Palestine (PSE) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Palestine-Hungary Trade: In 2022, Palestine exported $139k to Hungary. The main products that Palestine exported to Hungary were Tropical Fruits ($139k). Over the past 9 years the exports of Palestine to Hungary have increased at an annualized rate of 170%, from $18 in 2013 to $139k in 2022.

In 2022, Palestine did not export any services to Hungary.

Hungary-Palestine Trade: In 2022, Hungary exported $24.3M to Palestine. The main products that Hungary exported to Palestine were Other Nitrogen Compounds ($6.43M), Toilet Paper ($6.26M), and Sheep and Goats ($5.24M). Over the past 9 years the exports of Hungary to Palestine have increased at an annualized rate of 37.8%, from $4.89M in 2013 to $24.3M in 2022.

In 2022, Hungary did not export any services to Palestine.

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B), 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 2022, Palestine exported $139k to Hungary. The main products exported from Palestine to Hungary were Tropical Fruits ($139k). During the last 9 years the exports of Palestine to Hungary have increased at an annualized rate of 170%, from $18 in 2013 to $139k in 2022.

In 2017, Hungary exported $24.3M to Palestine. The main products exported from Hungary to Palestine were Other Nitrogen Compounds ($6.43M), Toilet Paper ($6.26M), and Sheep and Goats ($5.24M). During the last 5 years the exports of Hungary to Palestine have increased at an annualized rate of 37.8%, from $4.89M in 2022 to $24.3M in 2017.

Exports from Palestine () to Hungary () (2022)

Exports from Hungary () to Palestine () (2022)

Latest Data

Trade between Palestine () and Hungary ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Palestine than Hungary included Israel ($1.3B) and Jordan ($159M).

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

Difference in imports from Hungary () and Palestine () (2022)

Comparative Advantage Palestine - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Hungary in the exports of Vegetable Products ($139k).

During 2017, Hungary had a large net trade with Palestine in the exports of Chemical Products ($7.14M), Paper Goods ($6.85M), and Animal Products ($6.32M).

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 Palestine and Hungary. This means that a dot/product with the flag of Palestine indicates it has a comparative advantage over Hungary. Similarly, a dot/product with the flag of Hungary indicates it has a comparative advantage over Palestine.

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Historical Data

Bilateral Trade by Products

Exports from Palestine () to Hungary () (2022)

Exports from Hungary () to Palestine () (2022)

Latest Data

Trade between Palestine () and Hungary ()

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Palestine () (2022)

Comparative Advantage Palestine - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palestine () and Hungary () (2022)

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