2023
Flag  
GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
 GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 195
2023
Flag
GDP PC 
$22,142CURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC
$9,833CURRENT US$
Rnk 90 / 196
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 195

About

Hungary-Dominica Trade: In 2023, Hungary exported $620k to Dominica. The main products that Hungary exported to Dominica were Cheese ($274k), Cars ($145k), and Other Edible Preparations ($124k). Over the past 5 years the exports of Hungary to Dominica have increased at an annualized rate of 15.4%, from $303k in 2018 to $620k in 2023.

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

Dominica-Hungary Trade: In 2023, Dominica exported $203 to Hungary. The main products that Dominica exported to Hungary were Chemical Analysis Instruments ($202) and Blank Audio Media ($1). Over the past 5 years the exports of Dominica to Hungary have decreased at an annualized rate of 37.3%,  from $2.1k in 2018 to $203 in 2023.

In 2023, Dominica 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, Dominica ranked 205 in total exports ($47.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $620k to Dominica. The main products exported from Hungary to Dominica were Cheese ($274k), Cars ($145k), and Other Edible Preparations ($124k). During the last 5 years the exports of Hungary to Dominica have increased at an annualized rate of 15.4%, from $303k in 2018 to $620k in 2023.

In 2018, Dominica exported $203 to Hungary. The main products exported from Dominica to Hungary were Chemical Analysis Instruments ($202) and Blank Audio Media ($1). During the last 5 years the exports of Dominica to Hungary have decreased at an annualized rate of 37.3%, from $2.1k in 2023 to $203 in 2018.

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

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

Latest Data

Trade between Hungary (Flag) and Dominica (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$37.4B
Dominica
Top Destination
Bahamas$6.11M

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

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

In 2023, countries that imported more from Dominica than Hungary included Bahamas ($6.11M), Guyana ($3.49M), and Barbados ($2.49M).

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

Comparative Advantage Hungary - Dominica

Flow
Scale

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

During 2023, Hungary had a large net trade with Dominica in the exports of Animal Products ($274k), Transportation ($145k), and Foodstuffs ($124k).

During 2018, Dominica had a large net trade with Hungary in the exports of Instruments ($202) and Machines ($1).

Economic Complexity

Competitive Landscape

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

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

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