Hungary (HUN) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Hungary-Palestine Trade: In 2023, Hungary exported $2.37M to Palestine. The main products that Hungary exported to Palestine were Eggs ($1.22M), Cars ($418k), and Video Recording Equipment ($340k). Over the past 5 years the exports of Hungary to Palestine have decreased at an annualized rate of 27.2%, from $11.6M in 2018 to $2.37M in 2023.

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

Palestine-Hungary In N/A, Palestine did not export any products to Hungary.

In 2023, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hungary exported $2.37M to Palestine. The main products exported from Hungary to Palestine were Eggs ($1.22M), Cars ($418k), and Video Recording Equipment ($340k). During the last 5 years the exports of Hungary to Palestine have decreased at an annualized rate of 27.2%, from $11.6M in 2018 to $2.37M in 2023.

Palestine does not register exports to Hungary. The main products exported from Palestine to Hungary were Tropical Fruits ($45.7k).

Exports from Hungary () to Palestine () (2023)

Exports from Palestine () to Hungary () (2023)

Latest Data

Trade between Hungary () and Palestine ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$37.4B

Palestine
Top DestinationJordan$96.6M

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

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

In 2023, countries that imported more from Palestine than Hungary included Jordan ($96.6M).

Difference in imports from Palestine () and Hungary () (2023)

Comparative Advantage Hungary - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hungary had a large net trade with Palestine in the exports of Animal Products ($1.22M), Machines ($531k), and Transportation ($418k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Palestine () (2023)

Exports from Palestine () to Hungary () (2023)

Latest Data

Trade between Hungary () and Palestine ()

Hungary Exports

Market Competitiveness

Difference in imports from Palestine () and Hungary () (2023)

Comparative Advantage Hungary - Palestine

Economic Complexity

Competitive Landscape

Product Space of Hungary () and Palestine () (2023)

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