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Pricing

2023
Flag → Flag
Exports $3.84MRnk 126 / 201
2023
Flag → Flag
Top Product $1.34MRubber Pipes
2023
Flag → Flag
Exports $23.2kRnk 74 / 107
2023
Flag → Flag
Top Product $20.4kBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.73Rnk 128 / 132
2023
Flag  
GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
 GDP$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH-14.7%CURRENT US$
Rnk 186 / 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$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH-33%CURRENT US$
Rnk 188 / 195

About

Hungary-Republic of the Congo Trade: In 2023, Hungary exported $3.84M to Republic of the Congo. The main products that Hungary exported to Republic of the Congo were Rubber Pipes ($1.34M), Pig Meat ($690k), and Edible Offal ($344k). Over the past 5 years the exports of Hungary to Republic of the Congo have increased at an annualized rate of 8.05%, from $2.61M in 2018 to $3.84M in 2023.

In 2023, Hungary did not export any services to Republic of the Congo.

Republic of the Congo-Hungary Trade: In 2023, Republic of the Congo exported $23.2k to Hungary. The main products that Republic of the Congo exported to Hungary were Broadcasting Equipment ($20.4k), Telephones ($2.35k), and Electrical Control Boards ($206). Over the past 5 years the exports of Republic of the Congo to Hungary have decreased at an annualized rate of 47.6%,  from $589k in 2018 to $23.2k in 2023.

In 2023, Republic of the Congo 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, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hungary exported $3.84M to Republic of the Congo. The main products exported from Hungary to Republic of the Congo were Rubber Pipes ($1.34M), Pig Meat ($690k), and Edible Offal ($344k). During the last 5 years the exports of Hungary to Republic of the Congo have increased at an annualized rate of 8.05%, from $2.61M in 2018 to $3.84M in 2023.

In 2018, Republic of the Congo exported $23.2k to Hungary. The main products exported from Republic of the Congo to Hungary were Broadcasting Equipment ($20.4k), Telephones ($2.35k), and Electrical Control Boards ($206). During the last 5 years the exports of Republic of the Congo to Hungary have decreased at an annualized rate of 47.6%, from $589k in 2023 to $23.2k in 2018.

Exports from Hungary (Flag) to Republic of the Congo (Flag) (2023)

Exports from Republic of the Congo (Flag) to Hungary (Flag) (2023)

Latest Data

Trade between Hungary (Flag) and Republic of the Congo (Flag)

Hungary Exports

Republic of the Congo Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$37.4B
Republic of the Congo
Top DestinationChina$5.45B

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

In 2023, countries that imported more from Hungary than Republic of the Congo included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

In 2023, countries that imported more from Republic of the Congo than Hungary included China ($5.45B), United Arab Emirates ($2.7B), and Saudi Arabia ($644M).

Difference in imports from Republic of the Congo (Flag) and Hungary (Flag) (2023)

Comparative Advantage Hungary - Republic of the Congo

Flow
Scale

This chart compares trade between Hungary and Republic of the Congo by product, considering products traded by both, Hungary and Republic of the Congo.

During 2023, Hungary had a large net trade with Republic of the Congo in the exports of Plastics and Rubbers ($1.36M), Animal Products ($1.15M), and Machines ($398k).

During 2018, Republic of the Congo had a large net trade with Hungary in the exports of Machines ($23.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Republic of the Congo+$187kPoultry Meat
Top Product Potential Republic of the Congo Hungary+$118kTelephones

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

Product Space of Hungary (Flag) and Republic of the Congo (Flag) (2023)

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