from $217k in 2017 to $18.3M in 2022.

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

Hungary-Belize Trade: In 2022, Hungary exported $97.6k to Belize. The main products that Hungary exported to Belize were Pesticides ($88.7k), Electric Batteries ($4.46k), and Motor vehicles; parts and accessories (8701 to 8705) ($2.39k). Over the past 5 years the exports of Hungary to Belize have increased at an annualized rate of 7.84%, from $67k in 2017 to $97.6k in 2022.

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

Comparison In 2022, Belize ranked 175 in total exports ($399M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belize exported $18.3M to Hungary. There were not main exports from Belize to Hungary in 2022. During the last 5 years the exports of Belize to Hungary have increased at an annualized rate of 143%, from $217k in 2017 to $18.3M in 2022.

In 2017, Hungary exported $97.6k to Belize. The main products exported from Hungary to Belize were Pesticides ($88.7k), Electric Batteries ($4.46k), and Motor vehicles; parts and accessories (8701 to 8705) ($2.39k). During the last 5 years the exports of Hungary to Belize have increased at an annualized rate of 7.84%, from $67k in 2022 to $97.6k in 2017.

Exports from Belize () to Hungary () (2022)

Exports from Hungary () to Belize () (2022)

Latest Data

Trade between Belize () and Hungary ()

Belize Exports

Date

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belize
Top DestinationUnited States$86.5M

Hungary
Top DestinationGermany$35.5B

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 2022, countries that imported more from Belize than Hungary included Guatemala ($39.2M), Honduras ($19.9M), and Jamaica ($14.9M).

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

Difference in imports from Hungary () and Belize () (2022)

Comparative Advantage Belize - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belize had a large net trade with Hungary in the exports of Chemical Products ($18.3M), Plastics and Rubbers ($9.31k), and Machines ($10).

During 2017, Hungary had a large net trade with Belize in the exports of Chemical Products ($88.7k), Machines ($4.74k), and Transportation ($2.39k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Belize () to Hungary () (2022)

Exports from Hungary () to Belize () (2022)

Latest Data

Trade between Belize () and Hungary ()

Belize Exports

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Belize () (2022)

Comparative Advantage Belize - Hungary

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Belize () and Hungary () (2022)

Keep Exploring