2022
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
Flag
 GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
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GDP PC 
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC
$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
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About

Hungary-Turks and Caicos Islands Trade: In 2022, Hungary exported $50.7k to Turks and Caicos Islands. The main products that Hungary exported to Turks and Caicos Islands were Other Electrical Machinery ($26.5k), Cars ($23.3k), and Motor vehicles; parts and accessories (8701 to 8705) ($421). Over the past 5 years the exports of Hungary to Turks and Caicos Islands have decreased at an annualized rate of 23%, from $187k in 2017 to $50.7k in 2022.

In 2022, 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 2022, Turks and Caicos Islands 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, Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $50.7k to Turks and Caicos Islands. The main products exported from Hungary to Turks and Caicos Islands were Other Electrical Machinery ($26.5k), Cars ($23.3k), and Motor vehicles; parts and accessories (8701 to 8705) ($421). During the last 5 years the exports of Hungary to Turks and Caicos Islands have decreased at an annualized rate of 23%, from $187k in 2017 to $50.7k in 2022.

Turks and Caicos Islands does not register exports to Hungary.

Exports from Hungary (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to Hungary (Flag) (2022)

Latest Data

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

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2022, countries that imported more from Turks and Caicos Islands than Hungary included Togo ($25.1M), Central African Republic ($643k), and Zimbabwe ($2.62M).

Difference in imports from Turks and Caicos Islands (Flag) and Hungary (Flag) (2022)

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 2022, Hungary had a large net trade with Turks and Caicos Islands in the exports of Machines ($26.8k), Transportation ($23.7k), and Plastics and Rubbers ($142).

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) (2022)

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