New Caledonia (NCL) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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New Caledonia-Hungary Trade: In 2021, New Caledonia exported $3.47k to Hungary. The main products that New Caledonia exported to Hungary were N/A. Over the past 5 years the exports of New Caledonia to Hungary have decreased at an annualized rate of 18.3%, from $9.53k in 2016 to $3.47k in 2021.

In 2021, New Caledonia did not export any services to Hungary.

Hungary-New Caledonia Trade: In 2021, Hungary exported $2.27M to New Caledonia. The main products that Hungary exported to New Caledonia were Cars ($1.22M), Light Fixtures ($295k), and Harvesting Machinery ($130k). Over the past 5 years the exports of Hungary to New Caledonia have decreased at an annualized rate of 0.46%, from $2.34M in 2016 to $2.27M in 2021.

In 2021, Hungary did not export any services to New Caledonia.

Comparison In 2022, New Caledonia ranked 138 in total exports ($2.87B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, New Caledonia exported $3.47k to Hungary. There were not main exports from New Caledonia to Hungary in 2021. During the last 5 years the exports of New Caledonia to Hungary have decreased at an annualized rate of 18.3%, from $9.53k in 2016 to $3.47k in 2021.

In 2017, Hungary exported $2.27M to New Caledonia. The main products exported from Hungary to New Caledonia were Cars ($1.22M), Light Fixtures ($295k), and Harvesting Machinery ($130k). During the last 5 years the exports of Hungary to New Caledonia have decreased at an annualized rate of 0.46%, from $2.34M in 2022 to $2.27M in 2017.

Exports from New Caledonia () to Hungary () (2022)

Exports from Hungary () to New Caledonia () (2022)

Latest Data

Trade between New Caledonia () and Hungary ()

New Caledonia Exports

Date

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Caledonia
Top DestinationChina$1.79B

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from New Caledonia than Hungary included Fiji ($511k).

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

Difference in imports from Hungary () and New Caledonia () (2022)

Comparative Advantage New Caledonia - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, New Caledonia had a large net trade with Hungary in the exports of .

During 2017, Hungary had a large net trade with New Caledonia in the exports of Transportation ($1.25M), Machines ($308k), and Miscellaneous ($295k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from New Caledonia () to Hungary () (2022)

Exports from Hungary () to New Caledonia () (2022)

Latest Data

Trade between New Caledonia () and Hungary ()

New Caledonia Exports

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and New Caledonia () (2022)

Comparative Advantage New Caledonia - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Caledonia () and Hungary () (2022)

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