2022
Flag  
GDP
$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 35 / 186
2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC 
$1,607CURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP PC GROWTH
36.4%CURRENT US$
Rnk 56 / 186
2022
Flag
GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Kyrgyzstan-Hungary Trade: In 2022, Kyrgyzstan exported $1.03M to Hungary. The main products that Kyrgyzstan exported to Hungary were Weapons Parts and Accessories ($402k), Fuel Wood ($256k), and Refined Petroleum ($149k). Over the past 5 years the exports of Kyrgyzstan to Hungary have increased at an annualized rate of 98.1%, from $33.6k in 2017 to $1.03M in 2022.

In 2009, Kyrgyzstan exported services to Hungary worth $23k, with Royalties and license fees ($19.7k) and Computer and information services ($3.28k) being the largest in terms of value.

Hungary-Kyrgyzstan Trade: In 2022, Hungary exported $20.3M to Kyrgyzstan. The main products that Hungary exported to Kyrgyzstan were Other toys ($6.14M), Packaged Medicaments ($5.33M), and Broadcasting Equipment ($2.07M). Over the past 5 years the exports of Hungary to Kyrgyzstan have increased at an annualized rate of 18.8%,  from $8.58M in 2017 to $20.3M in 2022.

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

Comparison: In 2022,  Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B). 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
Value

In 2022, Kyrgyzstan exported $1.03M to Hungary. The main products exported from Kyrgyzstan to Hungary were Weapons Parts and Accessories ($402k), Fuel Wood ($256k), and Refined Petroleum ($149k). During the last 5 years the exports of Kyrgyzstan to Hungary have increased at an annualized rate of 98.1%, from $33.6k in 2017 to $1.03M in 2022.

In 2017, Hungary exported $20.3M to Kyrgyzstan. The main products exported from Hungary to Kyrgyzstan were Other toys ($6.14M), Packaged Medicaments ($5.33M), and Broadcasting Equipment ($2.07M). During the last 5 years the exports of Hungary to Kyrgyzstan have increased at an annualized rate of 18.8%, from $8.58M in 2022 to $20.3M in 2017.

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

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

Latest Data

Trade between Kyrgyzstan (Flag) and Hungary (Flag)

Kyrgyzstan Exports

Hungary Exports

Market Competitiveness

Color
Kyrgyzstan
Top Destination
Russia$1.07B
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Kyrgyzstan than Hungary included Kazakhstan ($445M), Uzbekistan ($240M), and Afghanistan ($21.6M).

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

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

Comparative Advantage Kyrgyzstan - Hungary

Flow
Scale

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

During 2022, Kyrgyzstan had a large net trade with Hungary in the exports of Weapons ($402k), Wood Products ($256k), and Mineral Products ($149k).

During 2017, Hungary had a large net trade with Kyrgyzstan in the exports of Chemical Products ($8.03M), Miscellaneous ($6.2M), and Machines ($2.96M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kyrgyzstan Hungary+$519kRefined Petroleum
Top Product Potential Hungary Kyrgyzstan+$2.98MTelephones

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

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

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

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