Israel / Hungary

Israel-Hungary Trade: In 2023, Israel exported $395M to Hungary. The main products that Israel exported to Hungary were Pesticides ($43.5M), Nitrogen Heterocyclic Compounds ($36M), and Broadcasting Accessories ($33.2M). Over the past 5 years the exports of Israel to Hungary have increased at an annualized rate of 13%, from $214M in 2018 to $395M in 2023.

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 2023, Hungary exported $520M to Israel. The main products that Hungary exported to Israel were Cars ($134M), Computers ($82.2M), and Video Displays ($28.6M). Over the past 5 years the exports of Hungary to Israel have increased at an annualized rate of 2.47%,  from $461M in 2018 to $520M in 2023.

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 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).