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2022
Flag → Flag
Exports $2.27MRnk 138 / 205
2022
Flag → Flag
Top Product $1.22MCars
2022
Flag → Flag
Exports $3.47kRnk 7 / 0
2022
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Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
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GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Hungary-New Caledonia Trade: In 2022, Hungary exported $2.27M to New Caledonia. The main products that Hungary exported to New Caledonia were Cars ($1.22M), Light Fixtures ($295k), and Harvesting Machinery ($130k). Over the past 5 years the exports of Hungary to New Caledonia have decreased at an annualized rate of 0.55%, from $2.34M in 2017 to $2.27M in 2022.

In 2022, Hungary did not export any services to New Caledonia.

New Caledonia-Hungary Trade: In 2022, New Caledonia exported $3.47k to Hungary. The main products that New Caledonia exported to Hungary were N/A. Over the past 5 years the exports of New Caledonia to Hungary have decreased at an annualized rate of 18.3%,  from $9.53k in 2017 to $3.47k in 2022.

In 2022, New Caledonia 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, New Caledonia ranked 138 in total exports ($2.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $2.27M to New Caledonia. The main products exported from Hungary to New Caledonia were Cars ($1.22M), Light Fixtures ($295k), and Harvesting Machinery ($130k). During the last 5 years the exports of Hungary to New Caledonia have decreased at an annualized rate of 0.55%, from $2.34M in 2017 to $2.27M in 2022.

In 2016, New Caledonia exported $3.47k to Hungary. There were not main exports from New Caledonia to Hungary in 2016. During the last 5 years the exports of New Caledonia to Hungary have decreased at an annualized rate of 18.3%, from $9.53k in 2021 to $3.47k in 2016.

Exports from Hungary (Flag) to New Caledonia (Flag) (2022)

Exports from New Caledonia (Flag) to Hungary (Flag) (2022)

Latest Data

Trade between Hungary (Flag) and New Caledonia (Flag)

Hungary Exports

New Caledonia Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
New Caledonia
Top DestinationChina$1.79B

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

In 2022, countries that imported more from Hungary than New Caledonia included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

In 2022, countries that imported more from New Caledonia than Hungary included Fiji ($511k).

Difference in imports from New Caledonia (Flag) and Hungary (Flag) (2022)

Comparative Advantage Hungary - New Caledonia

Flow
Scale

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

During 2022, Hungary had a large net trade with New Caledonia in the exports of Transportation ($1.25M), Machines ($308k), and Miscellaneous ($295k).

During 2016, New Caledonia had a large net trade with Hungary in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and New Caledonia (Flag) (2022)

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