2023
Flag  
GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
 GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 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
$1,365CURRENT US$
Rnk 170 / 196
2013-2023
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GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195

About

Hungary-Pakistan Trade: In 2023, Hungary exported $40.4M to Pakistan. The main products that Hungary exported to Pakistan were Gas Turbines ($8.77M), Spark-Ignition Engines ($7.19M), and Used Clothing ($2.38M). Over the past 5 years the exports of Hungary to Pakistan have increased at an annualized rate of 0.44%, from $39.5M in 2018 to $40.4M in 2023.

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

Pakistan-Hungary Trade: In 2023, Pakistan exported $54.2M to Hungary. The main products that Pakistan exported to Hungary were House Linens ($15.4M), Gas Turbines ($4.8M), and Broadcasting Equipment ($4.7M). Over the past 5 years the exports of Pakistan to Hungary have increased at an annualized rate of 16.9%,  from $21.2M in 2018 to $54.2M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $40.4M to Pakistan. The main products exported from Hungary to Pakistan were Gas Turbines ($8.77M), Spark-Ignition Engines ($7.19M), and Used Clothing ($2.38M). During the last 5 years the exports of Hungary to Pakistan have increased at an annualized rate of 0.44%, from $39.5M in 2018 to $40.4M in 2023.

In 2018, Pakistan exported $54.2M to Hungary. The main products exported from Pakistan to Hungary were House Linens ($15.4M), Gas Turbines ($4.8M), and Broadcasting Equipment ($4.7M). During the last 5 years the exports of Pakistan to Hungary have increased at an annualized rate of 16.9%, from $21.2M in 2023 to $54.2M in 2018.

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

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

Latest Data

Trade between Hungary (Flag) and Pakistan (Flag)

Hungary Exports

Pakistan Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$37.4B
Pakistan
Top Destination
United States$5.18B

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

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

In 2023, countries that imported more from Pakistan than Hungary included United Arab Emirates ($3.7B), Afghanistan ($969M), and Bangladesh ($690M).

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

Comparative Advantage Hungary - Pakistan

Flow
Scale

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

During 2023, Hungary had a large net trade with Pakistan in the exports of Machines ($23.8M), Chemical Products ($3.72M), and Instruments ($3.58M).

During 2018, Pakistan had a large net trade with Hungary in the exports of Textiles ($32.4M), Machines ($10.1M), and Instruments ($4.15M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Pakistan+$6.51MVaccines, blood, antisera, toxins and cultures
Top Product Potential Pakistan Hungary+$4.61MHouse Linens

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 Pakistan. This means that a dot/product with the flag of Hungary indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over Hungary.

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

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