Israel / Hungary

Israel-Hungary Trade: In 2022, Israel exported $234M to Hungary. The main products that Israel exported to Hungary were Pesticides ($25.1M), Packaged Medicaments ($21.4M), and Nitrogen Heterocyclic Compounds ($19.2M). Over the past 5 years the exports of Israel to Hungary have increased at an annualized rate of 3.99%, from $192M in 2017 to $234M in 2022.

In 2012, Israel exported services to Hungary worth $4.56M, with Computer and information services ($4.56M) being the largest in terms of value.

Hungary-Israel Trade: In 2022, Hungary exported $507M to Israel. The main products that Hungary exported to Israel were Cars ($144M), Video Displays ($60.1M), and Computers ($27.4M). Over the past 5 years the exports of Hungary to Israel have increased at an annualized rate of 5.67%,  from $345M in 2017 to $507M in 2022.

In 2009, Hungary exported services to Israel worth $282M, with Services not allocated ($141M), Travel ($53.9M), and Royalties and license fees ($43.9M) being the largest in terms of value.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).