Solomon Islands (SLB) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Solomon Islands-Hungary Trade: In 2022, Solomon Islands exported $56.9k to Hungary. The main products that Solomon Islands exported to Hungary were Other Processed Fruits and Nuts ($54.6k) and Integrated Circuits ($2.33k). Over the past 20 years the exports of Solomon Islands to Hungary have increased at an annualized rate of 0.65%, from $50k in 2002 to $56.9k in 2022.

In 2022, Solomon Islands did not export any services to Hungary.

Hungary-Solomon Islands Trade: In 2022, Hungary exported $1.59k to Solomon Islands. The main products that Hungary exported to Solomon Islands were Textiles for technical uses ($1.59k). Over the past 20 years the exports of Hungary to Solomon Islands have increased at an annualized rate of 69.3%, from $114 in 2002 to $1.59k in 2022.

In 2022, Hungary did not export any services to Solomon Islands.

Comparison In 2022, Solomon Islands ranked 171 in total exports ($508M), 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, Solomon Islands exported $56.9k to Hungary. The main products exported from Solomon Islands to Hungary were Other Processed Fruits and Nuts ($54.6k) and Integrated Circuits ($2.33k). During the last 20 years the exports of Solomon Islands to Hungary have increased at an annualized rate of 0.65%, from $50k in 2002 to $56.9k in 2022.

In 2017, Hungary exported $1.59k to Solomon Islands. The main products exported from Hungary to Solomon Islands were Textiles for technical uses ($1.59k). During the last 5 years the exports of Hungary to Solomon Islands have increased at an annualized rate of 69.3%, from $114 in 2022 to $1.59k in 2017.

Exports from Solomon Islands () to Hungary () (2022)

Exports from Hungary () to Solomon Islands () (2022)

Latest Data

Trade between Solomon Islands () and Hungary ()

Hungary Exports

Date

Feb 2016

Oct 2015

Dec 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Solomon Islands
Top DestinationChina$260M

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Solomon Islands than Hungary included Fiji ($1.16M).

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

Difference in imports from Hungary () and Solomon Islands () (2022)

Comparative Advantage Solomon Islands - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Solomon Islands had a large net trade with Hungary in the exports of Foodstuffs ($54.6k) and Machines ($2.33k).

During 2017, Hungary had a large net trade with Solomon Islands in the exports of Textiles ($1.59k).

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 Solomon Islands and Hungary. This means that a dot/product with the flag of Solomon 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 Solomon Islands.

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Historical Data

Bilateral Trade by Products

Exports from Solomon Islands () to Hungary () (2022)

Exports from Hungary () to Solomon Islands () (2022)

Latest Data

Trade between Solomon Islands () and Hungary ()

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Solomon Islands () (2022)

Comparative Advantage Solomon Islands - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Solomon Islands () and Hungary () (2022)

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