Hungary / Iran

Hungary-Iran Trade: In 2023, Hungary exported $36.5M to Iran. The main products that Hungary exported to Iran were Wadding ($15.6M), Trailers and semi-trailers, not mechanically propelled vehicles ($3.72M), and Pesticides ($3.46M). Over the past 5 years the exports of Hungary to Iran have decreased at an annualized rate of 2.94%, from $42.4M in 2018 to $36.5M in 2023.

In 2002, Hungary exported services to Iran worth $331k, with Government services, n.i.e. ($86k), Personal, cultural, and recreational services ($81.8k), and Transportation ($65k) being the largest in terms of value.

Iran-Hungary Trade: In 2023, Iran exported $6.09M to Hungary. The main products that Iran exported to Hungary were Styrene Polymers ($2.39M), Grapes ($1.08M), and Office Machine Parts ($1.06M). Over the past 5 years the exports of Iran to Hungary have decreased at an annualized rate of 25.4%,  from $152M in 2018 to $6.09M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).