Hungary (HUN) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

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Hungary-Ukraine In 2022, Hungary exported $2.08B to Ukraine. The main products that Hungary exported to Ukraine are Petroleum Gas ($396M), Insulated Wire ($154M), and Refined Petroleum ($123M). During the last 27 years the exports of Hungary to Ukraine have increased at an annualized rate of 7.4%, from $303M in 1995 to $2.08B in 2022.

In 2002, Hungary exported services to Ukraine worth $5.99M, with Other business services ($3.19M), Transportation ($1.38M), and Government services, n.i.e. ($375k) being the largest in terms of value.

Ukraine-Hungary In 2022, Ukraine exported $2.28B to Hungary. The main products that Ukraine exported to Hungary were Electric Heaters ($427M), Corn ($338M), and Sunflower Seeds ($182M). During the last 27 years the exports of Ukraine to Hungary have increased at an annualized rate of 7.59%, from $316M in 1995 to $2.28B in 2022.

In 2022, Ukraine did not export any services to Hungary.

Comparison In 2022, Hungary ranked 13 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($145B). That same year, Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $2.08B to Ukraine. The main products exported from Hungary to Ukraine were Petroleum Gas ($396M), Insulated Wire ($154M), and Refined Petroleum ($123M). During the last 27 years the exports of Hungary to Ukraine have increased at an annualized rate of 7.4%, from $303M in 1995 to $2.08B in 2022.

In 2022, Ukraine exported $2.28B to Hungary. The main products exported from Ukraine to Hungary were Electric Heaters ($427M), Corn ($338M), and Sunflower Seeds ($182M). During the last 27 years the exports of Ukraine to Hungary have increased at an annualized rate of 7.59%, from $316M in 1995 to $2.28B in 2022.

Exports from Hungary () to Ukraine () (2022)

Exports from Ukraine () to Hungary () (2022)

Latest Data

Trade between Hungary () and Ukraine ()

Hungary Exports

Date

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Ukraine
Top DestinationPoland$6.7B

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

In 2021, countries that imported more from Hungary than Ukraine were Germany ($35.5B), Italy ($8.02B), and Austria ($6.32B).

In 2021, countries that imported more from Ukraine than Hungary were Turkey ($3.02B), Egypt ($1.11B), and Moldova ($929M).

Difference in imports from Ukraine () and Hungary () (2022)

Comparative Advantage Hungary - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Ukraine in the exports of Machines ($693M), Mineral Products ($529M), and Chemical Products ($214M).

During 2022, Ukraine had a large net trade with Hungary in the exports of Machines ($886M), Vegetable Products ($680M), and Mineral Products ($202M).

Service Trade

Bilateral Service Trade

Hun Year

2002

2001

2000

In 2002, Hungary exported services to Ukraine worth $5.99M, with Other business services ($3.19M), Transportation ($1.38M), and Government services, n.i.e. ($375k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Hungary () to Ukraine () (2002)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Hungary has comparative advantage over Ukraine. Similarly, the more yellow a dot/product is, the more Ukraine has comparative advantage over Hungary.

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Ukraine () (2022)

Exports from Ukraine () to Hungary () (2022)

Latest Data

Trade between Hungary () and Ukraine ()

Hungary Exports

Ukraine Exports

Market Competitiveness

Difference in imports from Ukraine () and Hungary () (2022)

Comparative Advantage Hungary - Ukraine

Service Trade

Bilateral Service Trade

Services Exports from Hungary () to Ukraine () (2002)

Economic Complexity

Competitive Landscape

Product Space of Hungary () and Ukraine () (2022)

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