Hungary (HUN) and Colombia (COL) Trade | The Observatory of Economic Complexity

About

Hungary-Colombia In 2022, Hungary exported $136M to Colombia. The main products that Hungary exported to Colombia are Cars ($88.9M), Pesticides ($5.72M), and Packaged Medicaments ($2.68M). During the last 27 years the exports of Hungary to Colombia have increased at an annualized rate of 15.9%, from $2.54M in 1995 to $136M in 2022.

In 2002, Hungary exported services to Colombia worth $150k, with Government services, n.i.e. ($69.2k), Other business services ($43k), and Transportation ($16.8k) being the largest in terms of value.

Colombia-Hungary In 2022, Colombia exported $2.76M to Hungary. The main products that Colombia exported to Hungary were Cut Flowers ($1.42M), Confectionery Sugar ($512k), and Pesticides ($206k). During the last 27 years the exports of Colombia to Hungary have decreased at an annualized rate of 3.88%, from $8.03M in 1995 to $2.76M in 2022.

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

Comparison In 2022, Hungary ranked 13 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($145B). That same year, Colombia ranked 57 in the Economic Complexity Index (ECI 0.094), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $136M to Colombia. The main products exported from Hungary to Colombia were Cars ($88.9M), Pesticides ($5.72M), and Packaged Medicaments ($2.68M). During the last 27 years the exports of Hungary to Colombia have increased at an annualized rate of 15.9%, from $2.54M in 1995 to $136M in 2022.

In 2022, Colombia exported $2.76M to Hungary. The main products exported from Colombia to Hungary were Cut Flowers ($1.42M), Confectionery Sugar ($512k), and Pesticides ($206k). During the last 27 years the exports of Colombia to Hungary have decreased at an annualized rate of 3.88%, from $8.03M in 1995 to $2.76M in 2022.

Exports from Hungary () to Colombia () (2022)

Exports from Colombia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Colombia ()

Hungary Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Colombia
Top DestinationUnited States$15.6B

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

In 2021, countries that imported more from Hungary than Colombia were Germany ($35.5B), Romania ($7.94B), and Italy ($8.02B).

In 2021, countries that imported more from Colombia than Hungary were United States ($15.6B), Panama ($5.84B), and India ($2.55B).

Difference in imports from Colombia () and Hungary () (2022)

Comparative Advantage Hungary - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Colombia in the exports of Transportation ($91.4M), Machines ($15.6M), and Chemical Products ($13.5M).

During 2022, Colombia had a large net trade with Hungary in the exports of Vegetable Products ($1.42M), Foodstuffs ($681k), and Chemical Products ($270k).

Service Trade

Bilateral Service Trade

Hun Year

2002

2001

2000

In 2002, Hungary exported services to Colombia worth $150k, with Government services, n.i.e. ($69.2k), Other business services ($43k), and Transportation ($16.8k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Hungary () to Colombia () (2002)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Hungary has comparative advantage over Colombia. Similarly, the more yellow a dot/product is, the more Colombia has comparative advantage over Hungary.

About

Historical Data

Bilateral Trade by Products

Exports from Hungary () to Colombia () (2022)

Exports from Colombia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Colombia ()

Hungary Exports

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Hungary () (2022)

Comparative Advantage Hungary - Colombia

Service Trade

Bilateral Service Trade

Services Exports from Hungary () to Colombia () (2002)

Economic Complexity

Competitive Landscape

Product Space of Hungary () and Colombia () (2022)

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