Guinea-Bissau (GNB) and Hungary (HUN) Trade | The Observatory of Economic Complexity

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Guinea-Bissau-Hungary Trade: In 2022, Guinea-Bissau exported $1.87k to Hungary. The main products that Guinea-Bissau exported to Hungary were N/A. Over the past 27 years the exports of Guinea-Bissau to Hungary have decreased at an annualized rate of 6.93%, from $13k 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 N/A. Over the past 27 years the exports of Hungary to Guinea-Bissau have decreased at an annualized rate of 28.8%, from $85.2k in 1995 to $15.5k in 2022.

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

Comparison In 2023, Guinea-Bissau ranked 194 in total exports ($109M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea-Bissau exported $1.87k to Hungary. There were not main exports from Guinea-Bissau to Hungary in 2022. During the last 27 years the exports of Guinea-Bissau to Hungary have decreased at an annualized rate of 6.93%, from $13k in 1995 to $1.87k in 2022.

In 2017, Hungary exported $15.5k to Guinea-Bissau. There were not main exports from Hungary to Guinea-Bissau in 2017. During the last 5 years the exports of Hungary to Guinea-Bissau have decreased at an annualized rate of 28.8%, from $85.2k in 2022 to $15.5k in 2017.

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

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

Latest Data

Trade between Guinea-Bissau () and Hungary ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea-Bissau
Top DestinationIndia$72.3M

Hungary
Top DestinationGermany$37.4B

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 2023, countries that imported more from Guinea-Bissau than Hungary included Liberia ($2M).

In 2023, countries that imported more from Hungary than Guinea-Bissau included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

Difference in imports from Hungary () and Guinea-Bissau () (2023)

Comparative Advantage Guinea-Bissau - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 .

During 2017, Hungary had a large net trade with Guinea-Bissau in the exports of .

Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Guinea-Bissau () and Hungary ()

Hungary Exports

Market Competitiveness

Difference in imports from Hungary () and Guinea-Bissau () (2023)

Comparative Advantage Guinea-Bissau - Hungary

Economic Complexity

Competitive Landscape

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

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