Jordan (JOR) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Jordan-Hungary Trade: In 2022, Jordan exported $3.54M to Hungary. The main products that Jordan exported to Hungary were Other Vegetables ($643k), Portable Lighting ($532k), and Broadcasting Equipment ($521k). Over the past 5 years the exports of Jordan to Hungary have decreased at an annualized rate of 9.55%, from $5.86M in 2017 to $3.54M in 2022.

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

Hungary-Jordan Trade: In 2022, Hungary exported $43.6M to Jordan. The main products that Hungary exported to Jordan were Cheese ($7.29M), Tractors ($2.66M), and Refined Petroleum ($2.48M). Over the past 5 years the exports of Hungary to Jordan have increased at an annualized rate of 1.19%, from $41M in 2017 to $43.6M in 2022.

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

Comparison: In 2022, Jordan ranked 63 in the Economic Complexity Index (ECI 0.049), and 85 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).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jordan exported $3.54M to Hungary. The main products exported from Jordan to Hungary were Other Vegetables ($643k), Portable Lighting ($532k), and Broadcasting Equipment ($521k). During the last 5 years the exports of Jordan to Hungary have decreased at an annualized rate of 9.55%, from $5.86M in 2017 to $3.54M in 2022.

In 2017, Hungary exported $43.6M to Jordan. The main products exported from Hungary to Jordan were Cheese ($7.29M), Tractors ($2.66M), and Refined Petroleum ($2.48M). During the last 5 years the exports of Hungary to Jordan have increased at an annualized rate of 1.19%, from $41M in 2022 to $43.6M in 2017.

Exports from Jordan () to Hungary () (2022)

Exports from Hungary () to Jordan () (2022)

Latest Data

Trade between Jordan () and Hungary ()

Jordan Exports

Date

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jordan
Top DestinationUnited States$3.28B

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Jordan than Hungary included India ($2.31B), Saudi Arabia ($1.22B), and Iraq ($927M).

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

Difference in imports from Hungary () and Jordan () (2022)

Comparative Advantage Jordan - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jordan had a large net trade with Hungary in the exports of Machines ($1.14M), Vegetable Products ($661k), and Metals ($562k).

During 2017, Hungary had a large net trade with Jordan in the exports of Animal Products ($9.42M), Machines ($7.47M), and Paper Goods ($5.55M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jordan Hungary+$1.01MTelephones

Top Product Potential Hungary Jordan+$5.19MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Jordan () to Hungary () (2022)

Exports from Hungary () to Jordan () (2022)

Latest Data

Trade between Jordan () and Hungary ()

Jordan Exports

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Jordan () (2022)

Comparative Advantage Jordan - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jordan () and Hungary () (2022)

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