Hungary (HUN) and China (CHN) Trade | The Observatory of Economic Complexity

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Hungary-China In 2022, Hungary exported $2.89B to China. The main products that Hungary exported to China are Navigation Equipment ($535M), Cars ($358M), and Computers ($129M). During the last 27 years the exports of Hungary to China have increased at an annualized rate of 17.3%, from $38.7M in 1995 to $2.89B in 2022.

In 2020, Hungary exported services to China worth $184M, with Other business services ($67.4M), Travel ($53.6M), and Transportation ($41.5M) being the largest in terms of value.

China-Hungary In 2022, China exported $10.5B to Hungary. The main products that China exported to Hungary were Telephones ($1.09B), Electric Batteries ($562M), and Broadcasting Equipment ($510M). During the last 27 years the exports of China to Hungary have increased at an annualized rate of 14.7%, from $258M in 1995 to $10.5B in 2022.

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

Comparison In 2022, Hungary ranked 13 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($145B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $2.89B to China. The main products exported from Hungary to China were Navigation Equipment ($535M), Cars ($358M), and Computers ($129M). During the last 27 years the exports of Hungary to China have increased at an annualized rate of 17.3%, from $38.7M in 1995 to $2.89B in 2022.

In 2022, China exported $10.5B to Hungary. The main products exported from China to Hungary were Telephones ($1.09B), Electric Batteries ($562M), and Broadcasting Equipment ($510M). During the last 27 years the exports of China to Hungary have increased at an annualized rate of 14.7%, from $258M in 1995 to $10.5B in 2022.

Exports from Hungary () to China () (2022)

Exports from China () to Hungary () (2022)

Latest Data

Trade between Hungary () and China ()

Hungary Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

China
Top DestinationUnited States$551B

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

In 2021, countries that imported more from Hungary than China were Croatia ($3.19B), Slovakia ($6.78B), and Romania ($7.94B).

In 2021, countries that imported more from China than Hungary were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Hungary - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with China in the exports of Machines ($1.56B), Transportation ($445M), and Instruments ($186M).

During 2022, China had a large net trade with Hungary in the exports of Machines ($6.81B), Chemical Products ($778M), and Metals ($476M).

Service Trade

Bilateral Service Trade

Hun Year

In 2020, Hungary exported services to China worth $184M, with Other business services ($67.4M), Travel ($53.6M), and Transportation ($41.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Hungary () to China () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Hungary has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Hungary.

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to China () (2022)

Exports from China () to Hungary () (2022)

Latest Data

Trade between Hungary () and China ()

Hungary Exports

China Exports

Market Competitiveness

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

Comparative Advantage Hungary - China

Service Trade

Bilateral Service Trade

Services Exports from Hungary () to China () (2020)

Economic Complexity

Competitive Landscape

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

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