Sign In
Pricing

2022
Flag → Flag
Exports $649MRnk 44 / 152
2022
Flag → Flag
Exports $139MRnk 58 / 205
2022
Flag → Flag
Top Product $19.9MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Vietnam-Hungary Trade: In 2022, Vietnam exported $649M to Hungary. The main products that Vietnam exported to Hungary were N/A. Over the past 5 years the exports of Vietnam to Hungary have increased at an annualized rate of 14.3%, from $333M in 2017 to $649M in 2022.

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

Hungary-Vietnam Trade: In 2022, Hungary exported $139M to Vietnam. The main products that Hungary exported to Vietnam were Packaged Medicaments ($19.9M), Electric Motors ($6.04M), and Bird Feathers and Skins ($4.41M). Over the past 5 years the exports of Hungary to Vietnam have increased at an annualized rate of 1.34%,  from $117M in 2017 to $139M in 2022.

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

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $649M to Hungary. There were not main exports from Vietnam to Hungary in 2022. During the last 5 years the exports of Vietnam to Hungary have increased at an annualized rate of 14.3%, from $333M in 2017 to $649M in 2022.

In 2017, Hungary exported $139M to Vietnam. The main products exported from Hungary to Vietnam were Packaged Medicaments ($19.9M), Electric Motors ($6.04M), and Bird Feathers and Skins ($4.41M). During the last 5 years the exports of Hungary to Vietnam have increased at an annualized rate of 1.34%, from $117M in 2022 to $139M in 2017.

Exports from Vietnam (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Vietnam than Hungary included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Difference in imports from Hungary (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - Hungary

Flow
Scale

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

During 2022, Vietnam had a large net trade with Hungary in the exports of Machines ($441M), Instruments ($71.2M), and Metals ($31.9M).

During 2017, Hungary had a large net trade with Vietnam in the exports of Machines ($54.9M), Chemical Products ($28.1M), and Animal Products ($14.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Hungary+$42.2MTelephones
Top Product Potential Hungary Vietnam+$17.6MPackaged Medicaments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Vietnam (Flag) and Hungary (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms