Bahamas (BHS) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Bahamas-Hungary Trade: In 2022, Bahamas exported $2.31k to Hungary. The main products that Bahamas exported to Hungary were Knit Women's Suits ($1.08k), Knit Men's Suits ($401), and Knit T-shirts ($301). Over the past 5 years the exports of Bahamas to Hungary have decreased at an annualized rate of 71%, from $1.12M in 2017 to $2.31k in 2022.

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

Hungary-Bahamas Trade: In 2022, Hungary exported $174k to Bahamas. The main products that Hungary exported to Bahamas were Cars ($89.5k), Broadcasting Equipment ($29.7k), and Refined Petroleum ($14k). Over the past 5 years the exports of Hungary to Bahamas have increased at an annualized rate of 9.29%, from $102k in 2017 to $174k in 2022.

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

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B), 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, Bahamas exported $2.31k to Hungary. The main products exported from Bahamas to Hungary were Knit Women's Suits ($1.08k), Knit Men's Suits ($401), and Knit T-shirts ($301). During the last 5 years the exports of Bahamas to Hungary have decreased at an annualized rate of 71%, from $1.12M in 2017 to $2.31k in 2022.

In 2017, Hungary exported $174k to Bahamas. The main products exported from Hungary to Bahamas were Cars ($89.5k), Broadcasting Equipment ($29.7k), and Refined Petroleum ($14k). During the last 5 years the exports of Hungary to Bahamas have increased at an annualized rate of 9.29%, from $102k in 2022 to $174k in 2017.

Exports from Bahamas () to Hungary () (2022)

Exports from Hungary () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Hungary ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Bahamas than Hungary included Cote d'Ivoire ($576M), Barbados ($30M), and Guatemala ($42.2M).

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

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

Comparative Advantage Bahamas - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Hungary in the exports of Textiles ($2.01k), Animal Hides ($201), and Footwear and Headwear ($100).

During 2017, Hungary had a large net trade with Bahamas in the exports of Transportation ($90.4k), Machines ($42.9k), and Stone And Glass ($20.9k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Hungary () (2022)

Exports from Hungary () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Hungary ()

Hungary Exports

Market Competitiveness

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

Comparative Advantage Bahamas - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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