2023
Flag  
GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
 GDP
$14BCURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP GROWTH
90.7%CURRENT US$
Rnk 20 / 195
2023
Flag
GDP PC 
$22,142CURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195
2023
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GDP PC
$1,970CURRENT US$
Rnk 159 / 196
2013-2023
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GDP PC GROWTH
55.2%CURRENT US$
Rnk 39 / 195

About

Hungary-Kyrgyzstan Trade: In 2023, Hungary exported $25.3M to Kyrgyzstan. The main products that Hungary exported to Kyrgyzstan were Packaged Medicaments ($6.2M), Other Office Machines ($2.33M), and Other toys ($2.2M). Over the past 5 years the exports of Hungary to Kyrgyzstan have increased at an annualized rate of 15.4%, from $12.4M in 2018 to $25.3M in 2023.

In 2023, Hungary did not export any services to Kyrgyzstan.

Kyrgyzstan-Hungary Trade: In 2023, Kyrgyzstan exported $672k to Hungary. The main products that Kyrgyzstan exported to Hungary were Coal Briquettes ($383k), Refined Petroleum ($147k), and Fuel Wood ($77.2k). Over the past 5 years the exports of Kyrgyzstan to Hungary have increased at an annualized rate of 30.7%,  from $176k in 2018 to $672k in 2023.

In 2009, Kyrgyzstan exported services to Hungary worth $23k, with Royalties and license fees ($19.7k) and Computer and information services ($3.28k) being the largest in terms of value.

Comparison: In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B). That same year, Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $25.3M to Kyrgyzstan. The main products exported from Hungary to Kyrgyzstan were Packaged Medicaments ($6.2M), Other Office Machines ($2.33M), and Other toys ($2.2M). During the last 5 years the exports of Hungary to Kyrgyzstan have increased at an annualized rate of 15.4%, from $12.4M in 2018 to $25.3M in 2023.

In 2018, Kyrgyzstan exported $672k to Hungary. The main products exported from Kyrgyzstan to Hungary were Coal Briquettes ($383k), Refined Petroleum ($147k), and Fuel Wood ($77.2k). During the last 5 years the exports of Kyrgyzstan to Hungary have increased at an annualized rate of 30.7%, from $176k in 2023 to $672k in 2018.

Exports from Hungary (Flag) to Kyrgyzstan (Flag) (2023)

Exports from Kyrgyzstan (Flag) to Hungary (Flag) (2023)

Latest Data

Trade between Hungary (Flag) and Kyrgyzstan (Flag)

Hungary Exports

Kyrgyzstan Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$37.4B
Kyrgyzstan
Top Destination
Switzerland$1.18B

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

In 2023, countries that imported more from Hungary than Kyrgyzstan included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

In 2023, countries that imported more from Kyrgyzstan than Hungary included Kazakhstan ($559M), Uzbekistan ($284M), and Afghanistan ($14.9M).

Difference in imports from Kyrgyzstan (Flag) and Hungary (Flag) (2023)

Comparative Advantage Hungary - Kyrgyzstan

Flow
Scale

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

During 2023, Hungary had a large net trade with Kyrgyzstan in the exports of Chemical Products ($9.57M), Machines ($4.22M), and Transportation ($3.36M).

During 2018, Kyrgyzstan had a large net trade with Hungary in the exports of Mineral Products ($530k), Wood Products ($77.2k), and Machines ($29.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Kyrgyzstan+$2.98MTelephones
Top Product Potential Kyrgyzstan Hungary+$519kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and Kyrgyzstan (Flag) (2023)

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