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Pricing

2023
Flag → Flag
Exports $1.52kRnk 66 / 76
2023
Flag → Flag
Top Product $1.52kBroadcasting Equipment
2023
Flag → Flag
Exports $757kRnk 161 / 201
2023
Flag → Flag
Top Product $414kPetroleum Coke
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag  
GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC $6,678CURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195

About

Equatorial Guinea-Hungary Trade: In 2023, Equatorial Guinea exported $1.52k to Hungary. The main products that Equatorial Guinea exported to Hungary were Broadcasting Equipment ($1.52k). Over the past 16 years the exports of Equatorial Guinea to Hungary have decreased at an annualized rate of 11.6%, from $11k in 2007 to $1.52k in 2023.

In 2023, Equatorial Guinea did not export any services to Hungary.

Hungary-Equatorial Guinea Trade: In 2023, Hungary exported $757k to Equatorial Guinea. The main products that Hungary exported to Equatorial Guinea were Petroleum Coke ($414k), Video and Card Games ($189k), and Poultry Meat ($79.3k). Over the past 16 years the exports of Hungary to Equatorial Guinea have increased at an annualized rate of 48.3%,  from $105k in 2007 to $757k in 2023.

In 2023, Hungary did not export any services to Equatorial Guinea.

Comparison In 2023,  Equatorial Guinea ranked 127 in total exports ($5.13B), 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 2023, Equatorial Guinea exported $1.52k to Hungary. The main products exported from Equatorial Guinea to Hungary were Broadcasting Equipment ($1.52k). During the last 16 years the exports of Equatorial Guinea to Hungary have decreased at an annualized rate of 11.6%, from $11k in 2007 to $1.52k in 2023.

In 2018, Hungary exported $757k to Equatorial Guinea. The main products exported from Hungary to Equatorial Guinea were Petroleum Coke ($414k), Video and Card Games ($189k), and Poultry Meat ($79.3k). During the last 5 years the exports of Hungary to Equatorial Guinea have increased at an annualized rate of 48.3%, from $105k in 2023 to $757k in 2018.

Exports from Equatorial Guinea (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Equatorial Guinea (Flag) (2023)

Latest Data

Trade between Equatorial Guinea (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationChina$1.37B
Hungary
Top DestinationGermany$37.4B

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

In 2023, countries that imported more from Equatorial Guinea than Hungary included Chile ($137M), Indonesia ($161M), and El Salvador ($27M).

In 2023, countries that imported more from Hungary than Equatorial Guinea included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

Difference in imports from Hungary (Flag) and Equatorial Guinea (Flag) (2023)

Comparative Advantage Equatorial Guinea - Hungary

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Hungary in the exports of Machines ($1.52k).

During 2018, Hungary had a large net trade with Equatorial Guinea in the exports of Mineral Products ($414k), Miscellaneous ($189k), and Animal Products ($79.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Hungary+$28.6kTelephones
Top Product Potential Hungary Equatorial Guinea+$238kPoultry Meat

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 Equatorial Guinea and Hungary. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Hungary. Similarly, a dot/product with the flag of Hungary indicates it has a comparative advantage over Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and Hungary (Flag) (2023)

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