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2022
Flag → Flag
Exports $4.38BRnk 28 / 219
2022
Flag → Flag
Top Product $349MPackaged Medicaments
2022
Flag → Flag
Exports $5.95BRnk 7 / 205
2022
Flag → Flag
Top Product $547MCars
2022
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Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
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Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
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GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
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 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC $40,964CURRENT US$
Rnk 26 / 186
2012-2022
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GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

France-Hungary Trade: In 2022, France exported $4.38B to Hungary. The main products that France exported to Hungary were Packaged Medicaments ($349M), Low-voltage Protection Equipment ($245M), and Motor vehicles; parts and accessories (8701 to 8705) ($201M). Over the past 5 years the exports of France to Hungary have increased at an annualized rate of 2.23%, from $3.92B in 2017 to $4.38B in 2022.

In 2020, France exported services to Hungary worth $533M, with Other business services ($291M), Transportation ($81.1M), and Travel ($61.7M) being the largest in terms of value.

Hungary-France Trade: In 2022, Hungary exported $5.95B to France. The main products that Hungary exported to France were Cars ($547M), Motor vehicles; parts and accessories (8701 to 8705) ($320M), and Video Displays ($305M). Over the past 5 years the exports of Hungary to France have increased at an annualized rate of 3.73%,  from $4.95B in 2017 to $5.95B in 2022.

In 2020, Hungary exported services to France worth $529M, with Other business services ($203M), Transportation ($162M), and Travel ($86.2M) being the largest in terms of value.

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). 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, France exported $4.38B to Hungary. The main products exported from France to Hungary were Packaged Medicaments ($349M), Low-voltage Protection Equipment ($245M), and Motor vehicles; parts and accessories (8701 to 8705) ($201M). During the last 5 years the exports of France to Hungary have increased at an annualized rate of 2.23%, from $3.92B in 2017 to $4.38B in 2022.

In 2017, Hungary exported $5.95B to France. The main products exported from Hungary to France were Cars ($547M), Motor vehicles; parts and accessories (8701 to 8705) ($320M), and Video Displays ($305M). During the last 5 years the exports of Hungary to France have increased at an annualized rate of 3.73%, from $4.95B in 2022 to $5.95B in 2017.

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

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

Latest Data

Trade between France (Flag) and Hungary (Flag)

France Exports

Hungary Exports

Market Competitiveness

Color
France
Top DestinationGermany$78.3B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from France than Hungary included Italy ($56.4B), Belgium ($47.8B), and United States ($50B).

In 2022, countries that imported more from Hungary than France included Slovakia ($6.78B), Romania ($7.94B), and Serbia ($3.42B).

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

Comparative Advantage France - Hungary

Flow
Scale

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

During 2022, France had a large net trade with Hungary in the exports of Machines ($1.32B), Chemical Products ($867M), and Transportation ($542M).

During 2017, Hungary had a large net trade with France in the exports of Machines ($2.39B), Transportation ($953M), and Chemical Products ($922M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Hungary+$96.1MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Hungary France+$242MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, France exported services to Hungary worth $533M, with Other business services ($291M), Transportation ($81.1M), and Travel ($61.7M) being the largest in terms of value.

In 2020, Hungary exported services to France worth $529M, with Other business services ($203M), Transportation ($162M), and Travel ($86.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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