2022
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GDP
$291BCURRENT US$
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2012-2022
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GDP GROWTH
39.3%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 
$27,638CURRENT US$
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2012-2022
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GDP PC GROWTH
39.1%CURRENT US$
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2022
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GDP PC
$18,463CURRENT US$
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GDP PC GROWTH
42.2%CURRENT US$
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About

In 2019, Czechia exported services to Hungary worth $509M, with Transportation ($230M), Other business services ($127M), and Travel ($82.4M) being the largest in terms of value.

Hungary-Czechia Trade: In N/A, Hungary exported $4.69B to Czechia. The main products that Hungary exported to Czechia were Electric Batteries ($808M), Motor vehicles; parts and accessories (8701 to 8705) ($337M), and Packaged Medicaments ($271M). Over the past N/A years the exports of Hungary to Czechia have increased at an annualized rate of 82%,  from $235M in N/A to $4.69B in N/A.

In 2020, Hungary exported services to Czechia worth $395M, with Other business services ($146M), Transportation ($107M), and Travel ($88.5M) being the largest in terms of value.

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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

Czechia does not register exports to Hungary. The main products exported from Czechia to Hungary were Broadcasting Equipment ($1.09B), Motor vehicles; parts and accessories (8701 to 8705) ($762M), and Cars ($520M).

In 2017, Hungary exported $4.69B to Czechia. The main products exported from Hungary to Czechia were Electric Batteries ($808M), Motor vehicles; parts and accessories (8701 to 8705) ($337M), and Packaged Medicaments ($271M). During the last 22 years the exports of Hungary to Czechia have increased at an annualized rate of 82%, from $235M in 1995 to $4.69B in 2017.

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

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

Latest Data

Trade between Czechia (Flag) and Hungary (Flag)

Czechia Exports

Hungary Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Czechia than Hungary included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Hungary than Czechia included Romania ($7.94B), Serbia ($3.42B), and Croatia ($3.19B).

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

Comparative Advantage Czechia - Hungary

Flow
Scale

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

During 2017, Hungary had a large net trade with Czechia in the exports of Machines ($2.5B), Chemical Products ($696M), and Transportation ($568M).

Service Trade

Bilateral Service Trade

In 2019, Czechia exported services to Hungary worth $509M, with Transportation ($230M), Other business services ($127M), and Travel ($82.4M) being the largest in terms of value.

In 2020, Hungary exported services to Czechia worth $395M, with Other business services ($146M), Transportation ($107M), and Travel ($88.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia (Flag) to Hungary (Flag) (2019)

Services Exports from Hungary (Flag) to Czechia (Flag) (2020)

Economic Complexity

Competitive Landscape

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

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

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