Italy-Hungary In 2021, Italy exported $6.3B to Hungary. The main products that Italy exported to Hungary are Motor vehicles; parts and accessories (8701 to 8705) ($289M), Cars ($231M), and Packaged Medicaments ($161M). During the last 26 years the exports of Italy to Hungary have increased at an annualized rate of 5.88%, from $1.42B in 1995 to $6.3B in 2021.
In 2020, Italy exported services to Hungary worth $330M, with Transportation ($106M), Travel ($79.6M), and Computer and information services ($49.1M) being the largest in terms of value.
Hungary-Italy In 2021, Hungary exported $7.7B to Italy. The main products that Hungary exported to Italy were Cars ($687M), Electric Batteries ($477M), and Corn ($343M). During the last 26 years the exports of Hungary to Italy have increased at an annualized rate of 7.11%, from $1.29B in 1995 to $7.7B in 2021.
In 2020, Hungary exported services to Italy worth $470M, with Transportation ($152M), Other business services ($108M), and Travel ($98.2M) being the largest in terms of value.
Comparison In 2021, Italy ranked 19 in the Economic Complexity Index (ECI 1.27), and 7 in total exports ($597B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($137B).