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

2023
Flag → Flag
Exports $63.2kRnk 94 / 147
2023
Flag → Flag
Top Product $63kRice
2023
Flag → Flag
Exports $1.71MRnk 146 / 201
2023
Flag → Flag
Top Product $1.09MRubber Pipes
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC $20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Guyana-Hungary Trade: In 2023, Guyana exported $63.2k to Hungary. The main products that Guyana exported to Hungary were Rice ($63k), Broadcasting Equipment ($114), and Electrical Control Boards ($53). Over the past 11 years the exports of Guyana to Hungary have increased at an annualized rate of 46.6%, from $943 in 2012 to $63.2k in 2023.

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

Hungary-Guyana Trade: In 2023, Hungary exported $1.71M to Guyana. The main products that Hungary exported to Guyana were Rubber Pipes ($1.09M), Light Fixtures ($194k), and Plastic Lids ($99.2k). Over the past 11 years the exports of Hungary to Guyana have increased at an annualized rate of 34%,  from $395k in 2012 to $1.71M in 2023.

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

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B), 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, Guyana exported $63.2k to Hungary. The main products exported from Guyana to Hungary were Rice ($63k), Broadcasting Equipment ($114), and Electrical Control Boards ($53). During the last 11 years the exports of Guyana to Hungary have increased at an annualized rate of 46.6%, from $943 in 2012 to $63.2k in 2023.

In 2018, Hungary exported $1.71M to Guyana. The main products exported from Hungary to Guyana were Rubber Pipes ($1.09M), Light Fixtures ($194k), and Plastic Lids ($99.2k). During the last 5 years the exports of Hungary to Guyana have increased at an annualized rate of 34%, from $395k in 2023 to $1.71M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Hungary
Top DestinationGermany$37.4B

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

In 2023, countries that imported more from Guyana than Hungary included Trinidad and Tobago ($1.9B), Singapore ($1.66B), and Brazil ($1.08B).

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

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

Comparative Advantage Guyana - Hungary

Flow
Scale

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

During 2023, Guyana had a large net trade with Hungary in the exports of Vegetable Products ($63k), Machines ($217), and Instruments ($50).

During 2018, Hungary had a large net trade with Guyana in the exports of Plastics and Rubbers ($1.2M), Miscellaneous ($194k), and Transportation ($82.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (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