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Pricing

2022
Flag → Flag
Exports $392kRnk 176 / 205
2022
Flag → Flag
Top Product $182kMedical Instruments
2022
Flag → Flag
Exports $10Rnk 117 / 117
2022
Flag → Flag
Top Product $9Coffee
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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 GDP$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH31.7%CURRENT US$
Rnk 94 / 186
2022
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GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186
2022
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GDP PC$238CURRENT US$
Rnk 186 / 186
2012-2022
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GDP PC GROWTH0.099%CURRENT US$
Rnk 140 / 186

About

Hungary-Burundi Trade: In 2022, Hungary exported $392k to Burundi. The main products that Hungary exported to Burundi were Medical Instruments ($182k), Cars ($151k), and Electric Generating Sets ($28.3k). Over the past 5 years the exports of Hungary to Burundi have increased at an annualized rate of 2.91%, from $340k in 2017 to $392k in 2022.

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

Burundi-Hungary Trade: In 2022, Burundi exported $10 to Hungary. The main products that Burundi exported to Hungary were Coffee ($9) and Other Mineral ($1). Over the past 5 years the exports of Burundi to Hungary have decreased at an annualized rate of 55.4%,  from $567 in 2017 to $10 in 2022.

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

Comparison In 2022,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.38),  and 35 in total exports ($145B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $392k to Burundi. The main products exported from Hungary to Burundi were Medical Instruments ($182k), Cars ($151k), and Electric Generating Sets ($28.3k). During the last 5 years the exports of Hungary to Burundi have increased at an annualized rate of 2.91%, from $340k in 2017 to $392k in 2022.

In 2017, Burundi exported $10 to Hungary. The main products exported from Burundi to Hungary were Coffee ($9) and Other Mineral ($1). During the last 5 years the exports of Burundi to Hungary have decreased at an annualized rate of 55.4%, from $567 in 2022 to $10 in 2017.

Exports from Hungary (Flag) to Burundi (Flag) (2022)

Exports from Burundi (Flag) to Hungary (Flag) (2022)

Latest Data

Trade between Hungary (Flag) and Burundi (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Burundi
Top DestinationUnited Arab Emirates$59.9M

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

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

In 2022, countries that imported more from Burundi than Hungary included Democratic Republic of the Congo ($25.7M), Tanzania ($7.94M), and Sudan ($9.21M).

Difference in imports from Burundi (Flag) and Hungary (Flag) (2022)

Comparative Advantage Hungary - Burundi

Flow
Scale

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

During 2022, Hungary had a large net trade with Burundi in the exports of Instruments ($183k), Transportation ($161k), and Machines ($38.6k).

During 2017, Burundi had a large net trade with Hungary in the exports of Vegetable Products ($9) and Mineral Products ($1).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Burundi+$344kCars
Top Product Potential Burundi Hungary+$2.9kGold

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

Product Space of Hungary (Flag) and Burundi (Flag) (2022)

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