Haiti (HTI) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Haiti-Hungary Trade: In 2022, Haiti exported $2.98k to Hungary. The main products that Haiti exported to Hungary were Electrical Transformers ($2.98k). Over the past 14 years the exports of Haiti to Hungary have increased at an annualized rate of 8.1%, from $1k in 2008 to $2.98k in 2022.

In 2022, Haiti did not export any services to Hungary.

Hungary-Haiti Trade: In 2022, Hungary exported $1.01M to Haiti. The main products that Hungary exported to Haiti were Cars ($619k), Valves ($128k), and Electric Generating Sets ($50.5k). Over the past 14 years the exports of Hungary to Haiti have decreased at an annualized rate of 6.72%, from $1.77M in 2008 to $1.01M in 2022.

In 2022, Hungary did not export any services to Haiti.

Comparison In 2022, Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Haiti exported $2.98k to Hungary. The main products exported from Haiti to Hungary were Electrical Transformers ($2.98k). During the last 14 years the exports of Haiti to Hungary have increased at an annualized rate of 8.1%, from $1k in 2008 to $2.98k in 2022.

In 2017, Hungary exported $1.01M to Haiti. The main products exported from Hungary to Haiti were Cars ($619k), Valves ($128k), and Electric Generating Sets ($50.5k). During the last 5 years the exports of Hungary to Haiti have decreased at an annualized rate of 6.72%, from $1.77M in 2022 to $1.01M in 2017.

Exports from Haiti () to Hungary () (2022)

Exports from Hungary () to Haiti () (2022)

Latest Data

Trade between Haiti () and Hungary ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Haiti
Top DestinationUnited States$1.08B

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Haiti than Hungary included Bahamas ($264k).

In 2022, countries that imported more from Hungary than Haiti included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary () and Haiti () (2022)

Comparative Advantage Haiti - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Haiti had a large net trade with Hungary in the exports of Machines ($2.98k).

During 2017, Hungary had a large net trade with Haiti in the exports of Transportation ($631k), Machines ($238k), and Metals ($101k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Haiti Hungary+$18.6kElectrical Transformers

Top Product Potential Hungary Haiti+$1.02MCars

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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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Haiti () to Hungary () (2022)

Exports from Hungary () to Haiti () (2022)

Latest Data

Trade between Haiti () and Hungary ()

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Haiti () (2022)

Comparative Advantage Haiti - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Haiti () and Hungary () (2022)

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