Hungary - Trade Openness 2021
159.19%
+4.66% from 2020
Hungary's trade openness was 159.19% in 2021, increased +4.66% from 154.53% in 2020. This was the 162nd highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 4.13% | -58.5% |
| 2nd | United States | 25.61% | 9.4% |
| 3rd | Pakistan | 27.03% | 1.2% |
| 4th | Bangladesh | 27.72% | 5.5% |
| 5th | Egypt, Arab Republic of | 29.86% | -7.1% |
| 6th | Tanzania | 29.92% | 7.0% |
| 7th | Turkmenistan | 33.06% | -8.0% |
| 8th | Argentina | 33.08% | 9.5% |
| 9th | Kenya | 35.00% | 15.1% |
| 10th | China | 36.52% | 7.3% |
| 11th | Cameroon | 36.73% | 8.9% |
| 12th | Japan | 36.74% | 17.2% |
| 13th | Niger | 37.02% | 4.2% |
| 14th | Haiti | 37.05% | -1.0% |
| 15th | Brazil | 37.66% | 16.6% |
| 16th | Colombia | 40.06% | 17.6% |
| 17th | Australia | 40.20% | -9.7% |
| 18th | Indonesia | 40.20% | 21.9% |
| 19th | Sri Lanka | 41.23% | 11.2% |
| 20th | Uganda | 41.71% | 12.7% |
| 21st | Comoros | 42.07% | 24.7% |
| 22nd | Gambia, The | 42.10% | -11.2% |
| 23rd | Sierra Leone | 42.14% | 37.7% |
| 24th | Iran, Islamic Republic of | 42.67% | -2.8% |
| 25th | Nepal | 43.05% | 5.2% |
| 26th | Chad | 43.95% | 8.1% |
| 27th | Zimbabwe | 44.11% | 9.8% |
| 28th | Central African Republic | 44.16% | -10.8% |
| 29th | Malawi | 44.60% | 8.7% |
| 30th | Guinea-Bissau | 44.81% | 4.5% |
| 31st | Côte d'Ivoire | 45.11% | 7.6% |
| 32nd | India | 45.42% | 20.3% |
| 33rd | Algeria | 46.84% | 16.0% |
| 34th | Bolivia, Plurinational State of | 47.67% | 27.1% |
| 35th | Benin | 48.05% | 7.2% |
| 36th | New Zealand | 48.54% | 10.4% |
| 37th | New Caledonia | 49.04% | -10.1% |
| 38th | Guatemala | 49.26% | 19.7% |
| 39th | Russian Federation | 50.59% | 10.0% |
| 40th | Saudi Arabia | 50.88% | 7.0% |
| 41st | Afghanistan | 51.41% | 10.1% |
| 42nd | Dominican Republic | 51.95% | 16.1% |
| 43rd | French Polynesia | 52.98% | 15.6% |
| 44th | Ecuador | 53.26% | 21.1% |
| 45th | Rwanda | 54.29% | -1.6% |
| 46th | Israel | 54.90% | 7.2% |
| 47th | Madagascar | 55.22% | 12.7% |
| 48th | Peru | 55.43% | 25.3% |
| 49th | South Africa | 56.16% | 10.6% |
| 50th | Togo | 56.38% | 2.4% |
| 51st | Mali | 56.72% | 1.2% |
| 52nd | Uzbekistan | 57.46% | 2.5% |
| 53rd | Uruguay | 58.32% | 22.2% |
| 54th | United Kingdom | 58.54% | -1.1% |
| 55th | Kazakhstan | 58.67% | 2.9% |
| 56th | Samoa | 59.77% | -22.9% |
| 57th | Vanuatu | 59.95% | -14.2% |
| 58th | Italy | 60.30% | 11.8% |
| 59th | Syrian Arab Republic | 61.22% | 36.6% |
| 60th | Iraq | 61.50% | 6.5% |
| 61st | Angola | 61.53% | 13.2% |
| 62nd | Guam | 61.84% | -2.9% |
| 63rd | Canada | 62.25% | 1.8% |
| 64th | Burkina Faso | 62.42% | 2.8% |
| 65th | Ghana | 62.71% | -5.8% |
| 66th | Philippines | 63.48% | 9.1% |
| 67th | France | 63.79% | 8.4% |
| 68th | Chile | 64.88% | 11.5% |
| 69th | Bahamas, The | 65.93% | 23.4% |
| 70th | Spain | 66.52% | 11.9% |
| 71st | Solomon Islands | 67.42% | 12.0% |
| 72nd | Tonga | 68.55% | -16.3% |
| 73rd | Senegal | 69.38% | 15.5% |
| 74th | Türkiye | 69.61% | 15.3% |
| 75th | Paraguay | 69.74% | 11.1% |
| 76th | Costa Rica | 70.78% | 17.7% |
| 77th | Norway | 71.22% | 9.0% |
| 78th | Bermuda | 71.41% | 3.2% |
| 79th | Tajikistan | 71.83% | 28.8% |
| 80th | West Bank and Gaza | 73.08% | 8.6% |
| 81st | Kiribati | 74.50% | -5.0% |
| 82nd | Korea | 75.31% | 14.9% |
| 83rd | Congo, Democratic Republic of | 75.39% | 23.5% |
| 84th | Morocco | 75.52% | 9.7% |
| 85th | Albania | 75.59% | 27.0% |
| 86th | Iceland | 76.23% | 11.0% |
| 87th | Azerbaijan | 76.29% | 5.9% |
| 88th | Equatorial Guinea | 76.97% | -1.2% |
| 89th | Cabo Verde | 77.46% | -1.2% |
| 90th | Bhutan | 77.58% | 8.0% |
| 91st | Lebanon | 78.83% | 57.2% |
| 92nd | Northern Mariana Islands | 78.88% | -0.1% |
| 93rd | Somalia, Fed. Rep. | 79.10% | 4.5% |
| 94th | Armenia | 79.25% | 13.0% |
| 95th | Finland | 79.79% | 10.5% |
| 96th | Germany | 79.92% | 9.6% |
| 97th | Cuba | 80.02% | 410.3% |
| 98th | Panama | 80.13% | 16.6% |
| 99th | Jordan | 80.33% | 21.6% |
| 100th | Palau | 81.15% | -21.5% |
| 101st | El Salvador | 81.85% | 23.2% |
| 102nd | Kuwait | 82.00% | 0.0% |
| 103rd | Ukraine | 82.70% | 4.5% |
| 104th | Mexico | 83.07% | 8.1% |
| 105th | Namibia | 83.54% | 8.6% |
| 106th | Greenland | 83.68% | 1.2% |
| 107th | Gabon | 85.35% | 21.7% |
| 108th | Congo, Republic of | 85.55% | 23.4% |
| 109th | Portugal | 85.87% | 12.2% |
| 110th | Zambia | 86.21% | 8.8% |
| 111th | Romania | 87.07% | 11.1% |
| 112th | Micronesia, Federated States of | 87.33% | 2.7% |
| 113th | Greece | 88.01% | 25.2% |
| 114th | Mauritania | 88.31% | 1.8% |
| 115th | Moldova | 88.47% | 11.6% |
| 116th | Botswana | 88.76% | 14.3% |
| 117th | Eswatini | 89.93% | 7.0% |
| 118th | Sweden | 91.11% | 7.9% |
| 119th | European Union | 91.20% | 8.8% |
| 120th | Qatar | 92.78% | 3.1% |
| 121st | Tunisia | 93.63% | 11.0% |
| 122nd | Oman | 95.95% | 4.4% |
| 123rd | Bosnia and Herzegovina | 96.74% | 17.2% |
| 124th | Puerto Rico (US) | 96.75% | -6.5% |
| 125th | Kosovo | 98.64% | 30.5% |
| 126th | Belize | 98.98% | 21.2% |
| 127th | Timor-Leste | 99.86% | 17.8% |
| 128th | Kyrgyz Republic | 100.26% | 26.9% |
| 129th | Antigua and Barbuda | 101.07% | 7.2% |
| 130th | Georgia | 101.60% | 9.4% |
| 131st | Croatia | 102.33% | 14.3% |
| 132nd | Honduras | 103.37% | 17.5% |
| 133rd | Faroe Islands | 103.49% | 7.5% |
| 134th | Montenegro | 105.72% | 20.3% |
| 135th | Nicaragua | 106.21% | 19.8% |
| 136th | Nauru | 110.80% | -17.9% |
| 137th | Poland | 110.87% | 11.7% |
| 138th | Austria | 111.03% | 11.1% |
| 139th | Mozambique | 112.08% | 12.2% |
| 140th | Denmark | 112.32% | 7.6% |
| 141st | Serbia | 112.34% | 12.0% |
| 142nd | Guinea | 115.20% | -0.5% |
| 143rd | Thailand | 117.25% | 19.9% |
| 144th | Mongolia | 119.10% | 5.5% |
| 145th | Marshall Islands | 120.06% | 11.3% |
| 146th | Bulgaria | 121.21% | 9.8% |
| 147th | Switzerland | 130.02% | 6.8% |
| 148th | Malaysia | 134.04% | 14.8% |
| 149th | Mauritius | 135.19% | 11.6% |
| 150th | Belarus | 136.01% | 14.4% |
| 151st | Latvia | 136.80% | 10.4% |
| 152nd | American Samoa | 136.80% | -11.4% |
| 153rd | Czechia | 137.38% | 6.7% |
| 154th | Lesotho | 139.19% | -1.4% |
| 155th | Aruba | 139.92% | 14.0% |
| 156th | Maldives | 142.61% | 24.7% |
| 157th | Cambodia | 146.18% | 19.7% |
| 158th | North Macedonia | 146.72% | 14.4% |
| 159th | Brunei Darussalam | 147.12% | 33.4% |
| 160th | Bahrain | 153.80% | 13.5% |
| 161st | Lithuania | 154.81% | 14.0% |
| 162nd | Hungary | 159.19% | 3.0% |
| 163rd | Estonia | 160.47% | 16.8% |
| 164th | Slovenia | 161.79% | 9.7% |
| 165th | Netherlands | 163.15% | 7.2% |
| 166th | Libya | 164.28% | 222.3% |
| 167th | Macao SAR, China | 171.32% | 38.8% |
| 168th | Cyprus | 176.83% | 10.1% |
| 169th | Belgium | 177.38% | 13.0% |
| 170th | Virgin Islands (US) | 180.30% | 58.7% |
| 171st | Slovak Republic | 181.98% | 8.6% |
| 172nd | United Arab Emirates | 182.91% | 0.9% |
| 173rd | Seychelles | 183.77% | 19.7% |
| 174th | Viet Nam | 186.68% | 14.4% |
| 175th | Malta | 220.17% | -9.2% |
| 176th | Ireland | 231.03% | -10.7% |
| 177th | Djibouti | 263.48% | 16.7% |
| 178th | Singapore | 329.16% | -0.9% |
| 179th | San Marino | 342.47% | 12.3% |
| 180th | Luxembourg | 397.51% | 5.8% |
| 181st | Hong Kong SAR, China | 402.46% | 14.8% |
FAQ
What was Hungary's trade openness in 2021?▾
Hungary's trade openness in 2021 was 159.19%. This ranked 162nd globally.
How did Hungary's trade openness change in 2021?▾
Hungary's trade openness increased by 3.0% in 2021 compared to 2020.
Which country had the highest trade openness in 2021?▾
Hong Kong SAR, China had the highest trade openness in 2021 at 402.46%.
What is the trade openness of Hungary in 2021?▾
The trade openness of Hungary in 2021 was 159.19%. This ranked 162nd globally.
How does 2021 compare to 2020 for Hungary's trade openness?▾
Hungary's trade openness went from 154.53% in 2020 to 159.19% in 2021, a 3.0% increase.
Related
2020
2022
All years
Full ranking 2021
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2022
Lowest: 1993
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Barbados
vs Latvia
vs Croatia
vs Greece
European Union Trade Openness
NATO Trade Openness
OECD Trade Openness
Global Ranking