Flag Czechia / Hungary Flag

2020
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Exports
: $6.13B, Rnk 9 / 205

2020
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Top Product
: $688M, Motor vehicles; parts and accessories (8701 to 8705)

2020
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Exports
: $4.56B, Rnk 8 / 205

2020
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Top Product
: $365M, Electric Batteries

2020
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Economic Complexity (ECI)
: ECI 1.57, Rnk 8 / 127

2020
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Economic Complexity (ECI)
: ECI 1.4, Rnk 14 / 127

2020
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GDP
: $245B, CURRENT US$
Rnk 46 / 204

2010-2020
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 124 / 204

2020
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 GDP
: $157B, CURRENT US$
Rnk 54 / 204

2010-2020
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GDP GROWTH
: 18.5%, CURRENT US$
Rnk 122 / 204

2020
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GDP PC 
: $22,933, CURRENT US$
Rnk 49 / 204

2010-2020
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GDP PC GROWTH
: 14.9%, CURRENT US$
Rnk 99 / 204

2020
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GDP PC
: $16,076, CURRENT US$
Rnk 61 / 204

2010-2020
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GDP PC GROWTH
: 21.6%, CURRENT US$
Rnk 85 / 204

Czechia-Hungary In 2020, Czechia exported $6.13B to Hungary. The main products that Czechia exported to Hungary are Motor vehicles; parts and accessories (8701 to 8705) ($688M), Broadcasting Equipment ($621M), and Cars ($551M). During the last 25 years the exports of Czechia to Hungary have increased at an annualized rate of 11.5%, from $402M in 1995 to $6.13B in 2020.

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 In 2020, Hungary exported $4.56B to Czechia. The main products that Hungary exported to Czechia were Electric Batteries ($365M), Motor vehicles; parts and accessories (8701 to 8705) ($303M), and Spark-Ignition Engines ($235M). During the last 25 years the exports of Hungary to Czechia have increased at an annualized rate of 12.6%, from $234M in 1995 to $4.56B in 2020.

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 2020,  Czechia ranked 8 in the Economic Complexity Index (ECI 1.57), and 27 in total exports ($190B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.4), and 34 in total exports ($118B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Czechia exported $6.13B to Hungary. The main products exported from Czechia to Hungary were Motor vehicles; parts and accessories (8701 to 8705) ($688M), Broadcasting Equipment ($621M), and Cars ($551M). During the last 25 years the exports of Czechia to Hungary have increased at an annualized rate of 11.5%, from $402M in 1995 to $6.13B in 2020.

In 2020, Hungary exported $4.56B to Czechia. The main products exported from Hungary to Czechia were Electric Batteries ($365M), Motor vehicles; parts and accessories (8701 to 8705) ($303M), and Spark-Ignition Engines ($235M). During the last 25 years the exports of Hungary to Czechia have increased at an annualized rate of 12.6%, from $234M in 1995 to $4.56B in 2020.

Czechia Exports

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Hungary Exports

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Market Competitiveness

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Measure

Czechia
Top Destination
: Germany, $60.6B

Hungary
Top Destination
: Germany, $31.4B

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 2019, countries that imported more from Czechia than Hungary were Germany ($60.6B), Slovakia ($14.2B), and Poland ($11.7B).

In 2019, countries that imported more from Hungary than Czechia were Romania ($6.28B), Croatia ($1.99B), and Serbia ($1.91B).

Comparative Advantage Czechia - Hungary

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Flow
Scale

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

During 2020, Czechia had a large net trade with Hungary in the exports of Machines ($2.3B), Transportation ($1.33B), and Chemical Products ($502M).

During 2020, Hungary had a large net trade with Czechia in the exports of Machines ($2.08B), Transportation ($529M), and Chemical Products ($440M).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Czechia has comparative advantage over Hungary. Similarly, the more yellow a dot/product is, the more Hungary has comparative advantage over Czechia.