Colombia / Hungary

Colombia-Hungary Trade: In 2023, Colombia exported $3.32M to Hungary. The main products that Colombia exported to Hungary were Cut Flowers ($1.45M), Pesticides ($995k), and Confectionery Sugar ($427k). Over the past 5 years the exports of Colombia to Hungary have decreased at an annualized rate of 3.28%, from $3.93M in 2018 to $3.32M in 2023.

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

Hungary-Colombia Trade: In 2023, Hungary exported $118M to Colombia. The main products that Hungary exported to Colombia were Cars ($63.2M), Pesticides ($7.49M), and Vaccines, blood, antisera, toxins and cultures ($4.55M). Over the past 5 years the exports of Hungary to Colombia have increased at an annualized rate of 8.11%,  from $79.7M in 2018 to $118M in 2023.

In 2002, Hungary exported services to Colombia worth $150k, with Government services, n.i.e. ($69.2k), Other business services ($43k), and Transportation ($16.8k) being the largest in terms of value.

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).