Iran / Hungary

Iran-Hungary Trade: In 2022, Iran exported $10.8M to Hungary. The main products that Iran exported to Hungary were Styrene Polymers ($9M), Grapes ($755k), and Tropical Fruits ($172k). Over the past 5 years the exports of Iran to Hungary have increased at an annualized rate of 29%, from $3.02M in 2017 to $10.8M in 2022.

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

Hungary-Iran Trade: In 2022, Hungary exported $41.3M to Iran. The main products that Hungary exported to Iran were Wadding ($20M), Trailers and semi-trailers, not mechanically propelled vehicles ($5.17M), and Delivery Trucks ($2.01M). Over the past 5 years the exports of Hungary to Iran have decreased at an annualized rate of 8.5%,  from $64.3M in 2017 to $41.3M in 2022.

In 2002, Hungary exported services to Iran worth $331k, with Government services, n.i.e. ($86k), Personal, cultural, and recreational services ($81.8k), and Transportation ($65k) being the largest in terms of value.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).