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Pricing

2022
Flag → Flag
Exports $484kRnk 174 / 205
2022
Flag → Flag
Top Product $257kPoultry Meat
2022
Flag → Flag
Exports $413kRnk 46 / 63
2022
Flag → Flag
Top Product $3.89kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
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GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
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GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186
2022
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GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
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GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

Hungary-Equatorial Guinea Trade: In 2022, Hungary exported $484k to Equatorial Guinea. The main products that Hungary exported to Equatorial Guinea were Poultry Meat ($257k), Edible Offal ($99.4k), and Other Office Machines ($56k). Over the past 5 years the exports of Hungary to Equatorial Guinea have increased at an annualized rate of 30.3%, from $129k in 2017 to $484k in 2022.

In 2022, Hungary did not export any services to Equatorial Guinea.

Equatorial Guinea-Hungary In N/A, Equatorial Guinea did not export any products to Hungary.

In 2022, Equatorial Guinea 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, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $484k to Equatorial Guinea. The main products exported from Hungary to Equatorial Guinea were Poultry Meat ($257k), Edible Offal ($99.4k), and Other Office Machines ($56k). During the last 5 years the exports of Hungary to Equatorial Guinea have increased at an annualized rate of 30.3%, from $129k in 2017 to $484k in 2022.

Equatorial Guinea does not register exports to Hungary. The main products exported from Equatorial Guinea to Hungary were Broadcasting Equipment ($3.89k).

Exports from Hungary (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Hungary (Flag) (2022)

Latest Data

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

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Equatorial Guinea
Top DestinationZambia$1.84B

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

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

In 2022, countries that imported more from Equatorial Guinea than Hungary included Zambia ($1.84B), India ($855M), and Chile ($413M).

Difference in imports from Equatorial Guinea (Flag) and Hungary (Flag) (2022)

Comparative Advantage Hungary - Equatorial Guinea

Flow
Scale

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

During 2022, Hungary had a large net trade with Equatorial Guinea in the exports of Animal Products ($357k), Machines ($109k), and Textiles ($17.7k).

Potential Exports

Potential Exports

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

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

Product Space of Hungary (Flag) and Equatorial Guinea (Flag) (2022)

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