2022
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
 GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC 
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186
2022
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GDP PC
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
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GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 186

About

Hungary-Cameroon Trade: In 2022, Hungary exported $7.27M to Cameroon. The main products that Hungary exported to Cameroon were Used Clothing ($2.41M), Other Nitrogen Compounds ($1.61M), and Pesticides ($1.47M). Over the past 5 years the exports of Hungary to Cameroon have decreased at an annualized rate of 20.7%, from $23.1M in 2017 to $7.27M in 2022.

In 2022, Hungary did not export any services to Cameroon.

Cameroon-Hungary Trade: In 2022, Cameroon exported $334k to Hungary. The main products that Cameroon exported to Hungary were Broadcasting Equipment ($210k), Rubber ($75.4k), and Air Pumps ($22.4k). Over the past 5 years the exports of Cameroon to Hungary have increased at an annualized rate of 8.19%,  from $164k in 2017 to $334k in 2022.

In 2022, Cameroon did not export any services to Hungary.

Comparison: In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B). That same year, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $7.27M to Cameroon. The main products exported from Hungary to Cameroon were Used Clothing ($2.41M), Other Nitrogen Compounds ($1.61M), and Pesticides ($1.47M). During the last 5 years the exports of Hungary to Cameroon have decreased at an annualized rate of 20.7%, from $23.1M in 2017 to $7.27M in 2022.

In 2017, Cameroon exported $334k to Hungary. The main products exported from Cameroon to Hungary were Broadcasting Equipment ($210k), Rubber ($75.4k), and Air Pumps ($22.4k). During the last 5 years the exports of Cameroon to Hungary have increased at an annualized rate of 8.19%, from $164k in 2022 to $334k in 2017.

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

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

Latest Data

Trade between Hungary (Flag) and Cameroon (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Cameroon
Top Destination
Netherlands$1.31B

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

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

In 2022, countries that imported more from Cameroon than Hungary included India ($974M), Central African Republic ($243M), and Vietnam ($187M).

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

Comparative Advantage Hungary - Cameroon

Flow
Scale

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

During 2022, Hungary had a large net trade with Cameroon in the exports of Chemical Products ($3.29M), Textiles ($2.57M), and Machines ($557k).

During 2017, Cameroon had a large net trade with Hungary in the exports of Machines ($251k), Plastics and Rubbers ($75.4k), and Vegetable Products ($3.89k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Cameroon+$1.1MPesticides
Top Product Potential Cameroon Hungary+$327kTelephones

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

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

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