Hungary / Georgia

Hungary-Georgia Trade: In 2023, Hungary exported $78.1M to Georgia. The main products that Hungary exported to Georgia were Packaged Medicaments ($43M), Cars ($3.81M), and Other Prepared Meat ($3.71M). Over the past 5 years the exports of Hungary to Georgia have increased at an annualized rate of 9.8%, from $49M in 2018 to $78.1M in 2023.

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

Georgia-Hungary Trade: In 2023, Georgia exported $1.7M to Hungary. The main products that Georgia exported to Hungary were Other Cloth Articles ($451k), Broadcasting Equipment ($377k), and Other Articles of Twine and Rope ($148k). Over the past 5 years the exports of Georgia to Hungary have increased at an annualized rate of 8.1%,  from $1.15M in 2018 to $1.7M in 2023.

In 2023, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).