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2022
Flag → Flag
Exports $12.7kRnk 200 / 205
2022
Flag → Flag
Top Product $9.14kChemical Analysis Instruments
2022
Flag → Flag
Exports $1.22MRnk 70 / 0
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Hungary-Bhutan Trade: In 2022, Hungary exported $12.7k to Bhutan. The main products that Hungary exported to Bhutan were Chemical Analysis Instruments ($9.14k), Other Plastic Products ($2.3k), and Air Pumps ($1.3k). Over the past 5 years the exports of Hungary to Bhutan have decreased at an annualized rate of 14.4%, from $27.7k in 2017 to $12.7k in 2022.

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

Bhutan-Hungary In N/A, Bhutan did not export any products to Hungary.

In 2022, Bhutan 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, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $12.7k to Bhutan. The main products exported from Hungary to Bhutan were Chemical Analysis Instruments ($9.14k), Other Plastic Products ($2.3k), and Air Pumps ($1.3k). During the last 5 years the exports of Hungary to Bhutan have decreased at an annualized rate of 14.4%, from $27.7k in 2017 to $12.7k in 2022.

Bhutan does not register exports to Hungary.

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

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

Latest Data

Trade between Hungary (Flag) and Bhutan (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Bhutan
Top DestinationIndia$343M

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

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

In 2022, countries that imported more from Bhutan than Hungary included Nepal ($7.44M).

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

Comparative Advantage Hungary - Bhutan

Flow
Scale

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

During 2022, Hungary had a large net trade with Bhutan in the exports of Instruments ($9.14k), Plastics and Rubbers ($2.3k), and Machines ($1.3k).

Economic Complexity

Competitive Landscape

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

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

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