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2022
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Exports $7.58MRnk 108 / 205
2022
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Top Product $1.65MCars
2022
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Exports $203kRnk 111 / 160
2022
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Top Product $193kBroadcasting Equipment
2022
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Economic Complexity (ECI) ECI 1.36Rnk 13 / 124
2022
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Economic Complexity (ECI) ECI -0.48Rnk 83 / 124
2022
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GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH38.8%CURRENT US$
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2022
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 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
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GDP GROWTH56.8%CURRENT US$
Rnk 44 / 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$1,599CURRENT US$
Rnk 154 / 186
2012-2022
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GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Hungary-Senegal In 2022, Hungary exported $7.58M to Senegal. The main products that Hungary exported to Senegal are Cars ($1.65M), Scented Mixtures ($1.29M), and Used Clothing ($1.04M). During the last 27 years the exports of Hungary to Senegal have increased at an annualized rate of 11.8%, from $377k in 1995 to $7.58M in 2022.

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

Senegal-Hungary In 2022, Senegal exported $203k to Hungary. The main products that Senegal exported to Hungary were Broadcasting Equipment ($193k), Rubberworking Machinery ($7k), and Office Machine Parts ($637). During the last 27 years the exports of Senegal to Hungary have increased at an annualized rate of 17.1%, from $2.89k in 1995 to $203k in 2022.

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

Comparison In 2022,  Hungary ranked 13 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($145B). That same year, Senegal ranked 83 in the Economic Complexity Index (ECI -0.48), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $7.58M to Senegal. The main products exported from Hungary to Senegal were Cars ($1.65M), Scented Mixtures ($1.29M), and Used Clothing ($1.04M). During the last 27 years the exports of Hungary to Senegal have increased at an annualized rate of 11.8%, from $377k in 1995 to $7.58M in 2022.

In 2022, Senegal exported $203k to Hungary. The main products exported from Senegal to Hungary were Broadcasting Equipment ($193k), Rubberworking Machinery ($7k), and Office Machine Parts ($637). During the last 27 years the exports of Senegal to Hungary have increased at an annualized rate of 17.1%, from $2.89k in 1995 to $203k in 2022.

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

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

Latest Data

Trade between Hungary (Flag) and Senegal (Flag)

Hungary Exports

Senegal Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Senegal
Top DestinationMali$1.13B

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

In 2021, countries that imported more from Hungary than Senegal were Germany ($35.5B), Romania ($7.94B), and Italy ($8.02B).

In 2021, countries that imported more from Senegal than Hungary were Mali ($1.13B), India ($1B), and Guinea ($182M).

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

Comparative Advantage Hungary - Senegal

Flow
Scale

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

During 2022, Hungary had a large net trade with Senegal in the exports of Transportation ($2.23M), Chemical Products ($2.17M), and Machines ($1.21M).

During 2022, Senegal had a large net trade with Hungary in the exports of Machines ($202k), Transportation ($1.05k), and Paper Goods ($111).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hungary has comparative advantage over Senegal. Similarly, the more yellow a dot/product is, the more Senegal has comparative advantage over Hungary.

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

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