Hungary (HUN) and France (FRA) Trade | The Observatory of Economic Complexity

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Hungary-France Trade: In 2023, Hungary exported $5.55B to France. The main products that Hungary exported to France were Motor vehicles; parts and accessories (8701 to 8705) ($421M), Packaged Medicaments ($344M), and Cars ($301M). Over the past 5 years the exports of Hungary to France have increased at an annualized rate of 0.89%, from $5.31B in 2018 to $5.55B in 2023.

In 2020, Hungary exported services to France worth $529M, with Other business services ($203M), Transportation ($162M), and Travel ($86.2M) being the largest in terms of value.

France-Hungary Trade: In 2023, France exported $4.51B to Hungary. The main products that France exported to Hungary were Packaged Medicaments ($351M), Low-voltage Protection Equipment ($289M), and Motor vehicles; parts and accessories (8701 to 8705) ($176M). Over the past 5 years the exports of France to Hungary have increased at an annualized rate of 1%, from $4.16B in 2018 to $4.51B in 2023.

In 2020, France exported services to Hungary worth $533M, with Other business services ($291M), Transportation ($81.1M), and Travel ($61.7M) being the largest in terms of value.

Comparison: In 2023, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hungary exported $5.55B to France. The main products exported from Hungary to France were Motor vehicles; parts and accessories (8701 to 8705) ($421M), Packaged Medicaments ($344M), and Cars ($301M). During the last 5 years the exports of Hungary to France have increased at an annualized rate of 0.89%, from $5.31B in 2018 to $5.55B in 2023.

In 2018, France exported $4.51B to Hungary. The main products exported from France to Hungary were Packaged Medicaments ($351M), Low-voltage Protection Equipment ($289M), and Motor vehicles; parts and accessories (8701 to 8705) ($176M). During the last 5 years the exports of France to Hungary have increased at an annualized rate of 1%, from $4.16B in 2023 to $4.51B in 2018.

Exports from Hungary () to France () (2023)

Exports from France () to Hungary () (2023)

Latest Data

Trade between Hungary () and France ()

Hungary Exports

Date

France Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$37.4B

France
Top DestinationGermany$72.8B

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

In 2023, countries that imported more from Hungary than France included Slovakia ($6.54B), Romania ($8.43B), and Croatia ($2.72B).

In 2023, countries that imported more from France than Hungary included Italy ($56.3B), Belgium ($49.2B), and United States ($51.2B).

Difference in imports from France () and Hungary () (2023)

Comparative Advantage Hungary - France

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hungary had a large net trade with France in the exports of Machines ($2.08B), Chemical Products ($968M), and Transportation ($844M).

During 2018, France had a large net trade with Hungary in the exports of Machines ($1.64B), Chemical Products ($801M), and Transportation ($448M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary France+$242MCars

Top Product Potential France Hungary+$96.1MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

Fra Year

Hun Year

In 2020, Hungary exported services to France worth $529M, with Other business services ($203M), Transportation ($162M), and Travel ($86.2M) being the largest in terms of value.

In 2020, France exported services to Hungary worth $533M, with Other business services ($291M), Transportation ($81.1M), and Travel ($61.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Hungary () to France () (2020)

Services Exports from France () to Hungary () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to France () (2023)

Exports from France () to Hungary () (2023)

Latest Data

Trade between Hungary () and France ()

Hungary Exports

France Exports

Market Competitiveness

Difference in imports from France () and Hungary () (2023)

Comparative Advantage Hungary - France

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Hungary () to France () (2020)

Services Exports from France () to Hungary () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Hungary () and France () (2023)

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