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Pricing

2022
Flag → Flag
Exports $815kRnk 165 / 205
2022
Flag → Flag
Top Product $174kChemical Analysis Instruments
2022
Flag → Flag
Exports $631kRnk 44 / 149
2022
Flag → Flag
Top Product $289kNon-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Hungary-Nepal Trade: In 2022, Hungary exported $815k to Nepal. The main products that Hungary exported to Nepal were Chemical Analysis Instruments ($174k), Other Heating Machinery ($49.9k), and Computers ($47.3k). Over the past 5 years the exports of Hungary to Nepal have decreased at an annualized rate of 2.58%, from $929k in 2017 to $815k in 2022.

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

Nepal-Hungary Trade: In 2022, Nepal exported $631k to Hungary. The main products that Nepal exported to Hungary were Non-Knit Women's Suits ($289k), Percussion ($116k), and Bells and Other Metal Ornaments ($50.3k). Over the past 5 years the exports of Nepal to Hungary have increased at an annualized rate of 8.23%,  from $425k in 2017 to $631k in 2022.

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

Comparison In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38),  and 35 in total exports ($145B). That same year, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $815k to Nepal. The main products exported from Hungary to Nepal were Chemical Analysis Instruments ($174k), Other Heating Machinery ($49.9k), and Computers ($47.3k). During the last 5 years the exports of Hungary to Nepal have decreased at an annualized rate of 2.58%, from $929k in 2017 to $815k in 2022.

In 2017, Nepal exported $631k to Hungary. The main products exported from Nepal to Hungary were Non-Knit Women's Suits ($289k), Percussion ($116k), and Bells and Other Metal Ornaments ($50.3k). During the last 5 years the exports of Nepal to Hungary have increased at an annualized rate of 8.23%, from $425k in 2022 to $631k in 2017.

Exports from Hungary (Flag) to Nepal (Flag) (2022)

Exports from Nepal (Flag) to Hungary (Flag) (2022)

Latest Data

Trade between Hungary (Flag) and Nepal (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Nepal
Top DestinationIndia$956M

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

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

In 2022, countries that imported more from Nepal than Hungary included India ($956M), Central African Republic ($8.88M), and Bhutan ($3.99M).

Difference in imports from Nepal (Flag) and Hungary (Flag) (2022)

Comparative Advantage Hungary - Nepal

Flow
Scale

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

During 2022, Hungary had a large net trade with Nepal in the exports of Machines ($302k), Instruments ($219k), and Transportation ($59.9k).

During 2017, Nepal had a large net trade with Hungary in the exports of Textiles ($335k), Instruments ($119k), and Metals ($74.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Nepal+$252kComputers
Top Product Potential Nepal Hungary+$252kNon-Knit Women's Suits

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.

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Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and Nepal (Flag) (2022)

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