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Pricing

2022
Flag → Flag
Exports $42.9MRnk 76 / 205
2022
Flag → Flag
Top Product $6.52MGas Turbines
2022
Flag → Flag
Exports $43.5MRnk 77 / 199
2022
Flag → Flag
Top Product $6.09MHouse Linens
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Hungary-Pakistan Trade: In 2022, Hungary exported $42.9M to Pakistan. The main products that Hungary exported to Pakistan were Gas Turbines ($6.52M), Vaccines, blood, antisera, toxins and cultures ($5.47M), and Umbrellas ($5.17M). Over the past 5 years the exports of Hungary to Pakistan have decreased at an annualized rate of 4.73%, from $54.7M in 2017 to $42.9M in 2022.

In 2022, Hungary did not export any services to Pakistan.

Pakistan-Hungary Trade: In 2022, Pakistan exported $43.5M to Hungary. The main products that Pakistan exported to Hungary were House Linens ($6.09M), Heavy Pure Woven Cotton ($4.41M), and Broadcasting Equipment ($4.15M). Over the past 5 years the exports of Pakistan to Hungary have increased at an annualized rate of 15%,  from $21.6M in 2017 to $43.5M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $42.9M to Pakistan. The main products exported from Hungary to Pakistan were Gas Turbines ($6.52M), Vaccines, blood, antisera, toxins and cultures ($5.47M), and Umbrellas ($5.17M). During the last 5 years the exports of Hungary to Pakistan have decreased at an annualized rate of 4.73%, from $54.7M in 2017 to $42.9M in 2022.

In 2017, Pakistan exported $43.5M to Hungary. The main products exported from Pakistan to Hungary were House Linens ($6.09M), Heavy Pure Woven Cotton ($4.41M), and Broadcasting Equipment ($4.15M). During the last 5 years the exports of Pakistan to Hungary have increased at an annualized rate of 15%, from $21.6M in 2022 to $43.5M in 2017.

Exports from Hungary (Flag) to Pakistan (Flag) (2022)

Exports from Pakistan (Flag) to Hungary (Flag) (2022)

Latest Data

Trade between Hungary (Flag) and Pakistan (Flag)

Hungary Exports

Pakistan Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Pakistan
Top DestinationUnited States$6.47B

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

In 2022, countries that imported more from Pakistan than Hungary included United Arab Emirates ($2.58B), Afghanistan ($975M), and Bangladesh ($839M).

Difference in imports from Pakistan (Flag) and Hungary (Flag) (2022)

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 2022, Hungary had a large net trade with Pakistan in the exports of Machines ($16.5M), Chemical Products ($7.68M), and Footwear and Headwear ($5.79M).

During 2017, Pakistan had a large net trade with Hungary in the exports of Textiles ($26.9M), Machines ($4.75M), and Animal Hides ($4.7M).

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) (2022)

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