2022
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GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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 GDP
$114BCURRENT US$
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2012-2022
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GDP GROWTH
87.3%CURRENT US$
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2022
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GDP PC 
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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2022
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GDP PC
$10,121CURRENT US$
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2012-2022
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GDP PC GROWTH
67.3%CURRENT US$
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About

Hungary-Dominican Republic In 2022, Hungary exported $12.2M to Dominican Republic. The main products that Hungary exported to Dominican Republic are Cars ($6.11M), Metal Molds ($1.16M), and Plastic Lids ($1.02M). During the last 27 years the exports of Hungary to Dominican Republic have increased at an annualized rate of 12.5%, from $511k in 1995 to $12.2M in 2022.

In 2022, Hungary did not export any services to Dominican Republic.

Dominican Republic-Hungary In 2022, Dominican Republic exported $161k to Hungary. The main products that Dominican Republic exported to Hungary were Rolled Tobacco ($142k), Precious Stones ($18.6k), and Interior Decorative Glassware ($149). During the last 27 years the exports of Dominican Republic to Hungary have increased at an annualized rate of 6.27%, from $31.2k in 1995 to $161k in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $12.2M to Dominican Republic. The main products exported from Hungary to Dominican Republic were Cars ($6.11M), Metal Molds ($1.16M), and Plastic Lids ($1.02M). During the last 27 years the exports of Hungary to Dominican Republic have increased at an annualized rate of 12.5%, from $511k in 1995 to $12.2M in 2022.

In 2022, Dominican Republic exported $161k to Hungary. The main products exported from Dominican Republic to Hungary were Rolled Tobacco ($142k), Precious Stones ($18.6k), and Interior Decorative Glassware ($149). During the last 27 years the exports of Dominican Republic to Hungary have increased at an annualized rate of 6.27%, from $31.2k in 1995 to $161k in 2022.

Exports from Hungary (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Hungary (Flag) (2022)

Latest Data

Trade between Hungary (Flag) and Dominican Republic (Flag)

Hungary Exports

Dominican Republic Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Dominican Republic
Top Destination
United States$6.85B

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

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

In 2021, countries that imported more from Dominican Republic than Hungary were United States ($6.85B), Haiti ($1.02B), and Jamaica ($139M).

Difference in imports from Dominican Republic (Flag) and Hungary (Flag) (2022)

Comparative Advantage Hungary - Dominican Republic

Flow
Scale

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

During 2022, Hungary had a large net trade with Dominican Republic in the exports of Transportation ($6.23M), Machines ($2.48M), and Plastics and Rubbers ($1.73M).

During 2022, Dominican Republic had a large net trade with Hungary in the exports of Foodstuffs ($142k), Precious Metals ($18.6k), and Stone And Glass ($149).

Economic Complexity

Competitive Landscape

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 Dominican Republic. Similarly, the more yellow a dot/product is, the more Dominican Republic has comparative advantage over Hungary.

Product Space of Hungary (Flag) and Dominican Republic (Flag) (2022)

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