2022
Flag  
GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
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GDP GROWTH
-12.4%CURRENT US$
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2022
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 GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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GDP PC 
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
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GDP PC GROWTH
-20.7%CURRENT US$
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2022
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GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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About

Brunei-Hungary Trade: In 2022, Brunei exported $65.6k to Hungary. The main products that Brunei exported to Hungary were Wrenches ($13.1k), Other Measuring Instruments ($12.6k), and Air Pumps ($11.1k). Over the past 5 years the exports of Brunei to Hungary have increased at an annualized rate of 91.6%, from $2.54k in 2017 to $65.6k in 2022.

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

Hungary-Brunei Trade: In 2022, Hungary exported $3.02M to Brunei. The main products that Hungary exported to Brunei were Cars ($1.58M), Other Office Machines ($671k), and Electric Heaters ($196k). Over the past 5 years the exports of Hungary to Brunei have decreased at an annualized rate of 13.6%,  from $6.27M in 2017 to $3.02M in 2022.

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

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. 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, Brunei exported $65.6k to Hungary. The main products exported from Brunei to Hungary were Wrenches ($13.1k), Other Measuring Instruments ($12.6k), and Air Pumps ($11.1k). During the last 5 years the exports of Brunei to Hungary have increased at an annualized rate of 91.6%, from $2.54k in 2017 to $65.6k in 2022.

In 2017, Hungary exported $3.02M to Brunei. The main products exported from Hungary to Brunei were Cars ($1.58M), Other Office Machines ($671k), and Electric Heaters ($196k). During the last 5 years the exports of Hungary to Brunei have decreased at an annualized rate of 13.6%, from $6.27M in 2022 to $3.02M in 2017.

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

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

Latest Data

Trade between Brunei (Flag) and Hungary (Flag)

Brunei Exports

Hungary Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.66B
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Brunei than Hungary included Australia ($2.66B), Singapore ($1.97B), and Japan ($2.32B).

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

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

Comparative Advantage Brunei - Hungary

Flow
Scale

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

During 2022, Brunei had a large net trade with Hungary in the exports of Machines ($26.8k), Instruments ($23.7k), and Metals ($13.6k).

During 2017, Hungary had a large net trade with Brunei in the exports of Transportation ($1.61M), Machines ($978k), and Plastics and Rubbers ($190k).

Economic Complexity

Competitive Landscape

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

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

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