Eritrea (ERI) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Eritrea-Hungary Trade: In 2019, Eritrea exported $100 to Hungary. The main products that Eritrea exported to Hungary were N/A. Over the past 19 years the exports of Eritrea to Hungary have decreased at an annualized rate of 18.6%, from $5k in 2000 to $100 in 2019.

In 2019, Eritrea did not export any services to Hungary.

Hungary-Eritrea Trade: In 2019, Hungary exported $530k to Eritrea. The main products that Hungary exported to Eritrea were Poultry ($501k), Sports Equipment ($14.7k), and Pigs ($11k). Over the past 19 years the exports of Hungary to Eritrea have increased at an annualized rate of 3.09%, from $455k in 2000 to $530k in 2019.

In 2019, Hungary did not export any services to Eritrea.

Comparison In 2022, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Eritrea exported $100 to Hungary. There were not main exports from Eritrea to Hungary in 2019. During the last 19 years the exports of Eritrea to Hungary have decreased at an annualized rate of 18.6%, from $5k in 2000 to $100 in 2019.

In 2017, Hungary exported $530k to Eritrea. The main products exported from Hungary to Eritrea were Poultry ($501k), Sports Equipment ($14.7k), and Pigs ($11k). During the last 5 years the exports of Hungary to Eritrea have increased at an annualized rate of 3.09%, from $455k in 2022 to $530k in 2017.

Exports from Eritrea () to Hungary () (2022)

Exports from Hungary () to Eritrea () (2022)

Latest Data

Trade between Eritrea () and Hungary ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Eritrea
Top DestinationChina$412M

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Eritrea than Hungary included Madagascar ($14.9M).

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

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

Comparative Advantage Eritrea - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Eritrea had a large net trade with Hungary in the exports of .

During 2017, Hungary had a large net trade with Eritrea in the exports of Animal Products ($512k), Miscellaneous ($14.7k), and Animal Hides ($2.25k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Eritrea () to Hungary () (2022)

Exports from Hungary () to Eritrea () (2022)

Latest Data

Trade between Eritrea () and Hungary ()

Hungary Exports

Market Competitiveness

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

Comparative Advantage Eritrea - Hungary

Economic Complexity

Competitive Landscape

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

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