Flag Poland / Hungary Flag

2020
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Exports
: $6.63B, Rnk 11 / 217

2020
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Top Product
: $452M, Motor vehicles; parts and accessories (8701 to 8705)

2020
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Exports
: $4.67B, Rnk 7 / 205

2020
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Top Product
: $240M, Packaged Medicaments

2020
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Economic Complexity (ECI)
: ECI 1.03, Rnk 24 / 127

2020
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Economic Complexity (ECI)
: ECI 1.4, Rnk 14 / 127

2020
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GDP
: $597B, CURRENT US$
Rnk 21 / 204

2010-2020
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GDP GROWTH
: 24.3%, CURRENT US$
Rnk 109 / 204

2020
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 GDP
: $157B, CURRENT US$
Rnk 54 / 204

2010-2020
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GDP GROWTH
: 18.5%, CURRENT US$
Rnk 122 / 204

2020
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GDP PC 
: $15,742, CURRENT US$
Rnk 62 / 204

2010-2020
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GDP PC GROWTH
: 24.8%, CURRENT US$
Rnk 78 / 204

2020
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GDP PC
: $16,076, CURRENT US$
Rnk 61 / 204

2010-2020
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GDP PC GROWTH
: 21.6%, CURRENT US$
Rnk 85 / 204

Poland-Hungary In 2020, Poland exported $6.63B to Hungary. The main products that Poland exported to Hungary are Motor vehicles; parts and accessories (8701 to 8705) ($452M), Video Displays ($285M), and Copper Wire ($214M). During the last 25 years the exports of Poland to Hungary have increased at an annualized rate of 13%, from $311M in 1995 to $6.63B in 2020.

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 In 2020, Hungary exported $4.67B to Poland. The main products that Hungary exported to Poland were Packaged Medicaments ($240M), Cars ($213M), and Motor vehicles; parts and accessories (8701 to 8705) ($194M). During the last 25 years the exports of Hungary to Poland have increased at an annualized rate of 10.5%, from $382M in 1995 to $4.67B in 2020.

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 2020,  Poland ranked 24 in the Economic Complexity Index (ECI 1.03), and 21 in total exports ($261B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.4), and 34 in total exports ($118B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Poland exported $6.63B to Hungary. The main products exported from Poland to Hungary were Motor vehicles; parts and accessories (8701 to 8705) ($452M), Video Displays ($285M), and Copper Wire ($214M). During the last 25 years the exports of Poland to Hungary have increased at an annualized rate of 13%, from $311M in 1995 to $6.63B in 2020.

In 2020, Hungary exported $4.67B to Poland. The main products exported from Hungary to Poland were Packaged Medicaments ($240M), Cars ($213M), and Motor vehicles; parts and accessories (8701 to 8705) ($194M). During the last 25 years the exports of Hungary to Poland have increased at an annualized rate of 10.5%, from $382M in 1995 to $4.67B in 2020.

Poland Exports

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Hungary Exports

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Market Competitiveness

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Measure

Poland
Top Destination
: Germany, $73.1B

Hungary
Top Destination
: Germany, $31.4B

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 2019, countries that imported more from Poland than Hungary were Germany ($73.1B), United Kingdom ($15.1B), and Czechia ($15.1B).

In 2019, countries that imported more from Hungary than Poland were Serbia ($1.91B), Croatia ($1.99B), and Romania ($6.28B).

Comparative Advantage Poland - Hungary

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Flow
Scale

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

During 2020, Poland had a large net trade with Hungary in the exports of Machines ($1.7B), Metals ($888M), and Transportation ($651M).

During 2020, Hungary had a large net trade with Poland in the exports of Machines ($1.21B), Chemical Products ($739M), and Plastics and Rubbers ($575M).

Bilateral Service Trade

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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.

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 yellow.  This mean that the more blue a dot/product is, the more Poland has comparative advantage over Hungary. Similarly, the more yellow a dot/product is, the more Hungary has comparative advantage over Poland.