2022
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GDP
$3.16BCURRENT US$
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2012-2022
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GDP GROWTH
173%CURRENT US$
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2022
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 GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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GDP PC 
$2,358CURRENT US$
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2012-2022
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GDP PC GROWTH
131%CURRENT US$
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2022
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GDP PC
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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About

Timor-Leste-Hungary In 2021, Timor-Leste exported $6.8k to Hungary. The main products that Timor-Leste exported to Hungary are N/A. During the last 9 years the exports of Timor-Leste to Hungary have increased at an annualized rate of 23.7%, from $1k in 2012 to $6.8k in 2021.

In 2021, Timor-Leste did not export any services to Hungary.

Hungary-Timor-Leste In 2021, Hungary exported $75.7k to Timor-Leste. The main products that Hungary exported to Timor-Leste were Medical Instruments ($72.9k), Video Displays ($2.66k), and Other Plastic Products ($112). During the last 9 years the exports of Hungary to Timor-Leste have increased at an annualized rate of 11.3%, from $29k in 2012 to $75.7k in 2021.

In 2021, Hungary did not export any services to Timor-Leste.

Comparison In 2022,  Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 13 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Timor-Leste exported $6.8k to Hungary. There were not main exports from Timor-Leste to Hungary in 2021. During the last 9 years the exports of Timor-Leste to Hungary have increased at an annualized rate of 23.7%, from $1k in 2012 to $6.8k in 2021.

In 2022, Hungary exported $75.7k to Timor-Leste. The main products exported from Hungary to Timor-Leste were Medical Instruments ($72.9k), Video Displays ($2.66k), and Other Plastic Products ($112). During the last 14 years the exports of Hungary to Timor-Leste have increased at an annualized rate of 11.3%, from $29k in 2008 to $75.7k in 2022.

Exports from Timor-Leste (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Timor-Leste (Flag) (2022)

Latest Data

Trade between Timor-Leste (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Timor-Leste
Top Destination
China$131M
Hungary
Top Destination
Germany$35.5B

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

In 2021, countries that imported more from Timor-Leste than Hungary were Indonesia ($104M).

In 2021, countries that imported more from Hungary than Timor-Leste were Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary (Flag) and Timor-Leste (Flag) (2022)

Comparative Advantage Timor-Leste - Hungary

Flow
Scale

This chart compares trade between Timor-Leste and Hungary by product, considering products traded by both, Timor-Leste and Hungary.

During 2021, Timor-Leste had a large net trade with Hungary in the exports of .

During 2022, Hungary had a large net trade with Timor-Leste in the exports of Instruments ($72.9k), Machines ($2.66k), and Plastics and Rubbers ($112).

Economic Complexity

Competitive Landscape

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 Timor-Leste has comparative advantage over Hungary. Similarly, the more yellow a dot/product is, the more Hungary has comparative advantage over Timor-Leste.

Product Space of Timor-Leste (Flag) and Hungary (Flag) (2022)

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