Hungary / New Zealand

Hungary-New Zealand Trade: In 2022, Hungary exported $113M to New Zealand. The main products that Hungary exported to New Zealand were Cars ($54.9M), Motor vehicles; parts and accessories (8701 to 8705) ($4.25M), and Trailers and semi-trailers, not mechanically propelled vehicles ($2.52M). Over the past 5 years the exports of Hungary to New Zealand have increased at an annualized rate of 5.62%, from $86.1M in 2017 to $113M in 2022.

In 2020, Hungary exported services to New Zealand worth $2.97M, with Computer and information services ($2.06M), Transportation ($685k), and Royalties and license fees ($114k) being the largest in terms of value.

New Zealand-Hungary Trade: In 2022, New Zealand exported $9.06M to Hungary. The main products that New Zealand exported to Hungary were Other Agricultural Machinery ($1.98M), Broadcasting Equipment ($1.37M), and Metalworking Transfer Machines ($1.23M). Over the past 5 years the exports of New Zealand to Hungary have increased at an annualized rate of 10.8%,  from $5.42M in 2017 to $9.06M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).