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2022
Flag → Flag
Exports $895MRnk 36 / 210
2022
Flag → Flag
Top Product $117MOffice Machine Parts
2022
Flag → Flag
Exports $432MRnk 39 / 205
2022
Flag → Flag
Top Product $99.5MElectric Generating Sets
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Chinese Taipei-Hungary Trade: In 2022, Chinese Taipei exported $895M to Hungary. The main products that Chinese Taipei exported to Hungary were Office Machine Parts ($117M), Bi-Wheel Vehicle Parts ($114M), and Integrated Circuits ($109M). Over the past 5 years the exports of Chinese Taipei to Hungary have increased at an annualized rate of 7.29%, from $630M in 2017 to $895M in 2022.

In 2022, Chinese Taipei did not export any services to Hungary.

Hungary-Chinese Taipei Trade: In 2022, Hungary exported $432M to Chinese Taipei. The main products that Hungary exported to Chinese Taipei were Electric Generating Sets ($99.5M), Electric Motors ($77.2M), and Cars ($48.9M). Over the past 5 years the exports of Hungary to Chinese Taipei have increased at an annualized rate of 11.9%,  from $246M in 2017 to $432M in 2022.

In 2022, Hungary did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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
Value

In 2022, Chinese Taipei exported $895M to Hungary. The main products exported from Chinese Taipei to Hungary were Office Machine Parts ($117M), Bi-Wheel Vehicle Parts ($114M), and Integrated Circuits ($109M). During the last 5 years the exports of Chinese Taipei to Hungary have increased at an annualized rate of 7.29%, from $630M in 2017 to $895M in 2022.

In 2017, Hungary exported $432M to Chinese Taipei. The main products exported from Hungary to Chinese Taipei were Electric Generating Sets ($99.5M), Electric Motors ($77.2M), and Cars ($48.9M). During the last 5 years the exports of Hungary to Chinese Taipei have increased at an annualized rate of 11.9%, from $246M in 2022 to $432M in 2017.

Exports from Chinese Taipei (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Chinese Taipei than Hungary included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Hungary than Chinese Taipei included Germany ($35.5B), Romania ($7.94B), and Slovakia ($6.78B).

Difference in imports from Hungary (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Hungary

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Hungary in the exports of Machines ($671M), Transportation ($136M), and Metals ($36.9M).

During 2017, Hungary had a large net trade with Chinese Taipei in the exports of Machines ($302M), Transportation ($63M), and Instruments ($21.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Hungary (Flag) (2022)

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