Croatia / Hungary

Croatia-Hungary Trade: In 2022, Croatia exported $2.65B to Hungary. The main products that Croatia exported to Hungary were Petroleum Gas ($1.1B), Electricity ($405M), and Crude Petroleum ($381M). Over the past 5 years the exports of Croatia to Hungary have increased at an annualized rate of 37.2%, from $545M in 2017 to $2.65B in 2022.

In 2020, Croatia exported services to Hungary worth $242M, with Travel ($138M), Other business services ($42.4M), and Transportation ($35.3M) being the largest in terms of value.

Hungary-Croatia Trade: In 2022, Hungary exported $3.19B to Croatia. The main products that Hungary exported to Croatia were Electricity ($1.07B), Packaged Medicaments ($132M), and Cars ($123M). Over the past 5 years the exports of Hungary to Croatia have increased at an annualized rate of 12.1%,  from $1.8B in 2017 to $3.19B in 2022.

In 2020, Hungary exported services to Croatia worth $118M, with Transportation ($52.2M), Other business services ($27M), and Computer and information services ($12.2M) being the largest in terms of value.

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).