2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 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 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 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

Saudi Arabia-Hungary Trade: In 2022, Saudi Arabia exported $98.6M to Hungary. The main products that Saudi Arabia exported to Hungary were N/A. Over the past 5 years the exports of Saudi Arabia to Hungary have increased at an annualized rate of 66.7%, from $7.65M in 2017 to $98.6M in 2022.

In 2022, Saudi Arabia did not export any services to Hungary.

Hungary-Saudi Arabia Trade: In 2022, Hungary exported $154M to Saudi Arabia. The main products that Hungary exported to Saudi Arabia were Cars ($21.9M), Cheese ($16.1M), and Vaccines, blood, antisera, toxins and cultures ($14M). Over the past 5 years the exports of Hungary to Saudi Arabia have decreased at an annualized rate of 7.21%,  from $223M in 2017 to $154M in 2022.

In 2022, Hungary did not export any services to Saudi Arabia.

Comparison In N/A,  Saudi Arabia ranked N/A in total exports (N/A). That same year, Hungary ranked N/A in total exports (N/A). Both countries does not have data related to Economic Complexity Index.

Historical Data

Latest Data

Trade between Saudi Arabia (Flag) and Hungary (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
N/AN/A
Hungary
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Hungary (Flag) and Saudi Arabia (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Hungary+$74.2MCrude Petroleum
Top Product Potential Hungary Saudi Arabia+$44.2MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Hungary (Flag) (NaN)

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