Regional export playbook

Hungary in Latin America and Caribbean
where to look next

Compare buyer markets, access conditions, and product opportunities across Latin America and Caribbean. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.

HUN8 markets2024 trade year
3-year opportunity$60.0BCalculated addressable value
Buyer markets8Markets with qualifying rows
FTA markets5Reported access indicator
Avg. distance10,368 kmAverage reported distance
Avg. entry days21Business entry indicator

Latin America and Caribbean regional view

Should Hungary focus here?

The answer depends on demand, product fit, access, competition, and route economics. This playbook shows where the available trade signals are strongest.

Largest market shown

Brazil

$31.1B calculated opportunity across 14 screened products.

Regional footprint

8 buyer markets

Reported trade and access indicators are available for the qualifying markets shown below.

How to use the guide

Compare demand with access

Start with the strongest markets, then validate buyers, tariffs, standards, logistics, and competition at product level.

Market comparison

Which markets deserve a closer look?

Markets are ranked by calculated three-year opportunity across the qualifying products in this regional view.

MarketOpportunityProductsFTADistanceEntry daysTop product
BrazilBRA$31.1B14Not reported10,267 km17Product not reported
ChileCHL$9.2B2Reported12,670 km4Product not reported
ColombiaCOL$7.0B3Reported9,945 km10Product not reported
EcuadorECU$3.9B1Reported10,603 km49Product not reported
PeruPER$3.8B2Reported11,462 km26Product not reported
ParaguayPRY$1.9B1Not reported11,133 km35Telephones for cellular networks or for other wireless networks
Dominican RepublicDOM$1.8B1Not reported8,425 km17Product not reported
BahamasBHS$1.3B1Reported8,442 km12Product not reported

Top regional opportunities

Products and markets to review

The rows below are screened by reported buyer demand, exporter position, and available history. Calculated opportunity is a research signal, not a forecast.

RankMarketProductOpportunityBuyer growthCurrent share
1ChileCHLHS 271019Product description unavailable$7.2B+13.8%+0.0%
2BrazilBRAHS 271019Product description unavailable$7.0B+9.0%+0.0%
3BrazilBRAHS 854140Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes$4.3B+17.9%+0.0%
4EcuadorECUHS 271019Product description unavailable$3.9B+12.6%+0.0%
5ColombiaCOLHS 271012Product description unavailable$3.7B+12.7%+0.0%
6BrazilBRAHS 870380Vehicles: with only electric motor for propulsion$2.5B+27.9%+0.3%
7PeruPERHS 271019Product description unavailable$2.5B+10.0%+0.0%
8BrazilBRAHS 851712Telephones for cellular networks or for other wireless networks$2.3B+8.4%+0.0%
9ChileCHLHS 851712Telephones for cellular networks or for other wireless networks$2.0B+14.6%+0.0%
10ParaguayPRYHS 851712Telephones for cellular networks or for other wireless networks$1.9B+16.6%+0.0%
11BrazilBRAHS 310420Fertilizers, mineral or chemical: potassic, potassium chloride$1.8B+10.3%+0.0%
12Dominican RepublicDOMHS 271019Product description unavailable$1.8B+13.6%+0.0%
13BrazilBRAHS 841191Turbines: parts of turbo-jets and turbo-propellers$1.7B+10.7%+0.0%
14ColombiaCOLHS 851712Telephones for cellular networks or for other wireless networks$1.7B+9.4%+0.0%
15BrazilBRAHS 380893Herbicides, 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 articles$1.7B+11.7%+1.7%
16ColombiaCOLHS 271019Product description unavailable$1.6B+6.8%+0.0%
17BrazilBRAHS 850440Electrical static converters$1.6B+10.7%+0.1%
18BrazilBRAHS 851770Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts$1.6B+8.4%+0.0%
19BrazilBRAHS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$1.4B+11.8%+0.0%
20BrazilBRAHS 880330Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803$1.4B+10.3%+0.0%

Sector opportunities

Which product families lead?

HS2 groups make it easier to compare broad product families before moving to individual HS6 products.

HS2 00

HS2 sector 00

8 screened products with $30.2B of reported buyer imports.

$29.1BCalculated opportunity · +10.9% average growth

HS2 85

HS2 sector 85

8 screened products with $15.1B of reported buyer imports.

$16.6BCalculated opportunity · +12.5% average growth

HS2 87

HS2 sector 87

2 screened products with $2.8B of reported buyer imports.

$3.8BCalculated opportunity · +17.1% average growth

HS2 31

HS2 sector 31

2 screened products with $4.6B of reported buyer imports.

$3.1BCalculated opportunity · +10.1% average growth

HS2 30

HS2 sector 30

2 screened products with $7.8B of reported buyer imports.

$2.7BCalculated opportunity · +10.9% average growth

HS2 84

HS2 sector 84

1 screened products with $2.0B of reported buyer imports.

$1.7BCalculated opportunity · +10.7% average growth

HS2 38

HS2 sector 38

1 screened products with $2.0B of reported buyer imports.

$1.7BCalculated opportunity · +11.7% average growth

HS2 88

HS2 sector 88

1 screened products with $1.9B of reported buyer imports.

$1.4BCalculated opportunity · +10.3% average growth

Frequently asked questions

Using the Latin America and Caribbean export playbook

Practical guidance for interpreting regional market and product comparisons.

Should Hungary focus on this region?

Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions.

What does calculated opportunity mean?

It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry.

How should exporters use this page?

Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). 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.