2022
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GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH
18.1%CURRENT US$
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2022
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 GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Netherlands-Hungary In 2022, Netherlands exported $5.92B to Hungary. The main products that Netherlands exported to Hungary are Office Machine Parts ($451M), Vaccines, blood, antisera, toxins and cultures ($332M), and Packaged Medicaments ($302M). During the last 27 years the exports of Netherlands to Hungary have increased at an annualized rate of 9.44%, from $518M in 1995 to $5.92B in 2022.

In 2020, Netherlands exported services to Hungary worth $995M, with Other business services ($461M), Transportation ($217M), and Royalties and license fees ($156M) being the largest in terms of value.

Hungary-Netherlands In 2022, Hungary exported $5.14B to Netherlands. The main products that Hungary exported to Netherlands were Computers ($740M), Office Machine Parts ($427M), and Cars ($365M). During the last 27 years the exports of Hungary to Netherlands have increased at an annualized rate of 9.77%, from $415M in 1995 to $5.14B in 2022.

In 2020, Hungary exported services to Netherlands worth $840M, with Other business services ($345M), Transportation ($276M), and Royalties and license fees ($72.4M) being the largest in terms of value.

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $5.92B to Hungary. The main products exported from Netherlands to Hungary were Office Machine Parts ($451M), Vaccines, blood, antisera, toxins and cultures ($332M), and Packaged Medicaments ($302M). During the last 27 years the exports of Netherlands to Hungary have increased at an annualized rate of 9.44%, from $518M in 1995 to $5.92B in 2022.

In 2022, Hungary exported $5.14B to Netherlands. The main products exported from Hungary to Netherlands were Computers ($740M), Office Machine Parts ($427M), and Cars ($365M). During the last 27 years the exports of Hungary to Netherlands have increased at an annualized rate of 9.77%, from $415M in 1995 to $5.14B in 2022.

Exports from Netherlands (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Hungary
Top Destination
Germany$35.5B

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

In 2021, countries that imported more from Netherlands than Hungary were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Hungary than Netherlands were Slovakia ($6.78B), Romania ($7.94B), and Serbia ($3.42B).

Difference in imports from Hungary (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Hungary

Flow
Scale

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

During 2022, Netherlands had a large net trade with Hungary in the exports of Machines ($2.21B), Chemical Products ($1.18B), and Metals ($544M).

During 2022, Hungary had a large net trade with Netherlands in the exports of Machines ($2.97B), Transportation ($596M), and Plastics and Rubbers ($312M).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to Hungary worth $995M, with Other business services ($461M), Transportation ($217M), and Royalties and license fees ($156M) being the largest in terms of value.

In 2020, Hungary exported services to Netherlands worth $840M, with Other business services ($345M), Transportation ($276M), and Royalties and license fees ($72.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Hungary (Flag) (2020)

Services Exports from Hungary (Flag) to Netherlands (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Netherlands has comparative advantage over Hungary. Similarly, the more yellow a dot/product is, the more Hungary has comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Hungary (Flag) (2022)

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