2023
Flag  
GDP
$3.65BCURRENT US$
Rnk 165 / 195
2013-2023
Flag
GDP GROWTH
33.8%CURRENT US$
Rnk 105 / 195
2023
Flag
 GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC 
$33,985CURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP PC GROWTH
31.7%CURRENT US$
Rnk 74 / 195
2023
Flag
GDP PC
$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195

About

Aruba-Hungary Trade: In 2023, Aruba exported $103k to Hungary. The main products that Aruba exported to Hungary were Broadcasting Equipment ($102k) and Computers ($984). Over the past 6 years the exports of Aruba to Hungary have increased at an annualized rate of 142%, from $512 in 2017 to $103k in 2023.

In 2023, Aruba did not export any services to Hungary.

Hungary-Aruba Trade: In 2023, Hungary exported $197k to Aruba. The main products that Hungary exported to Aruba were Cars ($102k), Knit Active Wear ($27.5k), and Processed Tobacco ($25.8k). Over the past 6 years the exports of Hungary to Aruba have decreased at an annualized rate of 25.7%,  from $870k in 2017 to $197k in 2023.

In 2023, Hungary did not export any services to Aruba.

Comparison In 2023,  Aruba ranked 192 in total exports ($162M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Aruba exported $103k to Hungary. The main products exported from Aruba to Hungary were Broadcasting Equipment ($102k) and Computers ($984). During the last 6 years the exports of Aruba to Hungary have increased at an annualized rate of 142%, from $512 in 2017 to $103k in 2023.

In 2018, Hungary exported $197k to Aruba. The main products exported from Hungary to Aruba were Cars ($102k), Knit Active Wear ($27.5k), and Processed Tobacco ($25.8k). During the last 5 years the exports of Hungary to Aruba have decreased at an annualized rate of 25.7%, from $870k in 2023 to $197k in 2018.

Exports from Aruba (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Aruba (Flag) (2023)

Latest Data

Trade between Aruba (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Aruba
Top Destination
Jordan$55.5M
Hungary
Top Destination
Germany$37.4B

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

In 2023, countries that imported more from Aruba than Hungary included Guyana ($8.42M) and Curaçao ($4M).

In 2023, countries that imported more from Hungary than Aruba included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

Difference in imports from Hungary (Flag) and Aruba (Flag) (2023)

Comparative Advantage Aruba - Hungary

Flow
Scale

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

During 2023, Aruba had a large net trade with Hungary in the exports of Machines ($103k).

During 2018, Hungary had a large net trade with Aruba in the exports of Transportation ($110k), Textiles ($30k), and Foodstuffs ($29.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Aruba (Flag) and Hungary (Flag) (2023)

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