Argentina-Hungary Trade: In 2023, Argentina exported $17.7M to Hungary. The main products that Argentina exported to Hungary were Ground Nuts ($6.61M), Harvesting Machinery ($5.14M), and Corn ($2.66M). Over the past 5 years the exports of Argentina to Hungary have decreased at an annualized rate of 3.17%, from $20.8M in 2018 to $17.7M in 2023.
In 2023, Argentina did not export any services to Hungary.
Hungary-Argentina Trade: In 2023, Hungary exported $292M to Argentina. The main products that Hungary exported to Argentina were Combustion Engines ($112M), Motor vehicles; parts and accessories (8701 to 8705) ($41.9M), and Pesticides ($15.6M). Over the past 5 years the exports of Hungary to Argentina have decreased at an annualized rate of 0.55%, from $300M in 2018 to $292M in 2023.
In 2020, Hungary exported services to Argentina worth $15.3M, with Travel ($14.3M), Royalties and license fees ($685k), and Transportation ($228k) being the largest in terms of value.
Comparison: In 2023, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).