Hungary / Japan

Hungary-Japan Trade: In 2022, Hungary exported $1.06B to Japan. The main products that Hungary exported to Japan were Cars ($347M), Office Machine Parts ($58.2M), and Computers ($38.1M). Over the past 5 years the exports of Hungary to Japan have increased at an annualized rate of 4.85%, from $834M in 2017 to $1.06B in 2022.

In 2020, Hungary exported services to Japan worth $297M, with Royalties and license fees ($252M), Transportation ($16.1M), and Other business services ($14.4M) being the largest in terms of value.

Japan-Hungary Trade: In 2022, Japan exported $1.5B to Hungary. The main products that Japan exported to Hungary were Motor vehicles; parts and accessories (8701 to 8705) ($205M), Spark-Ignition Engines ($125M), and Cars ($109M). Over the past 5 years the exports of Japan to Hungary have increased at an annualized rate of 0.065%,  from $1.49B in 2017 to $1.5B in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).