Hungary-Slovakia Trade: In 2022, Hungary exported $4.93B to Slovakia. The main products that Hungary exported to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($887M), Spark-Ignition Engines ($545M), and Video Displays ($457M). Over the past 5 years the exports of Hungary to Slovakia have increased at an annualized rate of 85.8%, from $223M in 2017 to $4.93B in 2022.
In 2020, Hungary exported services to Slovakia worth $542M, with Transportation ($216M), Travel ($195M), and Other business services ($71.8M) being the largest in terms of value.
Slovakia-Hungary Trade: In 2022, Slovakia exported $5.46B to Hungary. The main products that Slovakia exported to Hungary were Electricity ($2.6B), Refined Petroleum ($670M), and Broadcasting Equipment ($373M). Over the past 5 years the exports of Slovakia to Hungary have increased at an annualized rate of 66.7%, from $424M in 2017 to $5.46B in 2022.
In 2020, Slovakia exported services to Hungary worth $477M, with Transportation ($241M), Travel ($105M), and Other business services ($55.5M) being the largest in terms of value.
Comparison: In 2022, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).