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Pricing

2022
Flag → Flag
Exports $3.89kRnk 46 / 63
2022
Flag → Flag
Top Product $3.89kBroadcasting Equipment
2022
Flag → Flag
Exports $484kRnk 174 / 205
2022
Flag → Flag
Top Product $257kPoultry Meat
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
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 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC $7,053CURRENT US$
Rnk 90 / 186
2012-2022
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GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186
2022
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GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

Equatorial Guinea-Hungary Trade: In 2022, Equatorial Guinea exported $3.89k to Hungary. The main products that Equatorial Guinea exported to Hungary were Broadcasting Equipment ($3.89k). Over the past 20 years the exports of Equatorial Guinea to Hungary have increased at an annualized rate of 3.39%, from $2k in 2002 to $3.89k in 2022.

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

Hungary-Equatorial Guinea Trade: In 2022, Hungary exported $484k to Equatorial Guinea. The main products that Hungary exported to Equatorial Guinea were Poultry Meat ($257k), Edible Offal ($99.4k), and Other Office Machines ($56k). Over the past 20 years the exports of Hungary to Equatorial Guinea have increased at an annualized rate of 30.3%,  from $129k in 2002 to $484k in 2022.

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

Comparison In 2022,  Equatorial Guinea ranked 108 in total exports ($8.63B), 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, Equatorial Guinea exported $3.89k to Hungary. The main products exported from Equatorial Guinea to Hungary were Broadcasting Equipment ($3.89k). During the last 20 years the exports of Equatorial Guinea to Hungary have increased at an annualized rate of 3.39%, from $2k in 2002 to $3.89k in 2022.

In 2017, Hungary exported $484k to Equatorial Guinea. The main products exported from Hungary to Equatorial Guinea were Poultry Meat ($257k), Edible Offal ($99.4k), and Other Office Machines ($56k). During the last 5 years the exports of Hungary to Equatorial Guinea have increased at an annualized rate of 30.3%, from $129k in 2022 to $484k in 2017.

Exports from Equatorial Guinea (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Equatorial Guinea (Flag) (2022)

Latest Data

Trade between Equatorial Guinea (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationZambia$1.84B
Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Equatorial Guinea than Hungary included Zambia ($1.84B), India ($855M), and Chile ($413M).

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

Difference in imports from Hungary (Flag) and Equatorial Guinea (Flag) (2022)

Comparative Advantage Equatorial Guinea - Hungary

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Hungary in the exports of Machines ($3.89k).

During 2017, Hungary had a large net trade with Equatorial Guinea in the exports of Animal Products ($357k), Machines ($109k), and Textiles ($17.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Hungary+$28.6kTelephones
Top Product Potential Hungary Equatorial Guinea+$238kPoultry Meat

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

Product Space of Equatorial Guinea (Flag) and Hungary (Flag) (2022)

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