2022
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GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC 
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Hungary-Aruba Trade: In 2022, Hungary exported $237k to Aruba. The main products that Hungary exported to Aruba were Cars ($101k), Knit Active Wear ($57.9k), and Processed Tobacco ($26.1k). Over the past 5 years the exports of Hungary to Aruba have decreased at an annualized rate of 14.3%, from $512k in 2017 to $237k in 2022.

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

Aruba-Hungary Trade: In 2022, Aruba exported $18.7k to Hungary. The main products that Aruba exported to Hungary were Broadcasting Equipment ($17.4k), Electric Musical Instruments ($548), and Air Pumps ($273). Over the past 5 years the exports of Aruba to Hungary have increased at an annualized rate of 105%,  from $512 in 2017 to $18.7k in 2022.

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

Comparison In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38),  and 35 in total exports ($145B). That same year, Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $237k to Aruba. The main products exported from Hungary to Aruba were Cars ($101k), Knit Active Wear ($57.9k), and Processed Tobacco ($26.1k). During the last 5 years the exports of Hungary to Aruba have decreased at an annualized rate of 14.3%, from $512k in 2017 to $237k in 2022.

In 2017, Aruba exported $18.7k to Hungary. The main products exported from Aruba to Hungary were Broadcasting Equipment ($17.4k), Electric Musical Instruments ($548), and Air Pumps ($273). During the last 5 years the exports of Aruba to Hungary have increased at an annualized rate of 105%, from $512 in 2022 to $18.7k in 2017.

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

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

Latest Data

Trade between Hungary (Flag) and Aruba (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Aruba
Top Destination
Colombia$49M

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

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

In 2022, countries that imported more from Aruba than Hungary included Guyana ($10.4M), Curaçao ($5.8M), and Suriname ($2.92M).

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

Comparative Advantage Hungary - Aruba

Flow
Scale

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

During 2022, Hungary had a large net trade with Aruba in the exports of Transportation ($106k), Textiles ($66.7k), and Foodstuffs ($34.1k).

During 2017, Aruba had a large net trade with Hungary in the exports of Machines ($17.9k), Instruments ($548), and Wood Products ($199).

Economic Complexity

Competitive Landscape

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

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

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