Hungary / Albania

Hungary-Albania Trade: In 2023, Hungary exported $81.9M to Albania. The main products that Hungary exported to Albania were Bovine ($6.43M), Cars ($6.2M), and Pigs ($4.62M). Over the past 5 years the exports of Hungary to Albania have increased at an annualized rate of 13.9%, from $42.7M in 2018 to $81.9M in 2023.

In 2002, Hungary exported services to Albania worth $29.4k, with Government services, n.i.e. ($16.8k) and Other business services ($12.6k) being the largest in terms of value.

Albania-Hungary Trade: In 2023, Albania exported $21.6M to Hungary. The main products that Albania exported to Hungary were Leather Footwear ($5.21M), Knit Women's Undergarments ($2.59M), and Knit Men's Undergarments ($2.48M). Over the past 5 years the exports of Albania to Hungary have decreased at an annualized rate of 3.51%,  from $25.8M in 2018 to $21.6M in 2023.

In 2017, Albania exported services to Hungary worth $9.6M, with Other business services ($4.97M), Travel ($3.61M), and Computer and information services ($565k) being the largest in terms of value.

Comparison: In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B).