Poland (POL) and Hungary (HUN) Trade | The Observatory of Economic Complexity

About

Poland-Hungary Trade: In 2023, Poland exported $8.14B to Hungary. The main products that Poland exported to Hungary were Motor vehicles; parts and accessories (8701 to 8705) ($521M), Engine Parts ($389M), and Electric Batteries ($335M). Over the past 5 years the exports of Poland to Hungary have increased at an annualized rate of 4.93%, from $6.4B in 2018 to $8.14B in 2023.

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 2023, Hungary exported $6.18B to Poland. The main products that Hungary exported to Poland were Motor vehicles; parts and accessories (8701 to 8705) ($386M), Cars ($359M), and Packaged Medicaments ($338M). Over the past 5 years the exports of Hungary to Poland have increased at an annualized rate of 3.67%, from $4.63B in 2018 to $6.18B in 2023.

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 2023, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Poland exported $8.14B to Hungary. The main products exported from Poland to Hungary were Motor vehicles; parts and accessories (8701 to 8705) ($521M), Engine Parts ($389M), and Electric Batteries ($335M). During the last 5 years the exports of Poland to Hungary have increased at an annualized rate of 4.93%, from $6.4B in 2018 to $8.14B in 2023.

In 2018, Hungary exported $6.18B to Poland. The main products exported from Hungary to Poland were Motor vehicles; parts and accessories (8701 to 8705) ($386M), Cars ($359M), and Packaged Medicaments ($338M). During the last 5 years the exports of Hungary to Poland have increased at an annualized rate of 3.67%, from $4.63B in 2023 to $6.18B in 2018.

Exports from Poland () to Hungary () (2023)

Exports from Hungary () to Poland () (2023)

Latest Data

Trade between Poland () and Hungary ()

Poland Exports

Date

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$84B

Hungary
Top DestinationGermany$37.4B

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 2023, countries that imported more from Poland than Hungary included Germany ($84B), France ($19.1B), and United Kingdom ($19.4B).

In 2023, countries that imported more from Hungary than Poland included Croatia ($2.72B), Serbia ($1.83B), and Romania ($8.43B).

Difference in imports from Hungary () and Poland () (2023)

Comparative Advantage Poland - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Poland had a large net trade with Hungary in the exports of Machines ($2.35B), Metals ($857M), and Foodstuffs ($773M).

During 2018, Hungary had a large net trade with Poland in the exports of Machines ($1.61B), Chemical Products ($989M), and Transportation ($830M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

Hun Year

Pol Year

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 () to Hungary () (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Hungary () (2023)

Exports from Hungary () to Poland () (2023)

Latest Data

Trade between Poland () and Hungary ()

Poland Exports

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Poland () (2023)

Comparative Advantage Poland - Hungary

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Poland () and Hungary () (2023)

Keep Exploring