2023
Flag  
GDP
$14BCURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP GROWTH
90.7%CURRENT US$
Rnk 20 / 195
2023
Flag
 GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC 
$1,970CURRENT US$
Rnk 159 / 195
2013-2023
Flag
GDP PC GROWTH
55.2%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC
$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195

About

Kyrgyzstan-Hungary Trade: In 2023, Kyrgyzstan exported $672k to Hungary. The main products that Kyrgyzstan exported to Hungary were Coal Briquettes ($383k), Refined Petroleum ($147k), and Fuel Wood ($77.2k). Over the past 5 years the exports of Kyrgyzstan to Hungary have increased at an annualized rate of 30.7%, from $176k in 2018 to $672k in 2023.

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 2023, Hungary exported $25.3M to Kyrgyzstan. The main products that Hungary exported to Kyrgyzstan were Packaged Medicaments ($6.2M), Other Office Machines ($2.33M), and Other toys ($2.2M). Over the past 5 years the exports of Hungary to Kyrgyzstan have increased at an annualized rate of 15.4%,  from $12.4M in 2018 to $25.3M in 2023.

In 2023, Hungary did not export any services to Kyrgyzstan.

Comparison: In 2023,  Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kyrgyzstan exported $672k to Hungary. The main products exported from Kyrgyzstan to Hungary were Coal Briquettes ($383k), Refined Petroleum ($147k), and Fuel Wood ($77.2k). During the last 5 years the exports of Kyrgyzstan to Hungary have increased at an annualized rate of 30.7%, from $176k in 2018 to $672k in 2023.

In 2018, Hungary exported $25.3M to Kyrgyzstan. The main products exported from Hungary to Kyrgyzstan were Packaged Medicaments ($6.2M), Other Office Machines ($2.33M), and Other toys ($2.2M). During the last 5 years the exports of Hungary to Kyrgyzstan have increased at an annualized rate of 15.4%, from $12.4M in 2023 to $25.3M in 2018.

Exports from Kyrgyzstan (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Kyrgyzstan (Flag) (2023)

Latest Data

Trade between Kyrgyzstan (Flag) and Hungary (Flag)

Kyrgyzstan Exports

Hungary Exports

Market Competitiveness

Color
Kyrgyzstan
Top Destination
Switzerland$1.18B
Hungary
Top Destination
Germany$37.4B

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 2023, countries that imported more from Kyrgyzstan than Hungary included Kazakhstan ($559M), Uzbekistan ($284M), and Afghanistan ($14.9M).

In 2023, countries that imported more from Hungary than Kyrgyzstan included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

Difference in imports from Hungary (Flag) and Kyrgyzstan (Flag) (2023)

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 2023, Kyrgyzstan had a large net trade with Hungary in the exports of Mineral Products ($530k), Wood Products ($77.2k), and Machines ($29.1k).

During 2018, Hungary had a large net trade with Kyrgyzstan in the exports of Chemical Products ($9.57M), Machines ($4.22M), and Transportation ($3.36M).

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) (2023)

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