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2022
Flag → Flag
Exports $1.03MRnk 158 / 205
2022
Flag → Flag
Top Product $862kCars
2022
Flag → Flag
Exports $203kRnk 17 / 89
2022
Flag → Flag
Top Product $202kRailway Cargo Containers
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
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Hungary-Bermuda Trade: In 2022, Hungary exported $1.03M to Bermuda. The main products that Hungary exported to Bermuda were Cars ($862k), Packaged Medicaments ($72.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($21.7k). Over the past 5 years the exports of Hungary to Bermuda have increased at an annualized rate of 0.12%, from $1.03M in 2017 to $1.03M in 2022.

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

Bermuda-Hungary Trade: In 2022, Bermuda exported $203k to Hungary. The main products that Bermuda exported to Hungary were Railway Cargo Containers ($202k), Video Displays ($464), and Microphones and Headphones ($201). Over the past 5 years the exports of Bermuda to Hungary have increased at an annualized rate of 19.5%,  from $83.2k in 2017 to $203k in 2022.

In 2022, Bermuda 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, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $1.03M to Bermuda. The main products exported from Hungary to Bermuda were Cars ($862k), Packaged Medicaments ($72.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($21.7k). During the last 5 years the exports of Hungary to Bermuda have increased at an annualized rate of 0.12%, from $1.03M in 2017 to $1.03M in 2022.

In 2017, Bermuda exported $203k to Hungary. The main products exported from Bermuda to Hungary were Railway Cargo Containers ($202k), Video Displays ($464), and Microphones and Headphones ($201). During the last 5 years the exports of Bermuda to Hungary have increased at an annualized rate of 19.5%, from $83.2k in 2022 to $203k in 2017.

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

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

Latest Data

Trade between Hungary (Flag) and Bermuda (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Bermuda
Top DestinationZambia$17.5M

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

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

In 2022, countries that imported more from Bermuda than Hungary included Zambia ($17.5M), Tanzania ($5.76M), and Zimbabwe ($4.06M).

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

Comparative Advantage Hungary - Bermuda

Flow
Scale

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

During 2022, Hungary had a large net trade with Bermuda in the exports of Transportation ($884k), Chemical Products ($72.6k), and Machines ($30.3k).

During 2017, Bermuda had a large net trade with Hungary in the exports of Transportation ($202k), Machines ($665), and Chemical Products ($200).

Economic Complexity

Competitive Landscape

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

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

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