Hungary (HUN) and New Caledonia (NCL) Trade | The Observatory of Economic Complexity

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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 15.5%, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 15.5%, from $9.53k in 2021 to $3.47k in 2016.

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

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

Latest Data

Trade between Hungary () and New Caledonia ()

Hungary Exports

Date

New Caledonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Hungary () (2022)

Comparative Advantage Hungary - New Caledonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Hungary () and New Caledonia ()

Hungary Exports

New Caledonia Exports

Market Competitiveness

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

Comparative Advantage Hungary - New Caledonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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