2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC 
$67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC
$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195

About

Macau-Hungary Trade: In 2023, Macau exported $10.1M to Hungary. The main products that Macau exported to Hungary were Printed Circuit Boards ($9.54M), Leather Footwear ($190k), and Broadcasting Equipment ($143k). Over the past 5 years the exports of Macau to Hungary have increased at an annualized rate of 1.98%, from $9.12M in 2018 to $10.1M in 2023.

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

Hungary-Macau Trade: In 2023, Hungary exported $7.9M to Macau. The main products that Hungary exported to Macau were Cars ($2.66M), Other Office Machines ($2.12M), and Poultry Meat ($503k). Over the past 5 years the exports of Hungary to Macau have increased at an annualized rate of 2.83%,  from $6.87M in 2018 to $7.9M in 2023.

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

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, Macau exported $10.1M to Hungary. The main products exported from Macau to Hungary were Printed Circuit Boards ($9.54M), Leather Footwear ($190k), and Broadcasting Equipment ($143k). During the last 5 years the exports of Macau to Hungary have increased at an annualized rate of 1.98%, from $9.12M in 2018 to $10.1M in 2023.

In 2018, Hungary exported $7.9M to Macau. The main products exported from Hungary to Macau were Cars ($2.66M), Other Office Machines ($2.12M), and Poultry Meat ($503k). During the last 5 years the exports of Hungary to Macau have increased at an annualized rate of 2.83%, from $6.87M in 2023 to $7.9M in 2018.

Exports from Macau (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Macau (Flag) (2023)

Latest Data

Trade between Macau (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Hungary
Top Destination
Germany$37.4B

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

In 2023, countries that imported more from Macau than Hungary included Hong Kong ($1.4B) and Philippines ($61M).

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

Difference in imports from Hungary (Flag) and Macau (Flag) (2023)

Comparative Advantage Macau - Hungary

Flow
Scale

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

During 2023, Macau had a large net trade with Hungary in the exports of Machines ($9.82M), Footwear and Headwear ($195k), and Miscellaneous ($23.9k).

During 2018, Hungary had a large net trade with Macau in the exports of Machines ($2.75M), Transportation ($2.7M), and Miscellaneous ($516k).

Economic Complexity

Competitive Landscape

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

Product Space of Macau (Flag) and Hungary (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with