2022
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GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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 GDP
$2.82BCURRENT US$
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2012-2022
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GDP GROWTH
48.4%CURRENT US$
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2022
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GDP PC 
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186
2022
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GDP PC
$6,968CURRENT US$
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2012-2022
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GDP PC GROWTH
23.4%CURRENT US$
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About

Hungary-Belize In 2022, Hungary exported $97.6k to Belize. The main products that Hungary exported to Belize are Pesticides ($88.7k), Electric Batteries ($4.46k), and Motor vehicles; parts and accessories (8701 to 8705) ($2.39k). During the last 27 years the exports of Hungary to Belize have increased at an annualized rate of 6.74%, from $16.8k in 1995 to $97.6k in 2022.

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

Belize-Hungary In 2022, Belize exported $18.3M to Hungary. The main products that Belize exported to Hungary were Nitrogen Heterocyclic Compounds ($9.73M), Nucleic Acids ($3.62M), and Carboxyamide Compounds ($2.56M). During the last 27 years the exports of Belize to Hungary have increased at an annualized rate of 18.9%, from $170k in 1995 to $18.3M in 2022.

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

Comparison In 2022,  Hungary ranked 13 in the Economic Complexity Index (ECI 1.36),  and 35 in total exports ($145B). That same year, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 27 years the exports of Hungary to Belize have increased at an annualized rate of 6.74%, from $16.8k in 1995 to $97.6k in 2022.

In 2022, Belize exported $18.3M to Hungary. The main products exported from Belize to Hungary were Nitrogen Heterocyclic Compounds ($9.73M), Nucleic Acids ($3.62M), and Carboxyamide Compounds ($2.56M). During the last 27 years the exports of Belize to Hungary have increased at an annualized rate of 18.9%, from $170k in 1995 to $18.3M in 2022.

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

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

Latest Data

Trade between Hungary (Flag) and Belize (Flag)

Hungary Exports

Belize Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Belize
Top Destination
United States$86.5M

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 2021, countries that imported more from Hungary than Belize were Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

In 2021, countries that imported more from Belize than Hungary were Guatemala ($39.2M), Honduras ($19.9M), and Jamaica ($14.9M).

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

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 2022, Hungary had a large net trade with Belize in the exports of Chemical Products ($88.7k), Machines ($4.74k), and Transportation ($2.39k).

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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hungary has comparative advantage over Belize. Similarly, the more yellow a dot/product is, the more Belize has comparative advantage over Hungary.

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

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