2023
Flag
 GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC
$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195

About

Eritrea-Hungary Trade: In 2019, Eritrea exported $100 to Hungary. The main products that Eritrea exported to Hungary were N/A. Over the past 19 years the exports of Eritrea to Hungary have decreased at an annualized rate of 18.6%, from $5k in 2000 to $100 in 2019.

In 2019, Eritrea did not export any services to Hungary.

Hungary-Eritrea Trade: In 2019, Hungary exported $530k to Eritrea. The main products that Hungary exported to Eritrea were N/A. Over the past 19 years the exports of Hungary to Eritrea have increased at an annualized rate of 3.09%,  from $455k in 2000 to $530k in 2019.

In 2019, Hungary did not export any services to Eritrea.

Comparison In 2023,  Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Eritrea exported $100 to Hungary. There were not main exports from Eritrea to Hungary in 2019. During the last 19 years the exports of Eritrea to Hungary have decreased at an annualized rate of 18.6%, from $5k in 2000 to $100 in 2019.

In 2017, Hungary exported $530k to Eritrea. There were not main exports from Hungary to Eritrea in 2017. During the last 5 years the exports of Hungary to Eritrea have increased at an annualized rate of 3.09%, from $455k in 2022 to $530k in 2017.

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

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

Latest Data

Trade between Eritrea (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Eritrea
Top Destination
N/AN/A
Hungary
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Hungary (Flag) and Eritrea (Flag) (2023)

Comparative Advantage Eritrea - Hungary

Flow
Scale

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

During 2019, Eritrea had a large net trade with Hungary in the exports of .

During 2017, Hungary had a large net trade with Eritrea in the exports of .

Economic Complexity

Competitive Landscape

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

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

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