2023
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GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
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GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
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GDP PC 
$22,142CURRENT US$
Rnk 58 / 195
2013-2023
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GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195

About

Hungary-Gibraltar Trade: In 2023, Hungary exported $956k to Gibraltar. The main products that Hungary exported to Gibraltar were Cars ($491k), Other Prepared Meat ($329k), and Broadcasting Equipment ($64.8k). Over the past 5 years the exports of Hungary to Gibraltar have increased at an annualized rate of 12%, from $542k in 2018 to $956k in 2023.

In 2023, Hungary did not export any services to Gibraltar.

Gibraltar-Hungary Trade: In 2023, Gibraltar exported $60.1k to Hungary. The main products that Gibraltar exported to Hungary were Broadcasting Equipment ($39.3k), Computers ($9.44k), and Dental Products ($8.95k). Over the past 5 years the exports of Gibraltar to Hungary have increased at an annualized rate of 42.7%,  from $10.1k in 2018 to $60.1k in 2023.

In 2023, Gibraltar did not export any services to Hungary.

Comparison In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41),  and 35 in total exports ($150B). That same year, Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $956k to Gibraltar. The main products exported from Hungary to Gibraltar were Cars ($491k), Other Prepared Meat ($329k), and Broadcasting Equipment ($64.8k). During the last 5 years the exports of Hungary to Gibraltar have increased at an annualized rate of 12%, from $542k in 2018 to $956k in 2023.

In 2018, Gibraltar exported $60.1k to Hungary. The main products exported from Gibraltar to Hungary were Broadcasting Equipment ($39.3k), Computers ($9.44k), and Dental Products ($8.95k). During the last 5 years the exports of Gibraltar to Hungary have increased at an annualized rate of 42.7%, from $10.1k in 2023 to $60.1k in 2018.

Exports from Hungary (Flag) to Gibraltar (Flag) (2023)

Exports from Gibraltar (Flag) to Hungary (Flag) (2023)

Latest Data

Trade between Hungary (Flag) and Gibraltar (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$37.4B
Gibraltar
Top Destination
Netherlands$113M

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

In 2023, countries that imported more from Hungary than Gibraltar included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

In 2023, no countries were registered that imported more from Gibraltar than from Hungary.

Difference in imports from Gibraltar (Flag) and Hungary (Flag) (2023)

Comparative Advantage Hungary - Gibraltar

Flow
Scale

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

During 2023, Hungary had a large net trade with Gibraltar in the exports of Transportation ($495k), Foodstuffs ($352k), and Machines ($99.1k).

During 2018, Gibraltar had a large net trade with Hungary in the exports of Machines ($50.8k), Chemical Products ($8.95k), and Textiles ($298).

Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and Gibraltar (Flag) (2023)

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