Estonia / Hungary

Estonia-Hungary Trade: In 2022, Estonia exported $79.9M to Hungary. The main products that Estonia exported to Hungary were Semi chemical Woodpulp ($9.56M), Sawn Wood ($4.88M), and Other Metal Fasteners ($4.6M). Over the past 5 years the exports of Estonia to Hungary have increased at an annualized rate of 6.26%, from $59M in 2017 to $79.9M in 2022.

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 2022, Hungary exported $128M to Estonia. The main products that Hungary exported to Estonia were Broadcasting Equipment ($12.5M), Cars ($6.55M), and Trailers and semi-trailers, not mechanically propelled vehicles ($5.54M). Over the past 5 years the exports of Hungary to Estonia have decreased at an annualized rate of 6.08%,  from $175M in 2017 to $128M in 2022.

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 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).