2023
Flag  
GDP
$66.8BCURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 154 / 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 
$1,233CURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP PC GROWTH
2.84%CURRENT US$
Rnk 149 / 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

Burma-Hungary Trade: In 2023, Burma exported $8.98M to Hungary. The main products that Burma exported to Hungary were Knit Sweaters ($1.52M), Knit Women's Suits ($1.46M), and Rice ($1.18M). Over the past 5 years the exports of Burma to Hungary have increased at an annualized rate of 10.7%, from $5.41M in 2018 to $8.98M in 2023.

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

Hungary-Burma Trade: In 2023, Hungary exported $2.35M to Burma. The main products that Hungary exported to Burma were Packaged Medicaments ($787k), Animal Meal and Pellets ($498k), and Chemical Analysis Instruments ($187k). Over the past 5 years the exports of Hungary to Burma have decreased at an annualized rate of 6.1%,  from $9.99M in 2018 to $2.35M in 2023.

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

Comparison: In 2023,  Burma ranked 108 in the Economic Complexity Index (ECI -0.91), and 77 in total exports ($22.1B). 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, Burma exported $8.98M to Hungary. The main products exported from Burma to Hungary were Knit Sweaters ($1.52M), Knit Women's Suits ($1.46M), and Rice ($1.18M). During the last 5 years the exports of Burma to Hungary have increased at an annualized rate of 10.7%, from $5.41M in 2018 to $8.98M in 2023.

In 2018, Hungary exported $2.35M to Burma. The main products exported from Hungary to Burma were Packaged Medicaments ($787k), Animal Meal and Pellets ($498k), and Chemical Analysis Instruments ($187k). During the last 5 years the exports of Hungary to Burma have decreased at an annualized rate of 6.1%, from $9.99M in 2023 to $2.35M in 2018.

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

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

Latest Data

Trade between Burma (Flag) and Hungary (Flag)

Burma Exports

Hungary Exports

Market Competitiveness

Color
Burma
Top Destination
China$6.97B
Hungary
Top Destination
Germany$37.4B

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

In 2023, countries that imported more from Burma than Hungary included China ($6.97B), Thailand ($3.44B), and India ($1.04B).

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

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

Comparative Advantage Burma - Hungary

Flow
Scale

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

During 2023, Burma had a large net trade with Hungary in the exports of Textiles ($7.35M), Vegetable Products ($1.18M), and Machines ($453k).

During 2018, Hungary had a large net trade with Burma in the exports of Chemical Products ($791k), Foodstuffs ($735k), and Instruments ($332k).

Economic Complexity

Competitive Landscape

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

Product Space of Burma (Flag) and Hungary (Flag) (2023)

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