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Pricing

2022
Flag → Flag
Exports $1.59MRnk 144 / 205
2022
Flag → Flag
Top Product $442kUsed Clothing
2022
Flag → Flag
Exports $56kRnk 67 / 109
2022
Flag → Flag
Top Product $52.5kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Hungary-Republic of the Congo Trade: In 2022, Hungary exported $1.59M to Republic of the Congo. The main products that Hungary exported to Republic of the Congo were Used Clothing ($442k), Cereal Meal and Pellets ($416k), and Edible Offal ($391k). Over the past 5 years the exports of Hungary to Republic of the Congo have decreased at an annualized rate of 15.7%, from $3.74M in 2017 to $1.59M in 2022.

In 2022, Hungary did not export any services to Republic of the Congo.

Republic of the Congo-Hungary Trade: In 2022, Republic of the Congo exported $56k to Hungary. The main products that Republic of the Congo exported to Hungary were Broadcasting Equipment ($52.5k), Radioactive Chemicals ($1.95k), and Basketwork ($677). Over the past 5 years the exports of Republic of the Congo to Hungary have decreased at an annualized rate of 39.8%,  from $709k in 2017 to $56k in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $1.59M to Republic of the Congo. The main products exported from Hungary to Republic of the Congo were Used Clothing ($442k), Cereal Meal and Pellets ($416k), and Edible Offal ($391k). During the last 5 years the exports of Hungary to Republic of the Congo have decreased at an annualized rate of 15.7%, from $3.74M in 2017 to $1.59M in 2022.

In 2017, Republic of the Congo exported $56k to Hungary. The main products exported from Republic of the Congo to Hungary were Broadcasting Equipment ($52.5k), Radioactive Chemicals ($1.95k), and Basketwork ($677). During the last 5 years the exports of Republic of the Congo to Hungary have decreased at an annualized rate of 39.8%, from $709k in 2022 to $56k in 2017.

Exports from Hungary (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Hungary (Flag) (2022)

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$35.5B
Republic of the Congo
Top DestinationChina$4.82B

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 2022, countries that imported more from Hungary than Republic of the Congo included Germany ($35.5B), Romania ($7.94B), and Italy ($8.02B).

In 2022, countries that imported more from Republic of the Congo than Hungary included India ($2.44B), China ($4.82B), and United Arab Emirates ($1.87B).

Difference in imports from Republic of the Congo (Flag) and Hungary (Flag) (2022)

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 2022, Hungary had a large net trade with Republic of the Congo in the exports of Animal Products ($600k), Textiles ($442k), and Vegetable Products ($416k).

During 2017, Republic of the Congo had a large net trade with Hungary in the exports of Machines ($53.3k), Chemical Products ($1.95k), and Wood Products ($677).

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) (2022)

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