2023
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GDP
$1.07BCURRENT US$
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2013-2023
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GDP GROWTH
39.4%CURRENT US$
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2023
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 GDP
$212BCURRENT US$
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2013-2023
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GDP GROWTH
56.5%CURRENT US$
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2023
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GDP PC 
$10,520CURRENT US$
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2013-2023
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GDP PC GROWTH
48.8%CURRENT US$
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2023
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GDP PC
$22,142CURRENT US$
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2013-2023
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GDP PC GROWTH
61.4%CURRENT US$
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About

Saint Vincent and the Grenadines-Hungary Trade: In 2016, Saint Vincent and the Grenadines exported $504 to Hungary. The main products that Saint Vincent and the Grenadines exported to Hungary were N/A. Over the past 10 years the exports of Saint Vincent and the Grenadines to Hungary have decreased at an annualized rate of 6.62%, from $1k in 2006 to $504 in 2016.

In 2016, Saint Vincent and the Grenadines did not export any services to Hungary.

Hungary-Saint Vincent and the Grenadines Trade: In 2016, Hungary exported $229k to Saint Vincent and the Grenadines. The main products that Hungary exported to Saint Vincent and the Grenadines were Cars ($177k), Insulated Wire ($28.7k), and Plastic Lids ($10.6k). Over the past 10 years the exports of Hungary to Saint Vincent and the Grenadines have increased at an annualized rate of 16.4%,  from $92k in 2006 to $229k in 2016.

In 2016, Hungary did not export any services to Saint Vincent and the Grenadines.

Comparison In 2023,  Saint Vincent and the Grenadines ranked 200 in total exports ($64.2M), 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 2016, Saint Vincent and the Grenadines exported $504 to Hungary. There were not main exports from Saint Vincent and the Grenadines to Hungary in 2016. During the last 10 years the exports of Saint Vincent and the Grenadines to Hungary have decreased at an annualized rate of 6.62%, from $1k in 2006 to $504 in 2016.

In 2018, Hungary exported $229k to Saint Vincent and the Grenadines. The main products exported from Hungary to Saint Vincent and the Grenadines were Cars ($177k), Insulated Wire ($28.7k), and Plastic Lids ($10.6k). During the last 5 years the exports of Hungary to Saint Vincent and the Grenadines have increased at an annualized rate of 16.4%, from $92k in 2023 to $229k in 2018.

Exports from Saint Vincent and the Grenadines (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Saint Vincent and the Grenadines (Flag) (2023)

Latest Data

Trade between Saint Vincent and the Grenadines (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$37.4B

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

In 2023, countries that imported more from Saint Vincent and the Grenadines than Hungary included Barbados ($8.86M), Saint Lucia ($6.16M), and Saint Kitts and Nevis ($5.44M).

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

Difference in imports from Hungary (Flag) and Saint Vincent and the Grenadines (Flag) (2023)

Comparative Advantage Saint Vincent and the Grenadines - Hungary

Flow
Scale

This chart compares trade between Saint Vincent and the Grenadines and Hungary by product, considering products traded by both, Saint Vincent and the Grenadines and Hungary.

During 2016, Saint Vincent and the Grenadines had a large net trade with Hungary in the exports of .

During 2018, Hungary had a large net trade with Saint Vincent and the Grenadines in the exports of Transportation ($177k), Machines ($34.4k), and Plastics and Rubbers ($10.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Saint Vincent and the Grenadines (Flag) and Hungary (Flag) (2023)

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