2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Saint Martin-Hungary Trade: In 2022, Saint Martin exported $2.55k to Hungary. The main products that Saint Martin exported to Hungary were Audio Alarms ($1.66k), Beauty Products ($427), and Shaving Products ($219). Over the past 6 years the exports of Saint Martin to Hungary have decreased at an annualized rate of 50%, from $163k in 2016 to $2.55k in 2022.

In 2022, Saint Martin did not export any services to Hungary.

Hungary-Saint Martin Trade: In 2022, Hungary exported $1.01M to Saint Martin. The main products that Hungary exported to Saint Martin were Cars ($962k), Motor vehicles; parts and accessories (8701 to 8705) ($13.2k), and Other Edible Preparations ($12k). Over the past 6 years the exports of Hungary to Saint Martin have increased at an annualized rate of 11.6%,  from $587k in 2016 to $1.01M in 2022.

In 2022, Hungary did not export any services to Saint Martin.

Comparison In 2022,  Saint Martin ranked 209 in total exports ($27.7M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saint Martin exported $2.55k to Hungary. The main products exported from Saint Martin to Hungary were Audio Alarms ($1.66k), Beauty Products ($427), and Shaving Products ($219). During the last 6 years the exports of Saint Martin to Hungary have decreased at an annualized rate of 50%, from $163k in 2016 to $2.55k in 2022.

In 2017, Hungary exported $1.01M to Saint Martin. The main products exported from Hungary to Saint Martin were Cars ($962k), Motor vehicles; parts and accessories (8701 to 8705) ($13.2k), and Other Edible Preparations ($12k). During the last 5 years the exports of Hungary to Saint Martin have increased at an annualized rate of 11.6%, from $587k in 2022 to $1.01M in 2017.

Exports from Saint Martin (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Saint Martin (Flag) (2022)

Latest Data

Trade between Saint Martin (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Saint Martin
Top Destination
France$11.2M
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Saint Martin than Hungary included Antigua and Barbuda ($4.86M).

In 2022, countries that imported more from Hungary than Saint Martin included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary (Flag) and Saint Martin (Flag) (2022)

Comparative Advantage Saint Martin - Hungary

Flow
Scale

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

During 2022, Saint Martin had a large net trade with Hungary in the exports of Machines ($1.66k), Chemical Products ($741), and Vegetable Products ($97).

During 2017, Hungary had a large net trade with Saint Martin in the exports of Transportation ($975k), Foodstuffs ($20.7k), and Machines ($8.39k).

Economic Complexity

Competitive Landscape

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

Product Space of Saint Martin (Flag) and Hungary (Flag) (2022)

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