2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 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 
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 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

Marshall Islands-Hungary Trade: In 2019, Marshall Islands exported $51.9k to Hungary. The main products that Marshall Islands exported to Hungary were N/A. Over the past 9 years the exports of Marshall Islands to Hungary have increased at an annualized rate of 23.5%, from $7.77k in 2010 to $51.9k in 2019.

In 2019, Marshall Islands did not export any services to Hungary.

Hungary-Marshall Islands In N/A, Hungary did not export any products to Marshall Islands.

In 2019, Hungary did not export any services to Marshall Islands.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index. 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 2019, Marshall Islands exported $51.9k to Hungary. There were not main exports from Marshall Islands to Hungary in 2019. During the last 9 years the exports of Marshall Islands to Hungary have increased at an annualized rate of 23.5%, from $7.77k in 2010 to $51.9k in 2019.

Hungary does not register exports to Marshall Islands.

Exports from Marshall Islands (Flag) to Hungary (Flag) (2020)

Exports from Hungary (Flag) to Marshall Islands (Flag) (2020)

Latest Data

Trade between Marshall Islands (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Marshall Islands than Hungary included Malta ($66.2M), Tanzania ($41M), and Rwanda ($10.3M).

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

Difference in imports from Hungary (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Hungary

Flow
Scale

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

During 2019, Marshall Islands had a large net trade with Hungary in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Hungary (Flag) (2020)

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