2023
Flag  
GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
 GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 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
Flag
GDP PC
$67,477CURRENT US$
Rnk 15 / 196
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195

About

Hungary-Macau Trade: In 2023, Hungary exported $7.9M to Macau. The main products that Hungary exported to Macau were Cars ($2.66M), Other Office Machines ($2.12M), and Poultry Meat ($503k). Over the past 5 years the exports of Hungary to Macau have increased at an annualized rate of 2.83%, from $6.87M in 2018 to $7.9M in 2023.

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

Macau-Hungary Trade: In 2023, Macau exported $10.1M to Hungary. The main products that Macau exported to Hungary were Printed Circuit Boards ($9.54M), Leather Footwear ($190k), and Broadcasting Equipment ($143k). Over the past 5 years the exports of Macau to Hungary have increased at an annualized rate of 1.98%,  from $9.12M in 2018 to $10.1M in 2023.

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

Comparison In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41),  and 35 in total exports ($150B). That same year, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $7.9M to Macau. The main products exported from Hungary to Macau were Cars ($2.66M), Other Office Machines ($2.12M), and Poultry Meat ($503k). During the last 5 years the exports of Hungary to Macau have increased at an annualized rate of 2.83%, from $6.87M in 2018 to $7.9M in 2023.

In 2018, Macau exported $10.1M to Hungary. The main products exported from Macau to Hungary were Printed Circuit Boards ($9.54M), Leather Footwear ($190k), and Broadcasting Equipment ($143k). During the last 5 years the exports of Macau to Hungary have increased at an annualized rate of 1.98%, from $9.12M in 2023 to $10.1M in 2018.

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

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

Latest Data

Trade between Hungary (Flag) and Macau (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$37.4B
Macau
Top Destination
Hong Kong$1.4B

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

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

In 2023, countries that imported more from Macau than Hungary included Hong Kong ($1.4B) and Philippines ($61M).

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

Comparative Advantage Hungary - Macau

Flow
Scale

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

During 2023, Hungary had a large net trade with Macau in the exports of Machines ($2.75M), Transportation ($2.7M), and Miscellaneous ($516k).

During 2018, Macau had a large net trade with Hungary in the exports of Machines ($9.82M), Footwear and Headwear ($195k), and Miscellaneous ($23.9k).

Economic Complexity

Competitive Landscape

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

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

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