Hungary / Georgia

Hungary-Georgia Trade: In 2022, Hungary exported $55.1M to Georgia. The main products that Hungary exported to Georgia were Packaged Medicaments ($31.4M), Gas Turbines ($11.2M), and Tractors ($7.4M). Over the past 5 years the exports of Hungary to Georgia have increased at an annualized rate of 84.6%, from $2.57M in 2017 to $55.1M in 2022.

In 2022, Hungary did not export any services to Georgia.

Georgia-Hungary Trade: In 2022, Georgia exported $1.13M to Hungary. The main products that Georgia exported to Hungary were Gas Turbines ($1.11M), Other Cloth Articles ($702k), and Broadcasting Equipment ($432k). Over the past 5 years the exports of Georgia to Hungary have increased at an annualized rate of 66.8%,  from $87.3k in 2017 to $1.13M in 2022.

In 2022, Georgia did not export any services to Hungary.

Comparison: In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).