Hungary / Sweden

Hungary-Sweden Trade: In 2022, Hungary exported $1.74B to Sweden. The main products that Hungary exported to Sweden were Video Displays ($254M), Motor vehicles; parts and accessories (8701 to 8705) ($218M), and Insulated Wire ($79.1M). Over the past 5 years the exports of Hungary to Sweden have increased at an annualized rate of 1.74%, from $1.6B in 2017 to $1.74B in 2022.

In 2020, Hungary exported services to Sweden worth $359M, with Other business services ($187M), Computer and information services ($67.7M), and Transportation ($62.2M) being the largest in terms of value.

Sweden-Hungary Trade: In 2022, Sweden exported $866M to Hungary. The main products that Sweden exported to Hungary were Packaged Medicaments ($76.4M), Cars ($57.6M), and Kaolin Coated Paper ($44.1M). Over the past 5 years the exports of Sweden to Hungary have increased at an annualized rate of 1.76%,  from $794M in 2017 to $866M in 2022.

In 2020, Sweden exported services to Hungary worth $162M, with Other business services ($49.5M), Transportation ($29.1M), and Computer and information services ($28.2M) being the largest in terms of value.

Comparison: In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).