2022
Flag  
GDP
$45.6BCURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP GROWTH
66.8%CURRENT US$
Rnk 32 / 186
2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC 
$964CURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Uganda-Hungary Trade: In 2022, Uganda exported $2M to Hungary. The main products that Uganda exported to Hungary were Knit Women's Undergarments ($632k), Knit Men's Undergarments ($445k), and Other live plants, cuttings and slips; mushroom spawn ($231k). Over the past 5 years the exports of Uganda to Hungary have increased at an annualized rate of 19.2%, from $830k in 2017 to $2M in 2022.

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

Hungary-Uganda Trade: In 2022, Hungary exported $9.07M to Uganda. The main products that Hungary exported to Uganda were Petroleum Jelly ($3.82M), Computers ($2.11M), and Medical Instruments ($1.03M). Over the past 5 years the exports of Hungary to Uganda have increased at an annualized rate of 8.57%,  from $6.01M in 2017 to $9.07M in 2022.

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

Comparison: In 2022,  Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uganda exported $2M to Hungary. The main products exported from Uganda to Hungary were Knit Women's Undergarments ($632k), Knit Men's Undergarments ($445k), and Other live plants, cuttings and slips; mushroom spawn ($231k). During the last 5 years the exports of Uganda to Hungary have increased at an annualized rate of 19.2%, from $830k in 2017 to $2M in 2022.

In 2017, Hungary exported $9.07M to Uganda. The main products exported from Hungary to Uganda were Petroleum Jelly ($3.82M), Computers ($2.11M), and Medical Instruments ($1.03M). During the last 5 years the exports of Hungary to Uganda have increased at an annualized rate of 8.57%, from $6.01M in 2022 to $9.07M in 2017.

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

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

Latest Data

Trade between Uganda (Flag) and Hungary (Flag)

Uganda Exports

Hungary Exports

Market Competitiveness

Color
Uganda
Top Destination
United Arab Emirates$1.22B
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Uganda than Hungary included United Arab Emirates ($1.22B), Kenya ($312M), and Tanzania ($135M).

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

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

Comparative Advantage Uganda - Hungary

Flow
Scale

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

During 2022, Uganda had a large net trade with Hungary in the exports of Textiles ($1.15M), Vegetable Products ($479k), and Machines ($203k).

During 2017, Hungary had a large net trade with Uganda in the exports of Mineral Products ($3.82M), Machines ($3.04M), and Instruments ($1.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uganda Hungary+$363kCoffee
Top Product Potential Hungary Uganda+$1.8MComputers

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

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

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