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2022
Flag → Flag
Exports $2.05MRnk 139 / 205
2022
Flag → Flag
Top Product $878kTherapeutic Appliances
2022
Flag → Flag
Exports $175kRnk 75 / 123
2022
Flag → Flag
Top Product $168kRolled Tobacco
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
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GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Hungary-Cuba Trade: In 2022, Hungary exported $2.05M to Cuba. The main products that Hungary exported to Cuba were Therapeutic Appliances ($878k), Cars ($455k), and Other Cloth Articles ($194k). Over the past 5 years the exports of Hungary to Cuba have decreased at an annualized rate of 7.84%, from $3.08M in 2017 to $2.05M in 2022.

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

Cuba-Hungary Trade: In 2022, Cuba exported $175k to Hungary. The main products that Cuba exported to Hungary were Rolled Tobacco ($168k) and Hard Liquor ($6.23k). Over the past 5 years the exports of Cuba to Hungary have decreased at an annualized rate of 1.65%,  from $190k in 2017 to $175k in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $2.05M to Cuba. The main products exported from Hungary to Cuba were Therapeutic Appliances ($878k), Cars ($455k), and Other Cloth Articles ($194k). During the last 5 years the exports of Hungary to Cuba have decreased at an annualized rate of 7.84%, from $3.08M in 2017 to $2.05M in 2022.

In 2017, Cuba exported $175k to Hungary. The main products exported from Cuba to Hungary were Rolled Tobacco ($168k) and Hard Liquor ($6.23k). During the last 5 years the exports of Cuba to Hungary have decreased at an annualized rate of 1.65%, from $190k in 2022 to $175k in 2017.

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

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

Latest Data

Trade between Hungary (Flag) and Cuba (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Cuba
Top DestinationChina$426M

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

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

In 2022, countries that imported more from Cuba than Hungary included Macau ($28.9M) and Andorra ($4.23M).

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

Comparative Advantage Hungary - Cuba

Flow
Scale

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

During 2022, Hungary had a large net trade with Cuba in the exports of Instruments ($1.01M), Transportation ($455k), and Chemical Products ($221k).

During 2017, Cuba had a large net trade with Hungary in the exports of Foodstuffs ($175k).

Economic Complexity

Competitive Landscape

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

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

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