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
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 GDP
$984MCURRENT US$
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2012-2022
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GDP GROWTH
31.5%CURRENT US$
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2022
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GDP PC 
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC
$3,010CURRENT US$
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2012-2022
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GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186

About

Hungary-Vanuatu Trade: In 2022, Hungary exported $139k to Vanuatu. The main products that Hungary exported to Vanuatu were Other Printed Material ($138k), Other Rubber Products ($766), and Motor vehicles; parts and accessories (8701 to 8705) ($653). Over the past 5 years the exports of Hungary to Vanuatu have increased at an annualized rate of 6.31%, from $103k in 2017 to $139k in 2022.

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

Vanuatu-Hungary Trade: In 2022, Vanuatu exported $102 to Hungary. The main products that Vanuatu exported to Hungary were Computers ($99) and Other Plastic Products ($3). Over the past 5 years the exports of Vanuatu to Hungary have decreased at an annualized rate of 62.4%,  from $36k in 2017 to $102 in 2022.

In 2022, Vanuatu 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, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $139k to Vanuatu. The main products exported from Hungary to Vanuatu were Other Printed Material ($138k), Other Rubber Products ($766), and Motor vehicles; parts and accessories (8701 to 8705) ($653). During the last 5 years the exports of Hungary to Vanuatu have increased at an annualized rate of 6.31%, from $103k in 2017 to $139k in 2022.

In 2017, Vanuatu exported $102 to Hungary. The main products exported from Vanuatu to Hungary were Computers ($99) and Other Plastic Products ($3). During the last 5 years the exports of Vanuatu to Hungary have decreased at an annualized rate of 62.4%, from $36k in 2022 to $102 in 2017.

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

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

Latest Data

Trade between Hungary (Flag) and Vanuatu (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Vanuatu
Top Destination
Thailand$86.1M

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

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

In 2022, countries that imported more from Vanuatu than Hungary included Fiji ($6.36M).

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

Comparative Advantage Hungary - Vanuatu

Flow
Scale

This chart compares trade between Hungary and Vanuatu by product, considering products traded by both, Hungary and Vanuatu.

During 2022, Hungary had a large net trade with Vanuatu in the exports of Paper Goods ($138k), Plastics and Rubbers ($902), and Transportation ($653).

During 2017, Vanuatu had a large net trade with Hungary in the exports of Machines ($99) and Plastics and Rubbers ($3).

Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and Vanuatu (Flag) (2022)

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