Hungary-Argentina Trade: In 2022, Hungary exported $280M to Argentina. The main products that Hungary exported to Argentina were Combustion Engines ($81.2M), Motor vehicles; parts and accessories (8701 to 8705) ($63.3M), and Gas Turbines ($35.1M). Over the past 5 years the exports of Hungary to Argentina have increased at an annualized rate of 1.77%, from $256M in 2017 to $280M in 2022.
In 2020, Hungary exported services to Argentina worth $15.3M, with Travel ($14.3M), Royalties and license fees ($685k), and Transportation ($228k) being the largest in terms of value.
Argentina-Hungary Trade: In 2022, Argentina exported $15.6M to Hungary. The main products that Argentina exported to Hungary were Harvesting Machinery ($5.74M), Ground Nuts ($5.1M), and Broadcasting Equipment ($1.64M). Over the past 5 years the exports of Argentina to Hungary have increased at an annualized rate of 5.46%, from $12M in 2017 to $15.6M in 2022.
In 2022, Argentina did not export any services to Hungary.
Comparison: In 2022, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).