Estonia / Hungary

Estonia-Hungary Trade: In 2023, Estonia exported $71.3M to Hungary. The main products that Estonia exported to Hungary were Gold ($7.99M), Inedible Fats and Oils ($7.22M), and Other Metal Fasteners ($5.87M). Over the past 5 years the exports of Estonia to Hungary have increased at an annualized rate of 5.44%, from $54.7M in 2018 to $71.3M in 2023.

In 2020, Estonia exported services to Hungary worth $19.5M, with Other business services ($9.25M), Transportation ($6.05M), and Computer and information services ($2.06M) being the largest in terms of value.

Hungary-Estonia Trade: In 2023, Hungary exported $157M to Estonia. The main products that Hungary exported to Estonia were Video Displays ($14.9M), High-voltage Protection Equipment ($13.2M), and Cars ($11.8M). Over the past 5 years the exports of Hungary to Estonia have increased at an annualized rate of 3.53%,  from $127M in 2018 to $157M in 2023.

In 2020, Hungary exported services to Estonia worth $7.77M, with Computer and information services ($3.54M), Transportation ($2.86M), and Other business services ($1.14M) being the largest in terms of value.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), 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).