Hungary / Finland

Hungary-Finland Trade: In 2022, Hungary exported $506M to Finland. The main products that Hungary exported to Finland were Cars ($45.8M), Motor vehicles; parts and accessories (8701 to 8705) ($37.2M), and Thermostats ($24M). Over the past 5 years the exports of Hungary to Finland have increased at an annualized rate of 4.52%, from $405M in 2017 to $506M in 2022.

In 2020, Hungary exported services to Finland worth $200M, with Other business services ($148M), Transportation ($20.9M), and Travel ($20.2M) being the largest in terms of value.

Finland-Hungary Trade: In 2022, Finland exported $271M to Hungary. The main products that Finland exported to Hungary were Kaolin Coated Paper ($46.5M), Integrated Circuits ($14M), and Large Flat-Rolled Stainless Steel ($8.43M). Over the past 5 years the exports of Finland to Hungary have decreased at an annualized rate of 2.11%,  from $301M in 2017 to $271M in 2022.

In 2020, Finland exported services to Hungary worth $62.8M, with Computer and information services ($25.1M), Other business services ($24M), and Transportation ($8M) 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).