Hungary (HUN) and Croatia (HRV) Trade | The Observatory of Economic Complexity

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Hungary-Croatia In 2022, Hungary exported $3.19B to Croatia. The main products that Hungary exported to Croatia are Electricity ($1.07B), Packaged Medicaments ($132M), and Cars ($123M). During the last 27 years the exports of Hungary to Croatia have increased at an annualized rate of 11.2%, from $182M in 1995 to $3.19B in 2022.

In 2020, Hungary exported services to Croatia worth $118M, with Transportation ($52.2M), Other business services ($27M), and Computer and information services ($12.2M) being the largest in terms of value.

Croatia-Hungary In 2022, Croatia exported $2.65B to Hungary. The main products that Croatia exported to Hungary were Petroleum Gas ($1.1B), Electricity ($405M), and Crude Petroleum ($381M). During the last 27 years the exports of Croatia to Hungary have increased at an annualized rate of 14.2%, from $74.2M in 1995 to $2.65B in 2022.

In 2020, Croatia exported services to Hungary worth $242M, with Travel ($138M), Other business services ($42.4M), and Transportation ($35.3M) being the largest in terms of value.

Comparison In 2022, Hungary ranked 13 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($145B). That same year, Croatia ranked 32 in the Economic Complexity Index (ECI 0.81), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $3.19B to Croatia. The main products exported from Hungary to Croatia were Electricity ($1.07B), Packaged Medicaments ($132M), and Cars ($123M). During the last 27 years the exports of Hungary to Croatia have increased at an annualized rate of 11.2%, from $182M in 1995 to $3.19B in 2022.

In 2022, Croatia exported $2.65B to Hungary. The main products exported from Croatia to Hungary were Petroleum Gas ($1.1B), Electricity ($405M), and Crude Petroleum ($381M). During the last 27 years the exports of Croatia to Hungary have increased at an annualized rate of 14.2%, from $74.2M in 1995 to $2.65B in 2022.

Exports from Hungary () to Croatia () (2022)

Exports from Croatia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Croatia ()

Hungary Exports

Date

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Croatia
Top DestinationItaly$3.44B

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

In 2021, countries that imported more from Hungary than Croatia were Germany ($35.5B), Romania ($7.94B), and Slovakia ($6.78B).

In 2021, countries that imported more from Croatia than Hungary were Bosnia and Herzegovina ($2.45B), Slovenia ($2.87B), and Montenegro ($330M).

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

Comparative Advantage Hungary - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Croatia in the exports of Mineral Products ($1.28B), Chemical Products ($408M), and Machines ($295M).

During 2022, Croatia had a large net trade with Hungary in the exports of Mineral Products ($1.94B), Chemical Products ($125M), and Vegetable Products ($70.2M).

Service Trade

Bilateral Service Trade

Hrv Year

Hun Year

In 2020, Hungary exported services to Croatia worth $118M, with Transportation ($52.2M), Other business services ($27M), and Computer and information services ($12.2M) being the largest in terms of value.

In 2020, Croatia exported services to Hungary worth $242M, with Travel ($138M), Other business services ($42.4M), and Transportation ($35.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Croatia () to Hungary () (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 Croatia. Similarly, the more yellow a dot/product is, the more Croatia has comparative advantage over Hungary.

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Croatia () (2022)

Exports from Croatia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Croatia ()

Hungary Exports

Croatia Exports

Market Competitiveness

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

Comparative Advantage Hungary - Croatia

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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