Hungary / Mexico

Hungary-Mexico Trade: In 2022, Hungary exported $1.26B to Mexico. The main products that Hungary exported to Mexico were Combustion Engines ($291M), Cars ($136M), and Spark-Ignition Engines ($134M). Over the past 5 years the exports of Hungary to Mexico have increased at an annualized rate of 4.18%, from $1.02B in 2017 to $1.26B in 2022.

In 2020, Hungary exported services to Mexico worth $25.8M, with Travel ($8.91M), Transportation ($6.05M), and Computer and information services ($4.11M) being the largest in terms of value.

Mexico-Hungary Trade: In 2022, Mexico exported $257M to Hungary. The main products that Mexico exported to Hungary were Office Machine Parts ($40.7M), Integrated Circuits ($33.1M), and Centrifuges ($26M). Over the past 5 years the exports of Mexico to Hungary have increased at an annualized rate of 2.38%,  from $228M in 2017 to $257M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).