2022
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GDP
$291BCURRENT US$
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2012-2022
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GDP GROWTH
39.3%CURRENT US$
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2022
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 GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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GDP PC 
$27,638CURRENT US$
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2012-2022
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GDP PC GROWTH
39.1%CURRENT US$
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2022
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GDP PC
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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About

Czechia-Hungary In 2022, Czechia exported $7.87B to Hungary. The main products that Czechia exported to Hungary are Broadcasting Equipment ($1.09B), Motor vehicles; parts and accessories (8701 to 8705) ($762M), and Cars ($520M). During the last 27 years the exports of Czechia to Hungary have increased at an annualized rate of 11.6%, from $404M in 1995 to $7.87B in 2022.

In 2019, Czechia exported services to Hungary worth $509M, with Transportation ($230M), Other business services ($127M), and Travel ($82.4M) being the largest in terms of value.

Hungary-Czechia In 2022, Hungary exported $5.72B to Czechia. The main products that Hungary exported to Czechia were Electric Batteries ($808M), Motor vehicles; parts and accessories (8701 to 8705) ($337M), and Packaged Medicaments ($271M). During the last 27 years the exports of Hungary to Czechia have increased at an annualized rate of 12.6%, from $235M in 1995 to $5.72B in 2022.

In 2020, Hungary exported services to Czechia worth $395M, with Other business services ($146M), Transportation ($107M), and Travel ($88.5M) being the largest in terms of value.

Comparison In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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, Czechia exported $7.87B to Hungary. The main products exported from Czechia to Hungary were Broadcasting Equipment ($1.09B), Motor vehicles; parts and accessories (8701 to 8705) ($762M), and Cars ($520M). During the last 27 years the exports of Czechia to Hungary have increased at an annualized rate of 11.6%, from $404M in 1995 to $7.87B in 2022.

In 2022, Hungary exported $5.72B to Czechia. The main products exported from Hungary to Czechia were Electric Batteries ($808M), Motor vehicles; parts and accessories (8701 to 8705) ($337M), and Packaged Medicaments ($271M). During the last 27 years the exports of Hungary to Czechia have increased at an annualized rate of 12.6%, from $235M in 1995 to $5.72B in 2022.

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

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

Latest Data

Trade between Czechia (Flag) and Hungary (Flag)

Czechia Exports

Hungary Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Hungary
Top Destination
Germany$35.5B

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

In 2021, countries that imported more from Czechia than Hungary were Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2021, countries that imported more from Hungary than Czechia were Romania ($7.94B), Serbia ($3.42B), and Croatia ($3.19B).

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

Comparative Advantage Czechia - Hungary

Flow
Scale

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

During 2022, Czechia had a large net trade with Hungary in the exports of Machines ($3.1B), Transportation ($1.37B), and Metals ($752M).

During 2022, Hungary had a large net trade with Czechia in the exports of Machines ($2.5B), Chemical Products ($696M), and Transportation ($568M).

Service Trade

Bilateral Service Trade

In 2019, Czechia exported services to Hungary worth $509M, with Transportation ($230M), Other business services ($127M), and Travel ($82.4M) being the largest in terms of value.

In 2020, Hungary exported services to Czechia worth $395M, with Other business services ($146M), Transportation ($107M), and Travel ($88.5M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia (Flag) to Hungary (Flag) (2019)

Services Exports from Hungary (Flag) to Czechia (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Czechia has comparative advantage over Hungary. Similarly, the more yellow a dot/product is, the more Hungary has comparative advantage over Czechia.

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

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