Hungary-Serbia In 2020, Hungary exported $1.91B to Serbia. The main products that Hungary exported to Serbia are Electricity ($212M), Refined Petroleum ($159M), and Packaged Medicaments ($129M). During the last 14 years the exports of Hungary to Serbia have increased at an annualized rate of 7.31%, from $709M in 2006 to $1.91B in 2020.
In 2020, Hungary did not export any services to Serbia.
Serbia-Hungary In 2020, Serbia exported $947M to Hungary. The main products that Serbia exported to Hungary were Insulated Wire ($194M), Integrated Circuits ($96.8M), and Plastic Pipes ($43.5M). During the last 14 years the exports of Serbia to Hungary have increased at an annualized rate of 11%, from $221M in 2006 to $947M in 2020.
In 2019, Serbia exported services to Hungary worth $143M, with Transportation ($62.7M), Other business services ($45.9M), and Travel ($19M) being the largest in terms of value.
Comparison In 2020, Hungary ranked 14 in the Economic Complexity Index (ECI 1.4), and 34 in total exports ($118B). That same year, Serbia ranked 37 in the Economic Complexity Index (ECI 0.68), and 68 in total exports ($20.6B).