2023
Flag  
GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
Flag
 GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC 
$3,515CURRENT US$
Rnk 138 / 195
2013-2023
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC
$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195

About

Vanuatu-Hungary Trade: In 2022, Vanuatu exported $102 to Hungary. The main products that Vanuatu exported to Hungary were N/A. Over the past 5 years the exports of Vanuatu to Hungary have decreased at an annualized rate of 69.1%, from $36.1k in 2017 to $102 in 2022.

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

Hungary-Vanuatu Trade: In 2022, Hungary exported $77.6k to Vanuatu. The main products that Hungary exported to Vanuatu were Other Printed Material ($75.7k), Electrical Lighting and Signalling Equipment ($1.13k), and Motor vehicles; parts and accessories (8701 to 8705) ($271). Over the past 5 years the exports of Hungary to Vanuatu have increased at an annualized rate of 0.097%,  from $77.2k in 2017 to $77.6k in 2022.

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

Comparison In 2023,  Vanuatu ranked 187 in total exports ($198M), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Vanuatu exported $102 to Hungary. There were not main exports from Vanuatu to Hungary in 2022. During the last 5 years the exports of Vanuatu to Hungary have decreased at an annualized rate of 69.1%, from $36.1k in 2017 to $102 in 2022.

In 2018, Hungary exported $77.6k to Vanuatu. The main products exported from Hungary to Vanuatu were Other Printed Material ($75.7k), Electrical Lighting and Signalling Equipment ($1.13k), and Motor vehicles; parts and accessories (8701 to 8705) ($271). During the last 5 years the exports of Hungary to Vanuatu have increased at an annualized rate of 0.097%, from $77.2k in 2023 to $77.6k in 2018.

Exports from Vanuatu (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Vanuatu (Flag) (2023)

Latest Data

Trade between Vanuatu (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$96M
Hungary
Top Destination
Germany$37.4B

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 2023, countries that imported more from Vanuatu than Hungary included Fiji ($5.75M) and Samoa ($93.9k).

In 2023, countries that imported more from Hungary than Vanuatu included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

Difference in imports from Hungary (Flag) and Vanuatu (Flag) (2023)

Comparative Advantage Vanuatu - Hungary

Flow
Scale

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 .

During 2018, Hungary had a large net trade with Vanuatu in the exports of Paper Goods ($75.7k), Machines ($1.37k), and Transportation ($271).

Economic Complexity

Competitive Landscape

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.

Product Space of Vanuatu (Flag) and Hungary (Flag) (2023)

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