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2022
Flag → Flag
Exports $207MRnk 40 / 146
2022
Flag → Flag
Exports $204MRnk 52 / 205
2022
Flag → Flag
Top Product $65.5MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 73 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC $11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH-9.23%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Kazakhstan-Hungary Trade: In 2022, Kazakhstan exported $207M to Hungary. The main products that Kazakhstan exported to Hungary were N/A. Over the past 5 years the exports of Kazakhstan to Hungary have increased at an annualized rate of 23.1%, from $73.3M in 2017 to $207M in 2022.

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

Hungary-Kazakhstan Trade: In 2022, Hungary exported $204M to Kazakhstan. The main products that Hungary exported to Kazakhstan were Packaged Medicaments ($65.5M), Refined Petroleum ($12M), and Computers ($9.82M). Over the past 5 years the exports of Hungary to Kazakhstan have increased at an annualized rate of 5.65%,  from $147M in 2017 to $204M in 2022.

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

Comparison: In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Latest Data

Trade between Kazakhstan (Flag) and Hungary (Flag)

Kazakhstan Exports

Hungary Exports

Market Competitiveness

Color
Kazakhstan
Top DestinationChina$13.4B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Kazakhstan than Hungary included China ($13.4B), Russia ($8.78B), and Italy ($12.4B).

In 2022, countries that imported more from Hungary than Kazakhstan included Germany ($35.5B), Slovakia ($6.78B), and Romania ($7.94B).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Kazakhstan Hungary+$55.8MCrude Petroleum
Top Product Potential Hungary Kazakhstan+$13.9MPackaged Medicaments

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 Kazakhstan and Hungary. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Hungary. Similarly, a dot/product with the flag of Hungary indicates it has a comparative advantage over Kazakhstan.

Product Space of Kazakhstan (Flag) and Hungary (Flag) (NaN)

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