Hungary / Ireland

Hungary-Ireland Trade: In 2022, Hungary exported $611M to Ireland. The main products that Hungary exported to Ireland were Computers ($312M), Cars ($43.6M), and Packaged Medicaments ($19.3M). Over the past 5 years the exports of Hungary to Ireland have increased at an annualized rate of 21.7%, from $229M in 2017 to $611M in 2022.

In 2020, Hungary exported services to Ireland worth $513M, with Computer and information services ($216M), Other business services ($194M), and Transportation ($66.8M) being the largest in terms of value.

Ireland-Hungary Trade: In 2022, Ireland exported $767M to Hungary. The main products that Ireland exported to Hungary were Packaged Medicaments ($122M), Broadcasting Equipment ($96.4M), and Integrated Circuits ($80.8M). Over the past 5 years the exports of Ireland to Hungary have increased at an annualized rate of 7.88%,  from $525M in 2017 to $767M in 2022.

In 2020, Ireland exported services to Hungary worth $210M, with Other business services ($180M), Insurance services ($17.1M), and Transportation ($8M) being the largest in terms of value.

Comparison: In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).