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2022
Flag → Flag
Exports $18.7kRnk 41 / 79
2022
Flag → Flag
Top Product $17.4kBroadcasting Equipment
2022
Flag → Flag
Exports $237kRnk 180 / 205
2022
Flag → Flag
Top Product $101kCars
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
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 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Aruba-Hungary Trade: In 2022, Aruba exported $18.7k to Hungary. The main products that Aruba exported to Hungary were Broadcasting Equipment ($17.4k), Electric Musical Instruments ($548), and Air Pumps ($273). Over the past 7 years the exports of Aruba to Hungary have increased at an annualized rate of 48.3%, from $1.18k in 2015 to $18.7k in 2022.

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

Hungary-Aruba Trade: In 2022, Hungary exported $237k to Aruba. The main products that Hungary exported to Aruba were Cars ($101k), Knit Active Wear ($57.9k), and Processed Tobacco ($26.1k). Over the past 7 years the exports of Hungary to Aruba have decreased at an annualized rate of 10.4%,  from $512k in 2015 to $237k in 2022.

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

Comparison In 2022,  Aruba ranked 194 in total exports ($123M), 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
Value

In 2022, Aruba exported $18.7k to Hungary. The main products exported from Aruba to Hungary were Broadcasting Equipment ($17.4k), Electric Musical Instruments ($548), and Air Pumps ($273). During the last 7 years the exports of Aruba to Hungary have increased at an annualized rate of 48.3%, from $1.18k in 2015 to $18.7k in 2022.

In 2017, Hungary exported $237k to Aruba. The main products exported from Hungary to Aruba were Cars ($101k), Knit Active Wear ($57.9k), and Processed Tobacco ($26.1k). During the last 5 years the exports of Hungary to Aruba have decreased at an annualized rate of 10.4%, from $512k in 2022 to $237k in 2017.

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

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

Latest Data

Trade between Aruba (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Aruba
Top DestinationColombia$49M
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Aruba than Hungary included Guyana ($10.4M), Curaçao ($5.8M), and Suriname ($2.92M).

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

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

Comparative Advantage Aruba - Hungary

Flow
Scale

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

During 2022, Aruba had a large net trade with Hungary in the exports of Machines ($17.9k), Instruments ($548), and Wood Products ($199).

During 2017, Hungary had a large net trade with Aruba in the exports of Transportation ($106k), Textiles ($66.7k), and Foodstuffs ($34.1k).

Economic Complexity

Competitive Landscape

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

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

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