Hungary / Ukraine

Hungary-Ukraine Trade: In 2022, Hungary exported $2.08B to Ukraine. The main products that Hungary exported to Ukraine were Petroleum Gas ($396M), Insulated Wire ($154M), and Refined Petroleum ($123M). Over the past 5 years the exports of Hungary to Ukraine have increased at an annualized rate of 2.13%, from $1.88B in 2017 to $2.08B in 2022.

In 2002, Hungary exported services to Ukraine worth $5.99M, with Other business services ($3.19M), Transportation ($1.38M), and Government services, n.i.e. ($375k) being the largest in terms of value.

Ukraine-Hungary Trade: In 2022, Ukraine exported $2.28B to Hungary. The main products that Ukraine exported to Hungary were Electric Heaters ($427M), Corn ($338M), and Sunflower Seeds ($182M). Over the past 5 years the exports of Ukraine to Hungary have increased at an annualized rate of 3.8%,  from $1.89B in 2017 to $2.28B in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).