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2023
Flag → Flag
Exports $60.1kRnk 40 / 88
2023
Flag → Flag
Top Product $39.3kBroadcasting Equipment
2023
Flag → Flag
Exports $956kRnk 155 / 201
2023
Flag → Flag
Top Product $491kCars
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag
 GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Gibraltar-Hungary Trade: In 2023, Gibraltar exported $60.1k to Hungary. The main products that Gibraltar exported to Hungary were Broadcasting Equipment ($39.3k), Computers ($9.44k), and Dental Products ($8.95k). Over the past 5 years the exports of Gibraltar to Hungary have increased at an annualized rate of 42.7%, from $10.1k in 2018 to $60.1k in 2023.

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

Hungary-Gibraltar Trade: In 2023, Hungary exported $956k to Gibraltar. The main products that Hungary exported to Gibraltar were Cars ($491k), Other Prepared Meat ($329k), and Broadcasting Equipment ($64.8k). Over the past 5 years the exports of Hungary to Gibraltar have increased at an annualized rate of 12%,  from $542k in 2018 to $956k in 2023.

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

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M), 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, Gibraltar exported $60.1k to Hungary. The main products exported from Gibraltar to Hungary were Broadcasting Equipment ($39.3k), Computers ($9.44k), and Dental Products ($8.95k). During the last 5 years the exports of Gibraltar to Hungary have increased at an annualized rate of 42.7%, from $10.1k in 2018 to $60.1k in 2023.

In 2018, Hungary exported $956k to Gibraltar. The main products exported from Hungary to Gibraltar were Cars ($491k), Other Prepared Meat ($329k), and Broadcasting Equipment ($64.8k). During the last 5 years the exports of Hungary to Gibraltar have increased at an annualized rate of 12%, from $542k in 2023 to $956k in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Gibraltar
Top DestinationNetherlands$113M
Hungary
Top DestinationGermany$37.4B

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 2023, no countries were registered that imported more from Gibraltar than from Hungary.

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

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

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 2023, Gibraltar had a large net trade with Hungary in the exports of Machines ($50.8k), Chemical Products ($8.95k), and Textiles ($298).

During 2018, Hungary had a large net trade with Gibraltar in the exports of Transportation ($495k), Foodstuffs ($352k), and Machines ($99.1k).

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) (2023)

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