Trade route overview

Belize exports to Hungary
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

BLZ-HUN2024 reported exports10 product typesWatch review level
Latest reported exports$4.0M2024 route total
Highest-priority products0Need the closest review
Products needing review1High-attention product types
Exports needing review25.3%Share of route exports
Overall review levelWatchBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Belize reported $4.0M in goods exports to Hungary. 1 product types are marked for closer review, covering 25.3% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Belize to Hungary in the latest available year.

$4.0M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

25.3% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

10 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Belize to Hungary. Bar lengths are relative to the highest year shown.

Latest annual total$5.6M2024 annual history
Highest year$17.2M2022 annual history
Latest below highest67.3%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$1.0M
Still below the previous high
$3.1M
Buyer demand is falling
$0.0
Product mix is concentrated
$146.7K
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility0.7Higher means bigger yearly swings
Below highest year55.9%Compared with the route's best year
Product concentration (HHI)1,707.90-10,000 scale; higher means fewer products dominate
Largest product share25.3%Share from the biggest product

Largest product

Heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts, other than piperidine and its salts

Product code HS6 293339 makes up 25.3% of exports from Belize to Hungary. The main reason to review it is: Some product types remain below their previous high.

See product rows
Exports of this product$1.0M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Belize exports to Hungary
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts, other than piperidine and its saltsHS6 293339 - six-digit product code$48.3M76.2%1.2High attention
2Herbicides, anti-sprouting products and plant-growth regulators: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articlesHS6 380893 - six-digit product code$114.0M0%0.3Watch
3Cyclic amides (including cyclic carbamates) and their derivatives: other than the derivatives and salts of ureines, 2-acetamidobenzoic acid (N-acetylanthancillic acid), and ethinamate SHS6 292429 - six-digit product code$23.1M74.3%0.7Watch
4Nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934HS6 293499 - six-digit product code$100.0M69.2%0.6Watch
5Heterocyclic compounds: n.e.c. in headings no. 2933HS6 293399 - six-digit product code$68.9M68.1%0.6Watch
6Heterocyclic compounds: containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure, (other than malonylurea (barbituric acid) and its derivatives),and loprazolam, mecloqualone, methaqualone, zipeprol and salts thereofHS6 293359 - six-digit product code$33.5M76.9%0.8Watch
7Organo-sulphur compounds: n.e.s. in heading no. 2930HS6 293090 - six-digit product code$14.6M63%0.4Watch
8Acids: carboxylic acids, with additional oxygen function (not alcohol, phenol, aldehyde or ketone) and their anhydrides, halides, peroxides and peroxyacids: their halogenated, sulphonated, nitrated or nitrosated derivatives: other than 2,4,5-T (ISO)HS6 291899 - six-digit product code$12.1M85.6%0.8Watch
9Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, lactonesHS6 293220 - six-digit product code$12.4M0%0Watch
10Heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam)HS6 293379 - six-digit product code$27.4M85.1%0.6Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Belize. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets9,887 kmApproximate route distance
Trade agreement (FTA)YesReported agreement coverage
Average import tariff11.4%Average tax applied to imports
Buyer economy size$182.3B2024 gross domestic product
Buyer GDP per person$18.8KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemNoReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time7 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain.

How much did Belize export to Hungary?

Belize reported $4.0M in goods exports to Hungary in 2024.

What does "exports needing review" mean?

25.3% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.