2022
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GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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 GDP
$1.32TCURRENT US$
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2012-2022
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GDP GROWTH
43.7%CURRENT US$
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GDP PC 
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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2022
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GDP PC
$4,788CURRENT US$
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2012-2022
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GDP PC GROWTH
30.5%CURRENT US$
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About

Hungary-Indonesia Trade: In 2022, Hungary exported $59.2M to Indonesia. The main products that Hungary exported to Indonesia were Broadcasting Equipment ($15.6M), Gas Turbines ($11.4M), and Computers ($9.41M). Over the past 5 years the exports of Hungary to Indonesia have increased at an annualized rate of 11.3%, from $34.6M in 2017 to $59.2M in 2022.

In 2020, Hungary exported services to Indonesia worth $38M, with Computer and information services ($36.7M), Transportation ($571k), and Royalties and license fees ($571k) being the largest in terms of value.

Indonesia-Hungary Trade: In 2022, Indonesia exported $129M to Hungary. The main products that Indonesia exported to Hungary were Synthetic Rubber ($20.4M), Electric Heaters ($19.5M), and Other Electrical Machinery ($17.9M). Over the past 5 years the exports of Indonesia to Hungary have increased at an annualized rate of 29.4%,  from $35.7M in 2017 to $129M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $59.2M to Indonesia. The main products exported from Hungary to Indonesia were Broadcasting Equipment ($15.6M), Gas Turbines ($11.4M), and Computers ($9.41M). During the last 5 years the exports of Hungary to Indonesia have increased at an annualized rate of 11.3%, from $34.6M in 2017 to $59.2M in 2022.

In 2017, Indonesia exported $129M to Hungary. The main products exported from Indonesia to Hungary were Synthetic Rubber ($20.4M), Electric Heaters ($19.5M), and Other Electrical Machinery ($17.9M). During the last 22 years the exports of Indonesia to Hungary have increased at an annualized rate of 29.4%, from $35.7M in 1995 to $129M in 2017.

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

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

Latest Data

Trade between Hungary (Flag) and Indonesia (Flag)

Hungary Exports

Indonesia Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Hungary than Indonesia included Germany ($35.5B), Romania ($7.94B), and Slovakia ($6.78B).

In 2022, countries that imported more from Indonesia than Hungary included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Hungary - Indonesia

Flow
Scale

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

During 2022, Hungary had a large net trade with Indonesia in the exports of Machines ($61.3M), Chemical Products ($7.45M), and Transportation ($6.75M).

During 2017, Indonesia had a large net trade with Hungary in the exports of Machines ($83M), Plastics and Rubbers ($33.5M), and Textiles ($7.63M).

Economic Complexity

Competitive Landscape

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

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

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