Flag Hungary / Senegal Flag

2021
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Exports
: $9.51M, Rnk 108 / 203

2021
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Top Product
: $3.38M, Scented Mixtures

2021
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Exports
: $8.78M, Rnk 42 / 156

2021
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Top Product
: $8.78M, Broadcasting Equipment

2021
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Economic Complexity (ECI)
: ECI 1.36, Rnk 14 / 131

2021
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Economic Complexity (ECI)
: ECI -0.59, Rnk 88 / 131

2021
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GDP
: $182B, CURRENT US$
Rnk 53 / 182

2011-2021
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GDP GROWTH
: 28.4%, CURRENT US$
Rnk 90 / 182

2021
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 GDP
: $27.6B, CURRENT US$
Rnk 100 / 182

2011-2021
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GDP GROWTH
: 55.1%, CURRENT US$
Rnk 46 / 182

2021
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GDP PC 
: $18,773, CURRENT US$
Rnk 45 / 182

2011-2021
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GDP PC GROWTH
: 31.8%, CURRENT US$
Rnk 56 / 182

2021
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GDP PC
: $1,606, CURRENT US$
Rnk 148 / 182

2011-2021
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GDP PC GROWTH
: 17.5%, CURRENT US$
Rnk 79 / 182

Hungary-Senegal In 2021, Hungary exported $9.51M to Senegal. The main products that Hungary exported to Senegal are Scented Mixtures ($3.38M), Rubber Pipes ($1.52M), and Other Uncoated Paper ($945k). During the last 26 years the exports of Hungary to Senegal have increased at an annualized rate of 13.2%, from $377k in 1995 to $9.51M in 2021.

In 2021, Hungary did not export any services to Senegal.

Senegal-Hungary In 2021, Senegal exported $8.78M to Hungary. The main products that Senegal exported to Hungary were Broadcasting Equipment ($8.78M), Office Machine Parts ($2.33k), and Electrical Control Boards ($144). During the last 26 years the exports of Senegal to Hungary have increased at an annualized rate of 36.2%, from $2.85k in 1995 to $8.78M in 2021.

In 2021, Senegal did not export any services to Hungary.

Comparison In 2021,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($137B). That same year, Senegal ranked 88 in the Economic Complexity Index (ECI -0.59), and 117 in total exports ($5.25B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Hungary exported $9.51M to Senegal. The main products exported from Hungary to Senegal were Scented Mixtures ($3.38M), Rubber Pipes ($1.52M), and Other Uncoated Paper ($945k). During the last 26 years the exports of Hungary to Senegal have increased at an annualized rate of 13.2%, from $377k in 1995 to $9.51M in 2021.

In 2021, Senegal exported $8.78M to Hungary. The main products exported from Senegal to Hungary were Broadcasting Equipment ($8.78M), Office Machine Parts ($2.33k), and Electrical Control Boards ($144). During the last 26 years the exports of Senegal to Hungary have increased at an annualized rate of 36.2%, from $2.85k in 1995 to $8.78M in 2021.

Hungary Exports

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Senegal Exports

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Market Competitiveness

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Color

Hungary
Top Destination
: Germany, $35.7B

Senegal
Top Destination
: Mali, $1.05B

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 ($35.7B), Italy ($7.7B), and Romania ($7.25B).

In 2021, countries that imported more from Senegal than Hungary were Mali ($1.05B), Cote d'Ivoire ($217M), and Gambia ($178M).

Comparative Advantage Hungary - Senegal

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Flow
Scale

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

During 2021, Hungary had a large net trade with Senegal in the exports of Chemical Products ($4.32M), Plastics and Rubbers ($1.73M), and Machines ($1.13M).

During 2021, Senegal had a large net trade with Hungary in the exports of Machines ($8.78M), Textiles ($20), and Foodstuffs ($3).

Economic Complexity

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Competitive Landscape

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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.