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2023
Flag → Flag
Exports $16.5MRnk 65 / 150
2023
Flag → Flag
Top Product $8.18MRaw Aluminium
2023
Flag → Flag
Exports $26.2MRnk 87 / 201
2023
Flag → Flag
Top Product $6.63MGas Turbines
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag  
GDP$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
 GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC $29,219CURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP PC GROWTH8.26%CURRENT US$
Rnk 140 / 195
2023
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GDP PC$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Bahrain-Hungary Trade: In 2023, Bahrain exported $16.5M to Hungary. The main products that Bahrain exported to Hungary were Raw Aluminium ($8.18M), Glass Fibers ($6.06M), and Broadcasting Equipment ($1.02M). Over the past 5 years the exports of Bahrain to Hungary have increased at an annualized rate of 39.8%, from $3.09M in 2018 to $16.5M in 2023.

In 2023, Bahrain did not export any services to Hungary.

Hungary-Bahrain Trade: In 2023, Hungary exported $26.2M to Bahrain. The main products that Hungary exported to Bahrain were Gas Turbines ($6.63M), Cars ($4.74M), and Animal Food ($1.59M). Over the past 5 years the exports of Hungary to Bahrain have increased at an annualized rate of 5.93%,  from $19.6M in 2018 to $26.2M in 2023.

In 2023, Hungary did not export any services to Bahrain.

Comparison In 2023,  Bahrain ranked 81 in total exports ($19.9B), 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 2023, Bahrain exported $16.5M to Hungary. The main products exported from Bahrain to Hungary were Raw Aluminium ($8.18M), Glass Fibers ($6.06M), and Broadcasting Equipment ($1.02M). During the last 5 years the exports of Bahrain to Hungary have increased at an annualized rate of 39.8%, from $3.09M in 2018 to $16.5M in 2023.

In 2018, Hungary exported $26.2M to Bahrain. The main products exported from Hungary to Bahrain were Gas Turbines ($6.63M), Cars ($4.74M), and Animal Food ($1.59M). During the last 5 years the exports of Hungary to Bahrain have increased at an annualized rate of 5.93%, from $19.6M in 2023 to $26.2M in 2018.

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

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

Latest Data

Trade between Bahrain (Flag) and Hungary (Flag)

Bahrain Exports

Hungary Exports

Market Competitiveness

Color
Bahrain
Top DestinationUnited Arab Emirates$3.12B
Hungary
Top DestinationGermany$37.4B

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

In 2023, countries that imported more from Bahrain than Hungary included Saudi Arabia ($2.96B), United Arab Emirates ($3.12B), and South Africa ($1.52B).

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

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

Comparative Advantage Bahrain - Hungary

Flow
Scale

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

During 2023, Bahrain had a large net trade with Hungary in the exports of Metals ($8.32M), Stone And Glass ($6.06M), and Machines ($2.08M).

During 2018, Hungary had a large net trade with Bahrain in the exports of Machines ($12M), Transportation ($5.15M), and Foodstuffs ($2.36M).

Economic Complexity

Competitive Landscape

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

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

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