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2023
Flag → Flag
Exports $57.9kRnk 188 / 201
2023
Flag → Flag
Top Product $56.7kCars
2023
Flag → Flag
Exports $573MRnk 92 / 92
2023
Flag → Flag
Top Product $1Other Printed Material
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag  
GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
 GDP$1.4BCURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC $22,142CURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC$30,349CURRENT US$
Rnk 46 / 196
2013-2023
Flag
GDP PC GROWTH35.4%CURRENT US$
Rnk 69 / 195

About

Hungary-Turks and Caicos Islands Trade: In 2023, Hungary exported $57.9k to Turks and Caicos Islands. The main products that Hungary exported to Turks and Caicos Islands were Cars ($56.7k), Electrical Control Boards ($645), and Padlocks ($279). Over the past 5 years the exports of Hungary to Turks and Caicos Islands have decreased at an annualized rate of 21.5%, from $194k in 2018 to $57.9k in 2023.

In 2023, Hungary did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Hungary In N/A, Turks and Caicos Islands did not export any products to Hungary.

In 2023, Turks and Caicos Islands 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, Turks and Caicos Islands ranked 210 in total exports ($21.9M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $57.9k to Turks and Caicos Islands. The main products exported from Hungary to Turks and Caicos Islands were Cars ($56.7k), Electrical Control Boards ($645), and Padlocks ($279). During the last 5 years the exports of Hungary to Turks and Caicos Islands have decreased at an annualized rate of 21.5%, from $194k in 2018 to $57.9k in 2023.

Turks and Caicos Islands does not register exports to Hungary. The main products exported from Turks and Caicos Islands to Hungary were Other Printed Material ($1).

Exports from Hungary (Flag) to Turks and Caicos Islands (Flag) (2023)

Exports from Turks and Caicos Islands (Flag) to Hungary (Flag) (2023)

Latest Data

Trade between Hungary (Flag) and Turks and Caicos Islands (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$37.4B
Turks and Caicos Islands
Top DestinationGabon$5.91M

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

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

In 2023, countries that imported more from Turks and Caicos Islands than Hungary included Zimbabwe ($3.79M), Gabon ($5.91M), and Sao Tome and Principe ($32.7k).

Difference in imports from Turks and Caicos Islands (Flag) and Hungary (Flag) (2023)

Comparative Advantage Hungary - Turks and Caicos Islands

Flow
Scale

This chart compares trade between Hungary and Turks and Caicos Islands by product, considering products traded by both, Hungary and Turks and Caicos Islands.

During 2023, Hungary had a large net trade with Turks and Caicos Islands in the exports of Transportation ($56.7k), Machines ($934), and Metals ($279).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Hungary and Turks and Caicos Islands. This means that a dot/product with the flag of Hungary indicates it has a comparative advantage over Turks and Caicos Islands. Similarly, a dot/product with the flag of Turks and Caicos Islands indicates it has a comparative advantage over Hungary.

Product Space of Hungary (Flag) and Turks and Caicos Islands (Flag) (2023)

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