Jordan (JOR) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Jordan-Hungary Trade: In 2023, Jordan exported $5.72M to Hungary. The main products that Jordan exported to Hungary were Broadcasting Equipment ($2.86M), Iron Housewares ($366k), and Other Vegetables ($233k). Over the past 5 years the exports of Jordan to Hungary have increased at an annualized rate of 32.1%, from $1.42M in 2018 to $5.72M in 2023.

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

Hungary-Jordan Trade: In 2023, Hungary exported $59M to Jordan. The main products that Hungary exported to Jordan were Cheese ($10.5M), Barley ($9.13M), and Vaccines, blood, antisera, toxins and cultures ($7.41M). Over the past 5 years the exports of Hungary to Jordan have increased at an annualized rate of 2.2%, from $43.5M in 2018 to $59M in 2023.

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

Comparison: In 2023, Jordan ranked 64 in the Economic Complexity Index (ECI -0.015), and 88 in total exports ($14.7B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jordan exported $5.72M to Hungary. The main products exported from Jordan to Hungary were Broadcasting Equipment ($2.86M), Iron Housewares ($366k), and Other Vegetables ($233k). During the last 5 years the exports of Jordan to Hungary have increased at an annualized rate of 32.1%, from $1.42M in 2018 to $5.72M in 2023.

In 2018, Hungary exported $59M to Jordan. The main products exported from Hungary to Jordan were Cheese ($10.5M), Barley ($9.13M), and Vaccines, blood, antisera, toxins and cultures ($7.41M). During the last 5 years the exports of Hungary to Jordan have increased at an annualized rate of 2.2%, from $43.5M in 2023 to $59M in 2018.

Exports from Jordan () to Hungary () (2023)

Exports from Hungary () to Jordan () (2023)

Latest Data

Trade between Jordan () and Hungary ()

Jordan Exports

Date

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jordan
Top DestinationUnited States$3.14B

Hungary
Top DestinationGermany$37.4B

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

In 2023, countries that imported more from Jordan than Hungary included India ($1.92B), Saudi Arabia ($1.67B), and Iraq ($946M).

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

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

Comparative Advantage Jordan - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Jordan had a large net trade with Hungary in the exports of Machines ($3.39M), Metals ($528k), and Vegetable Products ($472k).

During 2018, Hungary had a large net trade with Jordan in the exports of Chemical Products ($11M), Animal Products ($10.9M), and Vegetable Products ($10.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jordan Hungary+$1.01MTelephones

Top Product Potential Hungary Jordan+$5.19MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Jordan () to Hungary () (2023)

Exports from Hungary () to Jordan () (2023)

Latest Data

Trade between Jordan () and Hungary ()

Jordan Exports

Hungary Exports

Market Competitiveness

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

Comparative Advantage Jordan - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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