Sign In
Pricing

2022
Flag → Flag
Exports $1.88BRnk 19 / 198
2022
Flag → Flag
Top Product $309MIntegrated Circuits
2022
Flag → Flag
Exports $428MRnk 40 / 205
2022
Flag → Flag
Top Product $136MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Hong Kong-Hungary Trade: In 2022, Hong Kong exported $1.88B to Hungary. The main products that Hong Kong exported to Hungary were Integrated Circuits ($309M), Printed Circuit Boards ($200M), and Office Machine Parts ($194M). Over the past 5 years the exports of Hong Kong to Hungary have increased at an annualized rate of 18.8%, from $795M in 2017 to $1.88B in 2022.

In 2022, Hong Kong did not export any services to Hungary.

Hungary-Hong Kong Trade: In 2022, Hungary exported $428M to Hong Kong. The main products that Hungary exported to Hong Kong were Broadcasting Equipment ($136M), Semiconductor Devices ($66.5M), and Cars ($45.4M). Over the past 5 years the exports of Hungary to Hong Kong have increased at an annualized rate of 10.4%,  from $260M in 2017 to $428M in 2022.

In 2020, Hungary exported services to Hong Kong worth $131M, with Royalties and license fees ($66.7M), Transportation ($26.6M), and Other business services ($26M) being the largest in terms of value.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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
Value

In 2022, Hong Kong exported $1.88B to Hungary. The main products exported from Hong Kong to Hungary were Integrated Circuits ($309M), Printed Circuit Boards ($200M), and Office Machine Parts ($194M). During the last 5 years the exports of Hong Kong to Hungary have increased at an annualized rate of 18.8%, from $795M in 2017 to $1.88B in 2022.

In 2017, Hungary exported $428M to Hong Kong. The main products exported from Hungary to Hong Kong were Broadcasting Equipment ($136M), Semiconductor Devices ($66.5M), and Cars ($45.4M). During the last 5 years the exports of Hungary to Hong Kong have increased at an annualized rate of 10.4%, from $260M in 2022 to $428M in 2017.

Exports from Hong Kong (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Hungary (Flag)

Hong Kong Exports

Hungary Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Hong Kong than Hungary included China ($23.4B), India ($14.3B), and Malaysia ($3.84B).

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

Difference in imports from Hungary (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Hungary

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Hungary in the exports of Machines ($1.66B), Instruments ($67.9M), and Miscellaneous ($38.4M).

During 2017, Hungary had a large net trade with Hong Kong in the exports of Machines ($335M), Transportation ($46.3M), and Chemical Products ($10.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Hungary+$38MTelephones
Top Product Potential Hungary Hong Kong+$78.4MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Hungary exported services to Hong Kong worth $131M, with Royalties and license fees ($66.7M), Transportation ($26.6M), and Other business services ($26M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Hungary (Flag) to Hong Kong (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Hungary (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms