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2022
Flag → Flag
Exports $62.1kRnk 39 / 89
2022
Flag → Flag
Top Product $29.7kDental Products
2022
Flag → Flag
Exports $1.57MRnk 145 / 205
2022
Flag → Flag
Top Product $1.27MCars
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Gibraltar-Hungary Trade: In 2022, Gibraltar exported $62.1k to Hungary. The main products that Gibraltar exported to Hungary were Dental Products ($29.7k), Broadcasting Equipment ($16.5k), and Computers ($10.8k). Over the past 5 years the exports of Gibraltar to Hungary have increased at an annualized rate of 57.5%, from $6.41k in 2017 to $62.1k in 2022.

In 2022, Gibraltar did not export any services to Hungary.

Hungary-Gibraltar Trade: In 2022, Hungary exported $1.57M to Gibraltar. The main products that Hungary exported to Gibraltar were Cars ($1.27M), Other Prepared Meat ($238k), and Other Edible Preparations ($20.5k). Over the past 5 years the exports of Hungary to Gibraltar have decreased at an annualized rate of 10.7%,  from $2.77M in 2017 to $1.57M in 2022.

In 2022, Hungary did not export any services to Gibraltar.

Comparison In 2022,  Gibraltar ranked 173 in total exports ($411M), 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).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gibraltar exported $62.1k to Hungary. The main products exported from Gibraltar to Hungary were Dental Products ($29.7k), Broadcasting Equipment ($16.5k), and Computers ($10.8k). During the last 5 years the exports of Gibraltar to Hungary have increased at an annualized rate of 57.5%, from $6.41k in 2017 to $62.1k in 2022.

In 2017, Hungary exported $1.57M to Gibraltar. The main products exported from Hungary to Gibraltar were Cars ($1.27M), Other Prepared Meat ($238k), and Other Edible Preparations ($20.5k). During the last 5 years the exports of Hungary to Gibraltar have decreased at an annualized rate of 10.7%, from $2.77M in 2022 to $1.57M in 2017.

Exports from Gibraltar (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Gibraltar (Flag) (2022)

Latest Data

Trade between Gibraltar (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Gibraltar
Top DestinationIreland$81.4M
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Gibraltar than Hungary included Cape Verde ($12.5M).

In 2022, countries that imported more from Hungary than Gibraltar included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary (Flag) and Gibraltar (Flag) (2022)

Comparative Advantage Gibraltar - Hungary

Flow
Scale

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

During 2022, Gibraltar had a large net trade with Hungary in the exports of Machines ($31.3k), Chemical Products ($29.7k), and Foodstuffs ($690).

During 2017, Hungary had a large net trade with Gibraltar in the exports of Transportation ($1.27M), Foodstuffs ($266k), and Wood Products ($16.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Gibraltar (Flag) and Hungary (Flag) (2022)

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