2022
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC 
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Hungary-Gibraltar Trade: In 2022, Hungary exported $1.57M to Gibraltar. The main products that Hungary exported to Gibraltar were Cars ($1.27M), Other Prepared Meat ($238k), and Other Edible Preparations ($20.5k). Over the past 5 years the exports of Hungary to Gibraltar have decreased at an annualized rate of 10.7%, from $2.77M in 2017 to $1.57M in 2022.

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

Gibraltar-Hungary Trade: In 2022, Gibraltar exported $62.1k to Hungary. The main products that Gibraltar exported to Hungary were Dental Products ($29.7k), Broadcasting Equipment ($16.5k), and Computers ($10.8k). Over the past 5 years the exports of Gibraltar to Hungary have increased at an annualized rate of 15.3%,  from $6.41k in 2017 to $62.1k in 2022.

In 2022, Gibraltar 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, Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $1.57M to Gibraltar. The main products exported from Hungary to Gibraltar were Cars ($1.27M), Other Prepared Meat ($238k), and Other Edible Preparations ($20.5k). During the last 5 years the exports of Hungary to Gibraltar have decreased at an annualized rate of 10.7%, from $2.77M in 2017 to $1.57M in 2022.

In 2017, Gibraltar exported $62.1k to Hungary. The main products exported from Gibraltar to Hungary were Dental Products ($29.7k), Broadcasting Equipment ($16.5k), and Computers ($10.8k). During the last 5 years the exports of Gibraltar to Hungary have increased at an annualized rate of 15.3%, from $6.41k in 2022 to $62.1k in 2017.

Exports from Hungary (Flag) to Gibraltar (Flag) (2022)

Exports from Gibraltar (Flag) to Hungary (Flag) (2022)

Latest Data

Trade between Hungary (Flag) and Gibraltar (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Gibraltar
Top Destination
Ireland$81.4M

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

In 2022, countries that imported more from Hungary than Gibraltar included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

In 2022, countries that imported more from Gibraltar than Hungary included Cape Verde ($12.5M).

Difference in imports from Gibraltar (Flag) and Hungary (Flag) (2022)

Comparative Advantage Hungary - Gibraltar

Flow
Scale

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

During 2022, Hungary had a large net trade with Gibraltar in the exports of Transportation ($1.27M), Foodstuffs ($266k), and Wood Products ($16.8k).

During 2017, Gibraltar had a large net trade with Hungary in the exports of Machines ($31.3k), Chemical Products ($29.7k), and Foodstuffs ($690).

Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and Gibraltar (Flag) (2022)

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