Hungary (HUN) and Gabon (GAB) Trade | The Observatory of Economic Complexity

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Hungary-Gabon Trade: In 2022, Hungary exported $1.38M to Gabon. The main products that Hungary exported to Gabon were Pig Meat ($584k), Poultry Meat ($302k), and Used Clothing ($131k). Over the past 5 years the exports of Hungary to Gabon have decreased at an annualized rate of 17.7%, from $3.67M in 2017 to $1.38M in 2022.

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

Gabon-Hungary Trade: In 2022, Gabon exported $42.7k to Hungary. The main products that Gabon exported to Hungary were Soil Preparation Machinery ($33.1k), Broadcasting Equipment ($8.76k), and Air Pumps ($420). Over the past 5 years the exports of Gabon to Hungary have decreased at an annualized rate of 51.9%, from $1.65M in 2017 to $42.7k in 2022.

In 2022, Gabon 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, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $1.38M to Gabon. The main products exported from Hungary to Gabon were Pig Meat ($584k), Poultry Meat ($302k), and Used Clothing ($131k). During the last 5 years the exports of Hungary to Gabon have decreased at an annualized rate of 17.7%, from $3.67M in 2017 to $1.38M in 2022.

In 2017, Gabon exported $42.7k to Hungary. The main products exported from Gabon to Hungary were Soil Preparation Machinery ($33.1k), Broadcasting Equipment ($8.76k), and Air Pumps ($420). During the last 5 years the exports of Gabon to Hungary have decreased at an annualized rate of 51.9%, from $1.65M in 2022 to $42.7k in 2017.

Exports from Hungary () to Gabon () (2022)

Exports from Gabon () to Hungary () (2022)

Latest Data

Trade between Hungary () and Gabon ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Gabon
Top DestinationChina$3.4B

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

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

In 2022, countries that imported more from Gabon than Hungary included China ($3.4B), Indonesia ($394M), and Malaysia ($299M).

Difference in imports from Gabon () and Hungary () (2022)

Comparative Advantage Hungary - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Gabon in the exports of Animal Products ($902k), Textiles ($131k), and Plastics and Rubbers ($122k).

During 2017, Gabon had a large net trade with Hungary in the exports of Machines ($42.7k) and Metals ($21).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Gabon+$353kPoultry Meat

Top Product Potential Gabon Hungary+$21.1kTelephones

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Gabon () (2022)

Exports from Gabon () to Hungary () (2022)

Latest Data

Trade between Hungary () and Gabon ()

Hungary Exports

Market Competitiveness

Difference in imports from Gabon () and Hungary () (2022)

Comparative Advantage Hungary - Gabon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hungary () and Gabon () (2022)

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