Hungary / New Zealand

Hungary-New Zealand Trade: In 2023, Hungary exported $110M to New Zealand. The main products that Hungary exported to New Zealand were Cars ($35.5M), Motor vehicles; parts and accessories (8701 to 8705) ($5.46M), and Pesticides ($4.66M). Over the past 5 years the exports of Hungary to New Zealand have increased at an annualized rate of 7.24%, from $77.8M in 2018 to $110M in 2023.

In 2020, Hungary exported services to New Zealand worth $2.97M, with Computer and information services ($2.06M), Transportation ($685k), and Royalties and license fees ($114k) being the largest in terms of value.

New Zealand-Hungary Trade: In 2023, New Zealand exported $6.13M to Hungary. The main products that New Zealand exported to Hungary were Air Pumps ($890k), Broadcasting Equipment ($738k), and Forging Machines ($575k). Over the past 5 years the exports of New Zealand to Hungary have increased at an annualized rate of 0.073%,  from $6.11M in 2018 to $6.13M in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).