2022
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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 GDP
$16.7BCURRENT US$
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2012-2022
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GDP GROWTH
-12.4%CURRENT US$
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2022
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GDP PC 
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186
2022
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GDP PC
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
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GDP PC GROWTH
-20.7%CURRENT US$
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About

Hungary-Brunei Trade: In 2022, Hungary exported $3.02M to Brunei. The main products that Hungary exported to Brunei were Cars ($1.58M), Other Office Machines ($671k), and Electric Heaters ($196k). Over the past 5 years the exports of Hungary to Brunei have decreased at an annualized rate of 13.6%, from $6.27M in 2017 to $3.02M in 2022.

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

Brunei-Hungary Trade: In 2022, Brunei exported $65.6k to Hungary. The main products that Brunei exported to Hungary were Wrenches ($13.1k), Other Measuring Instruments ($12.6k), and Air Pumps ($11.1k). Over the past 5 years the exports of Brunei to Hungary have increased at an annualized rate of 34.4%,  from $2.54k in 2017 to $65.6k in 2022.

In 2022, Brunei 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, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $3.02M to Brunei. The main products exported from Hungary to Brunei were Cars ($1.58M), Other Office Machines ($671k), and Electric Heaters ($196k). During the last 5 years the exports of Hungary to Brunei have decreased at an annualized rate of 13.6%, from $6.27M in 2017 to $3.02M in 2022.

In 2017, Brunei exported $65.6k to Hungary. The main products exported from Brunei to Hungary were Wrenches ($13.1k), Other Measuring Instruments ($12.6k), and Air Pumps ($11.1k). During the last 5 years the exports of Brunei to Hungary have increased at an annualized rate of 34.4%, from $2.54k in 2022 to $65.6k in 2017.

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

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

Latest Data

Trade between Hungary (Flag) and Brunei (Flag)

Hungary Exports

Brunei Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Brunei
Top Destination
Australia$2.66B

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

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

In 2022, countries that imported more from Brunei than Hungary included Australia ($2.66B), Singapore ($1.97B), and Japan ($2.32B).

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

Comparative Advantage Hungary - Brunei

Flow
Scale

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

During 2022, Hungary had a large net trade with Brunei in the exports of Transportation ($1.61M), Machines ($978k), and Plastics and Rubbers ($190k).

During 2017, Brunei had a large net trade with Hungary in the exports of Machines ($26.8k), Instruments ($23.7k), and Metals ($13.6k).

Economic Complexity

Competitive Landscape

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

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

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