Flag Poland / Hungary Flag

Exports Flag → Flag  (2018): $6.8B, Rnk 10 / 207

Top Product Flag → Flag (2018): $513M, Vehicle Parts

Exports Flag → Flag (2018): $4.96B, Rnk 8 / 194

Top Product Flag → Flag (2018): $268M, Packaged Medicaments

Economic Complexity of Flag (2018): ECI 1.12, Rnk 22 / 137

Economic Complexity of Flag (2018): ECI 1.44, Rnk 14 / 137

GDP Flag (2018): $586B, CURRENT US$
Rnk 21 / 196

GDP GROWTH Flag (2008-2018): 9.71%, CURRENT US$
Rnk 145 / 196

GDP Flag (2018): $158B, CURRENT US$
Rnk 55 / 196

GDP GROWTH Flag (2008-2018): -0.16%, CURRENT US$
Rnk 167 / 196

GDP PC Flag (2018): $15,421, CURRENT US$
Rnk 62 / 196

GDP PC GROWTH Flag (2008-2018): 10.1%, CURRENT US$
Rnk 122 / 196

GDP PC Flag (2018): $16,162, CURRENT US$
Rnk 58 / 196

GDP PC GROWTH Flag (2008-2018): 2.59%, CURRENT US$
Rnk 135 / 196

Poland-Hungary: In 2018, Poland exported $6.8B to Hungary. The main products exported from Poland to Hungary were Vehicle Parts ($513M), Cars ($300M), and Video Displays ($285M). During the last 23 years the exports of Poland to Hungary have increased at an annualized rate of 15%, from $271M in 1995 to $6.8B in 2018. In 2016, Poland exported services to Hungary worth $446M, with Other business services ($179M), Transportation ($156M), and Travel ($66.7M) being the largest in terms of value.

Hungary-Poland: In 2018, Hungary exported $4.96B to Poland. The main products exported from Hungary to Poland were Packaged Medicaments ($268M), Vehicle Parts ($217M), and Cars ($138M). During the last 23 years the exports of Hungary to Poland have increased at an annualized rate of 11.7%, from $386M in 1995 to $4.96B in 2018. In 2016, Hungary exported services to Poland worth $611M, with Transportation ($311M), Travel ($176M), and Other business services ($80.2M) being the largest in terms of value.

Comparison: In 2018, Poland ranked 22 in the Economic Complexity Index (ECI 1.12), and 23 in total exports ($259B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.44), and 35 in total exports ($122B). In terms of GDP Per Capita, Poland was ranked 62 with a GDP Per Capita of $15,421, and Hungary was ranked 58 with a GDP Per Capita of $16,162.

Bilateral Trade by Products

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Depth
Value

In 2018, Poland exported $6.8B to Hungary. The main products exported from Poland to Hungary were Vehicle Parts ($513M), Cars ($300M), and Video Displays ($285M). During the last 23 years the exports of Poland to Hungary have increased at an annualized rate of 15%, from $271M in 1995 to $6.8B in 2018.

In 2018, Hungary exported $4.96B to Poland. The main products exported from Hungary to Poland were Packaged Medicaments ($268M), Vehicle Parts ($217M), and Cars ($138M). During the last 23 years the exports of Hungary to Poland have increased at an annualized rate of 11.7%, from $386M in 1995 to $4.96B in 2018.

Market Competitiveness

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Measure

Poland
Top Destination
: Germany, $70.7B

Hungary
Top Destination
: Germany, $32.6B

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

In 2018, countries that imported more from Poland than Hungary were Germany ($70.7B), United Kingdom ($15.9B), and Czechia ($16.1B).

In 2018, countries that imported more from Hungary than Poland were Croatia ($2.15B), Romania ($6.18B), and Serbia ($1.62B).

Comparative Advantage Poland - Hungary

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Depth

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

During 2018, Poland had a large net trade with Hungary in the exports of Machines ($1.64B), Metals ($985M), and Transportation ($958M).

During 2018, Hungary had a large net trade with Poland in the exports of Machines ($1.38B), Chemical Products ($769M), and Plastics and Rubbers ($628M).

Trade Forecasts

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This section shows a forecast for total trade between Poland and Hungary. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2016, Poland exported services to Hungary worth $446M, with Other business services ($179M), Transportation ($156M), and Travel ($66.7M) being the largest in terms of value.

In 2016, Hungary exported services to Poland worth $611M, with Transportation ($311M), Travel ($176M), and Other business services ($80.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Poland has comparative advantage over Hungary. Similarly, the more red a dot/product is, the more Hungary has comparative advantage over Poland.