2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 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 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 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

Brunei-Hungary Trade: In 2023, Brunei exported $1 to Hungary. The main products that Brunei exported to Hungary were Documents of title (bonds etc) and unused stamps ($1). Over the past 5 years the exports of Brunei to Hungary have decreased at an annualized rate of 85.5%, from $15.8k in 2018 to $1 in 2023.

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

Hungary-Brunei Trade: In 2023, Hungary exported $1.8M to Brunei. The main products that Hungary exported to Brunei were Cars ($1.11M), Liquid Pumps ($105k), and Valves ($68.7k). Over the past 5 years the exports of Hungary to Brunei have decreased at an annualized rate of 3%,  from $2.16M in 2018 to $1.8M in 2023.

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

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), 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, Brunei exported $1 to Hungary. The main products exported from Brunei to Hungary were Documents of title (bonds etc) and unused stamps ($1). During the last 5 years the exports of Brunei to Hungary have decreased at an annualized rate of 85.5%, from $15.8k in 2018 to $1 in 2023.

In 2018, Hungary exported $1.8M to Brunei. The main products exported from Hungary to Brunei were Cars ($1.11M), Liquid Pumps ($105k), and Valves ($68.7k). During the last 5 years the exports of Hungary to Brunei have decreased at an annualized rate of 3%, from $2.16M in 2023 to $1.8M in 2018.

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

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

Latest Data

Trade between Brunei (Flag) and Hungary (Flag)

Brunei Exports

Hungary Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Hungary
Top Destination
Germany$37.4B

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

In 2023, countries that imported more from Brunei than Hungary included Australia ($2.25B), Singapore ($1.72B), and Japan ($1.86B).

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

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

Comparative Advantage Brunei - Hungary

Flow
Scale

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

During 2023, Brunei had a large net trade with Hungary in the exports of Paper Goods ($1).

During 2018, Hungary had a large net trade with Brunei in the exports of Transportation ($1.14M), Machines ($396k), and Instruments ($58.3k).

Economic Complexity

Competitive Landscape

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

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

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