2023
Flag  
GDP
$1.06BCURRENT US$
Rnk 186 / 195
2013-2023
Flag
GDP GROWTH
20.7%CURRENT US$
Rnk 140 / 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 
$22,574CURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 100 / 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

Saint Kitts and Nevis-Hungary Trade: In 2016, Saint Kitts and Nevis exported $806 to Hungary. The main products that Saint Kitts and Nevis exported to Hungary were N/A. Over the past 12 years the exports of Saint Kitts and Nevis to Hungary have decreased at an annualized rate of 47.2%, from $1.7M in 2004 to $806 in 2016.

In 2016, Saint Kitts and Nevis did not export any services to Hungary.

Hungary-Saint Kitts and Nevis Trade: In 2016, Hungary exported $478k to Saint Kitts and Nevis. The main products that Hungary exported to Saint Kitts and Nevis were Cars ($476k), Medical Instruments ($1.36k), and Trunks and Cases ($161). Over the past 12 years the exports of Hungary to Saint Kitts and Nevis have increased at an annualized rate of 18.6%,  from $204k in 2004 to $478k in 2016.

In 2016, Hungary did not export any services to Saint Kitts and Nevis.

Comparison In 2023,  Saint Kitts and Nevis ranked 198 in total exports ($77.7M), and does not have data regarding Economic Complexity Index. 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 2016, Saint Kitts and Nevis exported $806 to Hungary. There were not main exports from Saint Kitts and Nevis to Hungary in 2016. During the last 12 years the exports of Saint Kitts and Nevis to Hungary have decreased at an annualized rate of 47.2%, from $1.7M in 2004 to $806 in 2016.

In 2018, Hungary exported $478k to Saint Kitts and Nevis. The main products exported from Hungary to Saint Kitts and Nevis were Cars ($476k), Medical Instruments ($1.36k), and Trunks and Cases ($161). During the last 5 years the exports of Hungary to Saint Kitts and Nevis have increased at an annualized rate of 18.6%, from $204k in 2023 to $478k in 2018.

Exports from Saint Kitts and Nevis (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Saint Kitts and Nevis (Flag) (2023)

Latest Data

Trade between Saint Kitts and Nevis (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Saint Kitts and Nevis
Top Destination
Malta$37.8M
Hungary
Top Destination
Germany$37.4B

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

In 2023, countries that imported more from Saint Kitts and Nevis than Hungary included Malta ($37.8M), Saint Vincent and the Grenadines ($3.57M), and Belize ($535k).

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

Difference in imports from Hungary (Flag) and Saint Kitts and Nevis (Flag) (2023)

Comparative Advantage Saint Kitts and Nevis - Hungary

Flow
Scale

This chart compares trade between Saint Kitts and Nevis and Hungary by product, considering products traded by both, Saint Kitts and Nevis and Hungary.

During 2016, Saint Kitts and Nevis had a large net trade with Hungary in the exports of .

During 2018, Hungary had a large net trade with Saint Kitts and Nevis in the exports of Transportation ($476k), Instruments ($1.36k), and Animal Hides ($161).

Economic Complexity

Competitive Landscape

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

Product Space of Saint Kitts and Nevis (Flag) and Hungary (Flag) (2023)

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