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
$477BCURRENT US$
Rnk 31 / 186
2012-2022
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GDP GROWTH
70.8%CURRENT US$
Rnk 29 / 186
2022
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GDP PC 
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
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GDP PC GROWTH
40.4%CURRENT US$
Rnk 48 / 186

About

Hungary-Egypt Trade: In 2022, Hungary exported $198M to Egypt. The main products that Hungary exported to Egypt were Cars ($23.1M), Railway Passenger Cars ($17.1M), and Other Nitrogen Compounds ($15.5M). Over the past 5 years the exports of Hungary to Egypt have increased at an annualized rate of 6.23%, from $146M in 2017 to $198M in 2022.

In 2020, Hungary exported services to Egypt worth $13.2M, with Travel ($8.45M), Transportation ($2.28M), and Other business services ($1.6M) being the largest in terms of value.

Egypt-Hungary Trade: In 2022, Egypt exported $93.8M to Hungary. The main products that Egypt exported to Hungary were Propylene Polymers ($11.7M), Insulated Wire ($8.98M), and Raw Plastic Sheeting ($7.68M). Over the past 5 years the exports of Egypt to Hungary have decreased at an annualized rate of 9.13%,  from $152M in 2017 to $93.8M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $198M to Egypt. The main products exported from Hungary to Egypt were Cars ($23.1M), Railway Passenger Cars ($17.1M), and Other Nitrogen Compounds ($15.5M). During the last 5 years the exports of Hungary to Egypt have increased at an annualized rate of 6.23%, from $146M in 2017 to $198M in 2022.

In 2017, Egypt exported $93.8M to Hungary. The main products exported from Egypt to Hungary were Propylene Polymers ($11.7M), Insulated Wire ($8.98M), and Raw Plastic Sheeting ($7.68M). During the last 5 years the exports of Egypt to Hungary have decreased at an annualized rate of 9.13%, from $152M in 2022 to $93.8M in 2017.

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

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

Latest Data

Trade between Hungary (Flag) and Egypt (Flag)

Hungary Exports

Egypt Exports

Market Competitiveness

Color
Hungary
Top Destination
Germany$35.5B
Egypt
Top Destination
Turkey$4.23B

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

In 2022, countries that imported more from Hungary than Egypt included Germany ($35.5B), Romania ($7.94B), and Slovakia ($6.78B).

In 2022, countries that imported more from Egypt than Hungary included Saudi Arabia ($2.35B), Turkey ($4.23B), and India ($2.57B).

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

Comparative Advantage Hungary - Egypt

Flow
Scale

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

During 2022, Hungary had a large net trade with Egypt in the exports of Machines ($59.3M), Transportation ($42.5M), and Chemical Products ($28.1M).

During 2017, Egypt had a large net trade with Hungary in the exports of Machines ($29M), Plastics and Rubbers ($24.1M), and Chemical Products ($14.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Egypt+$32.2MCars
Top Product Potential Egypt Hungary+$10.7MInsulated Wire

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

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

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