Ethiopia (ETH) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Ethiopia-Hungary Trade: In 2022, Ethiopia exported $662k to Hungary. The main products that Ethiopia exported to Hungary were Dried Legumes ($459k), Coffee ($101k), and Legumes ($62.8k). Over the past 5 years the exports of Ethiopia to Hungary have decreased at an annualized rate of 2.07%, from $735k in 2017 to $662k in 2022.

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

Hungary-Ethiopia Trade: In 2022, Hungary exported $12.2M to Ethiopia. The main products that Hungary exported to Ethiopia were Pesticides ($4.07M), Other Office Machines ($2.55M), and Aircraft Parts ($1.27M). Over the past 5 years the exports of Hungary to Ethiopia have decreased at an annualized rate of 7.51%, from $18.1M in 2017 to $12.2M in 2022.

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

Comparison: In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). 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 2022, Ethiopia exported $662k to Hungary. The main products exported from Ethiopia to Hungary were Dried Legumes ($459k), Coffee ($101k), and Legumes ($62.8k). During the last 5 years the exports of Ethiopia to Hungary have decreased at an annualized rate of 2.07%, from $735k in 2017 to $662k in 2022.

In 2017, Hungary exported $12.2M to Ethiopia. The main products exported from Hungary to Ethiopia were Pesticides ($4.07M), Other Office Machines ($2.55M), and Aircraft Parts ($1.27M). During the last 5 years the exports of Hungary to Ethiopia have decreased at an annualized rate of 7.51%, from $18.1M in 2022 to $12.2M in 2017.

Exports from Ethiopia () to Hungary () (2022)

Exports from Hungary () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Hungary ()

Ethiopia Exports

Date

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Ethiopia than Hungary included Somalia ($265M), Saudi Arabia ($268M), and Djibouti ($86.8M).

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

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

Comparative Advantage Ethiopia - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Hungary in the exports of Vegetable Products ($629k), Machines ($29.1k), and Precious Metals ($3.99k).

During 2017, Hungary had a large net trade with Ethiopia in the exports of Machines ($5.4M), Chemical Products ($4.18M), and Transportation ($1.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Hungary+$609kDried Legumes

Top Product Potential Hungary Ethiopia+$1.55MTelephones

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Hungary () (2022)

Exports from Hungary () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Hungary ()

Ethiopia Exports

Hungary Exports

Market Competitiveness

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

Comparative Advantage Ethiopia - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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