2022
Flag  
GDP
$70BCURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP GROWTH
92.9%CURRENT US$
Rnk 16 / 186
2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC 
$2,486CURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP PC GROWTH
50.8%CURRENT US$
Rnk 33 / 186
2022
Flag
GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Cote d'Ivoire-Hungary Trade: In 2022, Cote d'Ivoire exported $49M to Hungary. The main products that Cote d'Ivoire exported to Hungary were Rubber ($48.3M), Chocolate ($352k), and Broadcasting Equipment ($219k). Over the past 5 years the exports of Cote d'Ivoire to Hungary have increased at an annualized rate of 105%, from $1.35M in 2017 to $49M in 2022.

In 2022, Cote d'Ivoire did not export any services to Hungary.

Hungary-Cote d'Ivoire Trade: In 2022, Hungary exported $35.1M to Cote d'Ivoire. The main products that Hungary exported to Cote d'Ivoire were Wadding ($11.3M), Cars ($3.85M), and Decals ($3.67M). Over the past 5 years the exports of Hungary to Cote d'Ivoire have increased at an annualized rate of 16.4%,  from $12.1M in 2017 to $35.1M in 2022.

In 2022, Hungary did not export any services to Cote d'Ivoire.

Comparison: In 2022,  Cote d'Ivoire ranked 117 in the Economic Complexity Index (ECI -1.1), and 81 in total exports ($17.5B). 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, Cote d'Ivoire exported $49M to Hungary. The main products exported from Cote d'Ivoire to Hungary were Rubber ($48.3M), Chocolate ($352k), and Broadcasting Equipment ($219k). During the last 5 years the exports of Cote d'Ivoire to Hungary have increased at an annualized rate of 105%, from $1.35M in 2017 to $49M in 2022.

In 2017, Hungary exported $35.1M to Cote d'Ivoire. The main products exported from Hungary to Cote d'Ivoire were Wadding ($11.3M), Cars ($3.85M), and Decals ($3.67M). During the last 5 years the exports of Hungary to Cote d'Ivoire have increased at an annualized rate of 16.4%, from $12.1M in 2022 to $35.1M in 2017.

Exports from Cote d'Ivoire (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Cote d'Ivoire (Flag) (2022)

Latest Data

Trade between Cote d'Ivoire (Flag) and Hungary (Flag)

Cote d'Ivoire Exports

Hungary Exports

Market Competitiveness

Color
Cote d'Ivoire
Top Destination
Switzerland$1.6B
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Cote d'Ivoire than Hungary included Mali ($1.46B), Burkina Faso ($845M), and Ghana ($685M).

In 2022, countries that imported more from Hungary than Cote d'Ivoire included Germany ($35.5B), Romania ($7.94B), and Italy ($8.02B).

Difference in imports from Hungary (Flag) and Cote d'Ivoire (Flag) (2022)

Comparative Advantage Cote d'Ivoire - Hungary

Flow
Scale

This chart compares trade between Cote d'Ivoire and Hungary by product, considering products traded by both, Cote d'Ivoire and Hungary.

During 2022, Cote d'Ivoire had a large net trade with Hungary in the exports of Plastics and Rubbers ($48.3M), Foodstuffs ($352k), and Machines ($300k).

During 2017, Hungary had a large net trade with Cote d'Ivoire in the exports of Textiles ($12.6M), Paper Goods ($6.92M), and Machines ($6.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cote d'Ivoire Hungary+$581kChocolate
Top Product Potential Hungary Cote d'Ivoire+$4.77MCars

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

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

Product Space of Cote d'Ivoire (Flag) and Hungary (Flag) (2022)

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