2022
Flag  
GDP
$1.63BCURRENT US$
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2012-2022
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GDP GROWTH
65.1%CURRENT US$
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2022
Flag
 GDP
$179BCURRENT US$
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2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
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2022
Flag
GDP PC 
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186
2022
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GDP PC
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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About

Guinea-Bissau-Hungary Trade: In 2022, Guinea-Bissau exported $1.87k to Hungary. The main products that Guinea-Bissau exported to Hungary were Broadcasting Equipment ($1.74k) and Telephones ($133). Over the past 27 years the exports of Guinea-Bissau to Hungary have decreased at an annualized rate of 6.73%, from $12.3k in 1995 to $1.87k in 2022.

In 2022, Guinea-Bissau did not export any services to Hungary.

Hungary-Guinea-Bissau Trade: In 2022, Hungary exported $15.5k to Guinea-Bissau. The main products that Hungary exported to Guinea-Bissau were Other Office Machines ($15.5k). Over the past 27 years the exports of Hungary to Guinea-Bissau have decreased at an annualized rate of 11.4%,  from $85.2k in 1995 to $15.5k in 2022.

In 2022, Hungary did not export any services to Guinea-Bissau.

Comparison In 2022,  Guinea-Bissau ranked 184 in total exports ($221M), 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
Value

In 2022, Guinea-Bissau exported $1.87k to Hungary. The main products exported from Guinea-Bissau to Hungary were Broadcasting Equipment ($1.74k) and Telephones ($133). During the last 27 years the exports of Guinea-Bissau to Hungary have decreased at an annualized rate of 6.73%, from $12.3k in 1995 to $1.87k in 2022.

In 2017, Hungary exported $15.5k to Guinea-Bissau. The main products exported from Hungary to Guinea-Bissau were Other Office Machines ($15.5k). During the last 5 years the exports of Hungary to Guinea-Bissau have decreased at an annualized rate of 11.4%, from $85.2k in 2022 to $15.5k in 2017.

Exports from Guinea-Bissau (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Guinea-Bissau (Flag) (2022)

Latest Data

Trade between Guinea-Bissau (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Guinea-Bissau
Top Destination
India$203M
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Guinea-Bissau than Hungary included Togo ($4.97M).

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

Difference in imports from Hungary (Flag) and Guinea-Bissau (Flag) (2022)

Comparative Advantage Guinea-Bissau - Hungary

Flow
Scale

This chart compares trade between Guinea-Bissau and Hungary by product, considering products traded by both, Guinea-Bissau and Hungary.

During 2022, Guinea-Bissau had a large net trade with Hungary in the exports of Machines ($1.87k).

During 2017, Hungary had a large net trade with Guinea-Bissau in the exports of Machines ($15.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea-Bissau Hungary+N/AN/A
Top Product Potential Hungary Guinea-Bissau+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Guinea-Bissau (Flag) and Hungary (Flag) (2022)

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