Denmark / Hungary

Denmark-Hungary Trade: In 2023, Denmark exported $849M to Hungary. The main products that Denmark exported to Hungary were Packaged Medicaments ($94M), Motor vehicles; parts and accessories (8701 to 8705) ($54.4M), and Liquid Pumps ($52M). Over the past 5 years the exports of Denmark to Hungary have increased at an annualized rate of 2.59%, from $748M in 2018 to $849M in 2023.

In 2020, Denmark exported services to Hungary worth $239M, with Transportation ($144M), Other business services ($35.4M), and Travel ($20.2M) being the largest in terms of value.

Hungary-Denmark Trade: In 2023, Hungary exported $896M to Denmark. The main products that Hungary exported to Denmark were Packaged Medicaments ($145M), Cars ($89.9M), and Medical Instruments ($49.7M). Over the past 5 years the exports of Hungary to Denmark have increased at an annualized rate of 1.15%,  from $847M in 2018 to $896M in 2023.

In 2020, Hungary exported services to Denmark worth $367M, with Computer and information services ($117M), Other business services ($114M), and Transportation ($107M) being the largest in terms of value.

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).