2022
Flag  
GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC 
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Poland-Hungary Trade: In 2022, Poland exported $8.87B to Hungary. The main products that Poland exported to Hungary were Motor vehicles; parts and accessories (8701 to 8705) ($517M), Electric Batteries ($350M), and Copper Wire ($347M). Over the past 5 years the exports of Poland to Hungary have increased at an annualized rate of 8.79%, from $5.82B in 2017 to $8.87B in 2022.

In 2020, Poland exported services to Hungary worth $438M, with Other business services ($267M), Transportation ($82.2M), and Computer and information services ($34.4M) being the largest in terms of value.

Hungary-Poland Trade: In 2022, Hungary exported $6.14B to Poland. The main products that Hungary exported to Poland were Packaged Medicaments ($365M), Motor vehicles; parts and accessories (8701 to 8705) ($288M), and Cars ($219M). Over the past 5 years the exports of Hungary to Poland have increased at an annualized rate of 6.52%,  from $4.48B in 2017 to $6.14B in 2022.

In 2020, Hungary exported services to Poland worth $495M, with Transportation ($242M), Travel ($108M), and Other business services ($91.3M) being the largest in terms of value.

Comparison: In 2022,  Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). 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, Poland exported $8.87B to Hungary. The main products exported from Poland to Hungary were Motor vehicles; parts and accessories (8701 to 8705) ($517M), Electric Batteries ($350M), and Copper Wire ($347M). During the last 5 years the exports of Poland to Hungary have increased at an annualized rate of 8.79%, from $5.82B in 2017 to $8.87B in 2022.

In 2017, Hungary exported $6.14B to Poland. The main products exported from Hungary to Poland were Packaged Medicaments ($365M), Motor vehicles; parts and accessories (8701 to 8705) ($288M), and Cars ($219M). During the last 5 years the exports of Hungary to Poland have increased at an annualized rate of 6.52%, from $4.48B in 2022 to $6.14B in 2017.

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

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

Latest Data

Trade between Poland (Flag) and Hungary (Flag)

Poland Exports

Hungary Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$93.1B
Hungary
Top Destination
Germany$35.5B

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 2022, countries that imported more from Poland than Hungary included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

In 2022, countries that imported more from Hungary than Poland included Serbia ($3.42B), Croatia ($3.19B), and Romania ($7.94B).

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

Comparative Advantage Poland - Hungary

Flow
Scale

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

During 2022, Poland had a large net trade with Hungary in the exports of Machines ($2.27B), Metals ($1.36B), and Plastics and Rubbers ($766M).

During 2017, Hungary had a large net trade with Poland in the exports of Machines ($1.41B), Chemical Products ($1.02B), and Plastics and Rubbers ($840M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Poland Hungary+$97.6MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Hungary Poland+$164MCars

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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Bilateral Service Trade

In 2020, Poland exported services to Hungary worth $438M, with Other business services ($267M), Transportation ($82.2M), and Computer and information services ($34.4M) being the largest in terms of value.

In 2020, Hungary exported services to Poland worth $495M, with Transportation ($242M), Travel ($108M), and Other business services ($91.3M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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