Flag Germany / Hungary Flag

2019
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Exports
: $28.9B, Rnk 14 / 223

2019
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Top Product
: $2.54B, Vehicle Parts

2019
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Exports
: $32.6B, Rnk 1 / 205

2019
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Top Product
: $3.99B, Cars

2019
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Economic Complexity (ECI)
: ECI 1.92, Rnk 4 / 146

2019
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Economic Complexity (ECI)
: ECI 1.46, Rnk 14 / 146

2019
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GDP
: $3.86T, CURRENT US$
Rnk 4 / 187

2009-2019
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GDP GROWTH
: 13.6%, CURRENT US$
Rnk 158 / 187

2019
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 GDP
: $163B, CURRENT US$
Rnk 55 / 187

2009-2019
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GDP GROWTH
: 25%, CURRENT US$
Rnk 140 / 187

2019
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GDP PC 
: $46,445, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP PC GROWTH
: 12%, CURRENT US$
Rnk 135 / 187

2019
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GDP PC
: $16,732, CURRENT US$
Rnk 54 / 187

2009-2019
Flag
GDP PC GROWTH
: 28.2%, CURRENT US$
Rnk 96 / 187

Germany-Hungary In 2019, Germany exported $28.9B to Hungary. The main products that Germany exported to Hungary are Vehicle Parts ($2.54B), Cars ($1.26B), and Integrated Circuits ($1.2B). During the last 24 years the exports of Germany to Hungary have increased at an annualized rate of 7.9%, from $4.67B in 1995 to $28.9B in 2019.

In 2018, Germany exported services to Hungary worth $2.66B, with Other business services ($1.11B), Royalties and license fees ($423M), and Transportation ($418M) being the largest in terms of value.

Hungary-Germany In 2019, Hungary exported $32.6B to Germany . The main products that Hungary exported to Germany were Cars ($3.99B), Vehicle Parts ($2.7B), and Spark-Ignition Engines ($1.92B). During the last 24 years the exports of Hungary to Germany have increased at an annualized rate of 9.18%, from $3.97B in 1995 to $32.6B in 2019.

In 2018, Hungary exported services to Germany worth $4.16B, with Other business services ($1.36B), Transportation ($1.04B), and Travel ($823M) being the largest in terms of value.

Comparison In 2019,  Germany ranked 4 in the Economic Complexity Index (ECI 1.92), and 3 in total exports ($1.44T). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.46), and 33 in total exports ($121B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Germany exported $28.9B to Hungary. The main products exported from Germany to Hungary were Vehicle Parts ($2.54B), Cars ($1.26B), and Integrated Circuits ($1.2B). During the last 24 years the exports of Germany to Hungary have increased at an annualized rate of 7.9%, from $4.67B in 1995 to $28.9B in 2019.

In 2019, Hungary exported $32.6B to Germany. The main products exported from Hungary to Germany were Cars ($3.99B), Vehicle Parts ($2.7B), and Spark-Ignition Engines ($1.92B). During the last 24 years the exports of Hungary to Germany have increased at an annualized rate of 9.18%, from $3.97B in 1995 to $32.6B in 2019.

Germany Exports

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Hungary Exports

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Market Competitiveness

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Measure

Germany
Top Destination
: United States, $131B

Hungary
Top Destination
: Germany, $32.6B

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

In 2019, countries that imported more from Germany than Hungary were United States ($131B), France ($115B), and China ($107B).

In 2019, countries that imported more from Hungary than Germany were Palau ($67.9k).

Comparative Advantage Germany - Hungary

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Depth

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

During 2019, Germany had a large net trade with Hungary in the exports of Machines ($12.4B), Transportation ($5.59B), and Metals ($2.48B).

During 2019, Hungary had a large net trade with Germany in the exports of Machines ($15.6B), Transportation ($7.7B), and Metals ($1.44B).

Bilateral Service Trade

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In 2018, Germany exported services to Hungary worth $2.66B, with Other business services ($1.11B), Royalties and license fees ($423M), and Transportation ($418M) being the largest in terms of value.

In 2018, Hungary exported services to Germany worth $4.16B, with Other business services ($1.36B), Transportation ($1.04B), and Travel ($823M) 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 red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Hungary. Similarly, the more red a dot/product is, the more Hungary has comparative advantage over Germany.