Flag Hungary / Czechia Flag

2019
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Exports
: $4.88B, Rnk 7 / 205

2019
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Top Product
: $331M, Vehicle Parts

2019
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Exports
: $6.3B, Rnk 9 / 204

2019
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Top Product
: $776M, Vehicle Parts

2019
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Economic Complexity (ECI)
: ECI 1.46, Rnk 14 / 146

2019
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Economic Complexity (ECI)
: ECI 1.67, Rnk 7 / 146

2019
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GDP
: $163B, CURRENT US$
Rnk 55 / 187

2009-2019
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GDP GROWTH
: 25%, CURRENT US$
Rnk 140 / 187

2019
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 GDP
: $251B, CURRENT US$
Rnk 45 / 187

2009-2019
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GDP GROWTH
: 20.8%, CURRENT US$
Rnk 148 / 187

2019
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GDP PC 
: $16,732, CURRENT US$
Rnk 54 / 187

2009-2019
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GDP PC GROWTH
: 28.2%, CURRENT US$
Rnk 96 / 187

2019
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GDP PC
: $23,495, CURRENT US$
Rnk 41 / 187

2009-2019
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GDP PC GROWTH
: 18.3%, CURRENT US$
Rnk 119 / 187

Hungary-Czechia In 2019, Hungary exported $4.88B to Czechia. The main products that Hungary exported to Czechia are Vehicle Parts ($331M), Spark-Ignition Engines ($314M), and Cars ($267M). During the last 24 years the exports of Hungary to Czechia have increased at an annualized rate of 13.5%, from $232M in 1995 to $4.88B in 2019.

In 2018, Hungary exported services to Czechia worth $567M, with Travel ($292M), Other business services ($112M), and Transportation ($111M) being the largest in terms of value.

Czechia-Hungary In 2019, Czechia exported $6.3B to Hungary . The main products that Czechia exported to Hungary were Vehicle Parts ($776M), Cars ($549M), and Broadcasting Equipment ($535M). During the last 24 years the exports of Czechia to Hungary have increased at an annualized rate of 12.2%, from $395M in 1995 to $6.3B in 2019.

In 2018, Czechia exported services to Hungary worth $462M, with Transportation ($215M), Other business services ($111M), and Travel ($80.8M) being the largest in terms of value.

Comparison In 2019,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.46), and 33 in total exports ($121B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.67), and 27 in total exports ($198B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Hungary exported $4.88B to Czechia. The main products exported from Hungary to Czechia were Vehicle Parts ($331M), Spark-Ignition Engines ($314M), and Cars ($267M). During the last 24 years the exports of Hungary to Czechia have increased at an annualized rate of 13.5%, from $232M in 1995 to $4.88B in 2019.

In 2019, Czechia exported $6.3B to Hungary. The main products exported from Czechia to Hungary were Vehicle Parts ($776M), Cars ($549M), and Broadcasting Equipment ($535M). During the last 24 years the exports of Czechia to Hungary have increased at an annualized rate of 12.2%, from $395M in 1995 to $6.3B in 2019.

Hungary Exports

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Czechia Exports

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Market Competitiveness

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Measure

Hungary
Top Destination
: Germany, $32.6B

Czechia
Top Destination
: Germany, $61.9B

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

In 2019, countries that imported more from Hungary than Czechia were Romania ($6.21B), Croatia ($2.17B), and Serbia ($1.79B).

In 2019, countries that imported more from Czechia than Hungary were Germany ($61.9B), Slovakia ($14.7B), and Poland ($11.7B).

Comparative Advantage Hungary - Czechia

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Depth

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

During 2019, Hungary had a large net trade with Czechia in the exports of Machines ($1.93B), Transportation ($692M), and Chemical Products ($461M).

During 2019, Czechia had a large net trade with Hungary in the exports of Machines ($2.22B), Transportation ($1.43B), and Metals ($504M).

Bilateral Service Trade

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In 2018, Hungary exported services to Czechia worth $567M, with Travel ($292M), Other business services ($112M), and Transportation ($111M) being the largest in terms of value.

In 2018, Czechia exported services to Hungary worth $462M, with Transportation ($215M), Other business services ($111M), and Travel ($80.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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