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2023
Flag → Flag
Exports $50.1MRnk 77 / 201
2023
Flag → Flag
Top Product $20.8MWadding
2023
Flag → Flag
Exports $42.9MRnk 54 / 162
2023
Flag → Flag
Top Product $41.9MRubber
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
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Economic Complexity (ECI) ECI -1.08Rnk 114 / 132
2023
Flag  
GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
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GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
 GDP$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC $22,142CURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195
2023
Flag
GDP PC$2,531CURRENT US$
Rnk 147 / 196
2013-2023
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GDP PC GROWTH41.7%CURRENT US$
Rnk 59 / 195

About

Hungary-Cote d'Ivoire Trade: In 2023, Hungary exported $50.1M to Cote d'Ivoire. The main products that Hungary exported to Cote d'Ivoire were Wadding ($20.8M), Other Printed Material ($9.7M), and Vaccines, blood, antisera, toxins and cultures ($1.97M). Over the past 5 years the exports of Hungary to Cote d'Ivoire have increased at an annualized rate of 19.7%, from $20.4M in 2018 to $50.1M in 2023.

In 2023, Hungary did not export any services to Cote d'Ivoire.

Cote d'Ivoire-Hungary Trade: In 2023, Cote d'Ivoire exported $42.9M to Hungary. The main products that Cote d'Ivoire exported to Hungary were Rubber ($41.9M), Broadcasting Equipment ($298k), and Processed Fish ($266k). Over the past 5 years the exports of Cote d'Ivoire to Hungary have increased at an annualized rate of 81.4%,  from $2.18M in 2018 to $42.9M in 2023.

In 2023, Cote d'Ivoire did not export any services to Hungary.

Comparison: In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B). That same year, Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $50.1M to Cote d'Ivoire. The main products exported from Hungary to Cote d'Ivoire were Wadding ($20.8M), Other Printed Material ($9.7M), and Vaccines, blood, antisera, toxins and cultures ($1.97M). During the last 5 years the exports of Hungary to Cote d'Ivoire have increased at an annualized rate of 19.7%, from $20.4M in 2018 to $50.1M in 2023.

In 2018, Cote d'Ivoire exported $42.9M to Hungary. The main products exported from Cote d'Ivoire to Hungary were Rubber ($41.9M), Broadcasting Equipment ($298k), and Processed Fish ($266k). During the last 5 years the exports of Cote d'Ivoire to Hungary have increased at an annualized rate of 81.4%, from $2.18M in 2023 to $42.9M in 2018.

Exports from Hungary (Flag) to Cote d'Ivoire (Flag) (2023)

Exports from Cote d'Ivoire (Flag) to Hungary (Flag) (2023)

Latest Data

Trade between Hungary (Flag) and Cote d'Ivoire (Flag)

Hungary Exports

Cote d'Ivoire Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$37.4B
Cote d'Ivoire
Top DestinationSwitzerland$3.88B

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

In 2023, countries that imported more from Hungary than Cote d'Ivoire included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

In 2023, countries that imported more from Cote d'Ivoire than Hungary included Switzerland ($3.88B), Mali ($1.59B), and Burkina Faso ($847M).

Difference in imports from Cote d'Ivoire (Flag) and Hungary (Flag) (2023)

Comparative Advantage Hungary - Cote d'Ivoire

Flow
Scale

This chart compares trade between Hungary and Cote d'Ivoire by product, considering products traded by both, Hungary and Cote d'Ivoire.

During 2023, Hungary had a large net trade with Cote d'Ivoire in the exports of Textiles ($21.3M), Paper Goods ($11.9M), and Machines ($6.45M).

During 2018, Cote d'Ivoire had a large net trade with Hungary in the exports of Plastics and Rubbers ($42M), Machines ($389k), and Foodstuffs ($266k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Cote d'Ivoire+$4.77MCars
Top Product Potential Cote d'Ivoire Hungary+$581kChocolate

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 Cote d'Ivoire. This means that a dot/product with the flag of Hungary indicates it has a comparative advantage over Cote d'Ivoire. Similarly, a dot/product with the flag of Cote d'Ivoire indicates it has a comparative advantage over Hungary.

Product Space of Hungary (Flag) and Cote d'Ivoire (Flag) (2023)

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