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).