Vanuatu (VUT) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Vanuatu-Hungary Trade: In 2022, Vanuatu exported $102 to Hungary. The main products that Vanuatu exported to Hungary were Computers ($99) and Other Plastic Products ($3). Over the past 5 years the exports of Vanuatu to Hungary have decreased at an annualized rate of 69.1%, from $36k in 2017 to $102 in 2022.

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

Hungary-Vanuatu Trade: In 2022, Hungary exported $139k to Vanuatu. The main products that Hungary exported to Vanuatu were Other Printed Material ($138k), Other Rubber Products ($766), and Motor vehicles; parts and accessories (8701 to 8705) ($653). Over the past 5 years the exports of Hungary to Vanuatu have increased at an annualized rate of 2.58%, from $103k in 2017 to $139k in 2022.

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

Comparison In 2022, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vanuatu exported $102 to Hungary. The main products exported from Vanuatu to Hungary were Computers ($99) and Other Plastic Products ($3). During the last 5 years the exports of Vanuatu to Hungary have decreased at an annualized rate of 69.1%, from $36k in 2017 to $102 in 2022.

In 2017, Hungary exported $139k to Vanuatu. The main products exported from Hungary to Vanuatu were Other Printed Material ($138k), Other Rubber Products ($766), and Motor vehicles; parts and accessories (8701 to 8705) ($653). During the last 5 years the exports of Hungary to Vanuatu have increased at an annualized rate of 2.58%, from $103k in 2022 to $139k in 2017.

Exports from Vanuatu () to Hungary () (2022)

Exports from Hungary () to Vanuatu () (2022)

Latest Data

Trade between Vanuatu () and Hungary ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vanuatu
Top DestinationThailand$86.1M

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Vanuatu than Hungary included Fiji ($6.36M).

In 2022, countries that imported more from Hungary than Vanuatu included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary () and Vanuatu () (2022)

Comparative Advantage Vanuatu - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vanuatu had a large net trade with Hungary in the exports of Machines ($99) and Plastics and Rubbers ($3).

During 2017, Hungary had a large net trade with Vanuatu in the exports of Paper Goods ($138k), Plastics and Rubbers ($902), and Transportation ($653).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Vanuatu and Hungary. This means that a dot/product with the flag of Vanuatu indicates it has a comparative advantage over Hungary. Similarly, a dot/product with the flag of Hungary indicates it has a comparative advantage over Vanuatu.

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Historical Data

Bilateral Trade by Products

Exports from Vanuatu () to Hungary () (2022)

Exports from Hungary () to Vanuatu () (2022)

Latest Data

Trade between Vanuatu () and Hungary ()

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Vanuatu () (2022)

Comparative Advantage Vanuatu - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vanuatu () and Hungary () (2022)

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