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2023
Flag → Flag
Exports $1.53MRnk 147 / 201
2023
Flag → Flag
Top Product $753kCars
2023
Flag → Flag
Exports $142kRnk 88 / 121
2023
Flag → Flag
Top Product $129kRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag  
GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC $22,142CURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Hungary-Cuba Trade: In 2023, Hungary exported $1.53M to Cuba. The main products that Hungary exported to Cuba were Cars ($753k), Raw Plastic Sheeting ($156k), and Flavored Water ($149k). Over the past 5 years the exports of Hungary to Cuba have decreased at an annualized rate of 16%, from $3.66M in 2018 to $1.53M in 2023.

In 2023, Hungary did not export any services to Cuba.

Cuba-Hungary Trade: In 2023, Cuba exported $142k to Hungary. The main products that Cuba exported to Hungary were Rolled Tobacco ($129k), Hard Liquor ($9.08k), and Glands and Other Organs ($3.82k). Over the past 5 years the exports of Cuba to Hungary have decreased at an annualized rate of 16.2%,  from $344k in 2018 to $142k in 2023.

In 2023, Cuba did not export any services to Hungary.

Comparison: In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B). That same year, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $1.53M to Cuba. The main products exported from Hungary to Cuba were Cars ($753k), Raw Plastic Sheeting ($156k), and Flavored Water ($149k). During the last 5 years the exports of Hungary to Cuba have decreased at an annualized rate of 16%, from $3.66M in 2018 to $1.53M in 2023.

In 2018, Cuba exported $142k to Hungary. The main products exported from Cuba to Hungary were Rolled Tobacco ($129k), Hard Liquor ($9.08k), and Glands and Other Organs ($3.82k). During the last 5 years the exports of Cuba to Hungary have decreased at an annualized rate of 16.2%, from $344k in 2023 to $142k in 2018.

Exports from Hungary (Flag) to Cuba (Flag) (2023)

Exports from Cuba (Flag) to Hungary (Flag) (2023)

Latest Data

Trade between Hungary (Flag) and Cuba (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$37.4B
Cuba
Top DestinationChina$358M

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

In 2023, countries that imported more from Hungary than Cuba included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

In 2023, countries that imported more from Cuba than Hungary included Macau ($29.2M) and Andorra ($3.77M).

Difference in imports from Cuba (Flag) and Hungary (Flag) (2023)

Comparative Advantage Hungary - Cuba

Flow
Scale

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

During 2023, Hungary had a large net trade with Cuba in the exports of Transportation ($753k), Plastics and Rubbers ($237k), and Foodstuffs ($191k).

During 2018, Cuba had a large net trade with Hungary in the exports of Foodstuffs ($138k), Chemical Products ($3.82k), and Miscellaneous ($228).

Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and Cuba (Flag) (2023)

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