Hungary / Czechia

Hungary-Czechia Trade: In 2022, Hungary exported $5.72B to Czechia. The main products that Hungary exported to Czechia were Electric Batteries ($808M), Motor vehicles; parts and accessories (8701 to 8705) ($337M), and Packaged Medicaments ($271M). Over the past 5 years the exports of Hungary to Czechia have increased at an annualized rate of 4.05%, from $4.69B in 2017 to $5.72B in 2022.

In 2020, Hungary exported services to Czechia worth $395M, with Other business services ($146M), Transportation ($107M), and Travel ($88.5M) being the largest in terms of value.

Czechia-Hungary Trade: In 2022, Czechia exported $7.87B to Hungary. The main products that Czechia exported to Hungary were Broadcasting Equipment ($1.09B), Motor vehicles; parts and accessories (8701 to 8705) ($762M), and Cars ($520M). Over the past 5 years the exports of Czechia to Hungary have increased at an annualized rate of 8.35%,  from $5.27B in 2017 to $7.87B in 2022.

In 2019, Czechia exported services to Hungary worth $509M, with Transportation ($230M), Other business services ($127M), and Travel ($82.4M) being the largest in terms of value.

Comparison: In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).