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

About

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.

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.

Comparison In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41),  and 35 in total exports ($150B). That same year, Belize ranked 173 in total exports ($386M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $154k in 2023.

In 2018, 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 2023 to $10.4M in 2018.

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

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

Latest Data

Trade between Hungary (Flag) and Belize (Flag)

Hungary Exports

Belize Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Hungary - Belize

Flow
Scale

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

During 2023, Hungary had a large net trade with Belize in the exports of Chemical Products ($86.2k), Machines ($30.2k), and Transportation ($27.6k).

During 2018, Belize had a large net trade with Hungary in the exports of Chemical Products ($10.3M), Plastics and Rubbers ($89.3k), and Textiles ($1).

Economic Complexity

Competitive Landscape

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

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

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