Tunisia (TUN) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Tunisia-Hungary Trade: In 2023, Tunisia exported $140M to Hungary. The main products that Tunisia exported to Hungary were Insulated Wire ($115M), Other Aluminium Products ($2.95M), and Printed Circuit Boards ($2.69M). Over the past 5 years the exports of Tunisia to Hungary have increased at an annualized rate of 21.1%, from $53.8M in 2018 to $140M in 2023.

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

Hungary-Tunisia Trade: In 2023, Hungary exported $137M to Tunisia. The main products that Hungary exported to Tunisia were Insulated Wire ($23.1M), Wheat ($18.6M), and Barley ($10.3M). Over the past 5 years the exports of Hungary to Tunisia have increased at an annualized rate of 2.46%, from $122M in 2018 to $137M in 2023.

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

Comparison: In 2023, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Tunisia exported $140M to Hungary. The main products exported from Tunisia to Hungary were Insulated Wire ($115M), Other Aluminium Products ($2.95M), and Printed Circuit Boards ($2.69M). During the last 5 years the exports of Tunisia to Hungary have increased at an annualized rate of 21.1%, from $53.8M in 2018 to $140M in 2023.

In 2018, Hungary exported $137M to Tunisia. The main products exported from Hungary to Tunisia were Insulated Wire ($23.1M), Wheat ($18.6M), and Barley ($10.3M). During the last 5 years the exports of Hungary to Tunisia have increased at an annualized rate of 2.46%, from $122M in 2023 to $137M in 2018.

Exports from Tunisia () to Hungary () (2023)

Exports from Hungary () to Tunisia () (2023)

Latest Data

Trade between Tunisia () and Hungary ()

Tunisia Exports

Date

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tunisia
Top DestinationFrance$5.19B

Hungary
Top DestinationGermany$37.4B

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

In 2023, countries that imported more from Tunisia than Hungary included Libya ($847M), Algeria ($387M), and Nigeria ($129M).

In 2023, countries that imported more from Hungary than Tunisia included Germany ($37.4B), Romania ($8.43B), and United States ($7.66B).

Difference in imports from Hungary () and Tunisia () (2023)

Comparative Advantage Tunisia - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tunisia had a large net trade with Hungary in the exports of Machines ($125M), Metals ($4.92M), and Plastics and Rubbers ($3.07M).

During 2018, Hungary had a large net trade with Tunisia in the exports of Machines ($55.3M), Vegetable Products ($29.1M), and Plastics and Rubbers ($13.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tunisia Hungary+$4.26MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Hungary Tunisia+$9.54MCars

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Tunisia () to Hungary () (2023)

Exports from Hungary () to Tunisia () (2023)

Latest Data

Trade between Tunisia () and Hungary ()

Tunisia Exports

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Tunisia () (2023)

Comparative Advantage Tunisia - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tunisia () and Hungary () (2023)

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