Hungary / Albania

Hungary-Albania Trade: In 2022, Hungary exported $97.5M to Albania. The main products that Hungary exported to Albania were Packaged Medicaments ($12.4M), Seed Oils ($8.31M), and Broadcasting Equipment ($6.73M). Over the past 5 years the exports of Hungary to Albania have increased at an annualized rate of 1.81%, from $89.1M in 2017 to $97.5M in 2022.

In 2002, Hungary exported services to Albania worth $29.4k, with Government services, n.i.e. ($16.8k) and Other business services ($12.6k) being the largest in terms of value.

Albania-Hungary Trade: In 2022, Albania exported $26.8M to Hungary. The main products that Albania exported to Hungary were Leather Footwear ($10.6M), Knit Women's Undergarments ($3.08M), and Footwear Parts ($2.11M). Over the past 5 years the exports of Albania to Hungary have increased at an annualized rate of 1.78%,  from $24.6M in 2017 to $26.8M in 2022.

In 2017, Albania exported services to Hungary worth $9.6M, with Other business services ($4.97M), Travel ($3.61M), and Computer and information services ($565k) being the largest in terms of value.

Comparison: In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).