2022
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GDP
$161BCURRENT US$
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2012-2022
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GDP GROWTH
-12.1%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 
$4,534CURRENT US$
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2012-2022
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GDP PC GROWTH
13.2%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

Ukraine-Hungary In 2022, Ukraine exported $2.28B to Hungary. The main products that Ukraine exported to Hungary are Electric Heaters ($427M), Corn ($338M), and Sunflower Seeds ($182M). During the last 27 years the exports of Ukraine to Hungary have increased at an annualized rate of 7.59%, from $316M in 1995 to $2.28B in 2022.

In 2022, Ukraine did not export any services to Hungary.

Hungary-Ukraine In 2022, Hungary exported $2.08B to Ukraine. The main products that Hungary exported to Ukraine were Petroleum Gas ($396M), Insulated Wire ($154M), and Refined Petroleum ($123M). During the last 27 years the exports of Hungary to Ukraine have increased at an annualized rate of 7.4%, from $303M in 1995 to $2.08B in 2022.

In 2002, Hungary exported services to Ukraine worth $5.99M, with Other business services ($3.19M), Transportation ($1.38M), and Government services, n.i.e. ($375k) being the largest in terms of value.

Comparison In 2022,  Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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 2022, Ukraine exported $2.28B to Hungary. The main products exported from Ukraine to Hungary were Electric Heaters ($427M), Corn ($338M), and Sunflower Seeds ($182M). During the last 27 years the exports of Ukraine to Hungary have increased at an annualized rate of 7.59%, from $316M in 1995 to $2.28B in 2022.

In 2022, Hungary exported $2.08B to Ukraine. The main products exported from Hungary to Ukraine were Petroleum Gas ($396M), Insulated Wire ($154M), and Refined Petroleum ($123M). During the last 27 years the exports of Hungary to Ukraine have increased at an annualized rate of 7.4%, from $303M in 1995 to $2.08B in 2022.

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

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

Latest Data

Trade between Ukraine (Flag) and Hungary (Flag)

Ukraine Exports

Hungary Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Hungary
Top Destination
Germany$35.5B

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

In 2021, countries that imported more from Ukraine than Hungary were Turkey ($3.02B), Egypt ($1.11B), and Moldova ($929M).

In 2021, countries that imported more from Hungary than Ukraine were Germany ($35.5B), Italy ($8.02B), and Austria ($6.32B).

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

Comparative Advantage Ukraine - Hungary

Flow
Scale

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

During 2022, Ukraine had a large net trade with Hungary in the exports of Machines ($886M), Vegetable Products ($680M), and Mineral Products ($202M).

During 2022, Hungary had a large net trade with Ukraine in the exports of Machines ($693M), Mineral Products ($529M), and Chemical Products ($214M).

Service Trade

Bilateral Service Trade

Hun Year

In 2002, Hungary exported services to Ukraine worth $5.99M, with Other business services ($3.19M), Transportation ($1.38M), and Government services, n.i.e. ($375k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Hungary (Flag) to Ukraine (Flag) (2002)

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

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

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