Hungary (HUN) and Algeria (DZA) Trade | The Observatory of Economic Complexity

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Hungary-Algeria Trade: In 2023, Hungary exported $76.2M to Algeria. The main products that Hungary exported to Algeria were Poultry ($17.7M), Other Nitrogen Compounds ($11.4M), and Pesticides ($7.96M). Over the past 5 years the exports of Hungary to Algeria have increased at an annualized rate of 9.29%, from $48.9M in 2018 to $76.2M in 2023.

In 2023, Hungary did not export any services to Algeria.

Algeria-Hungary Trade: In 2023, Algeria exported $95.3k to Hungary. The main products that Algeria exported to Hungary were Broadcasting Equipment ($54k), Cars ($22.6k), and Computers ($8.32k). Over the past 5 years the exports of Algeria to Hungary have increased at an annualized rate of 19.6%, from $39k in 2018 to $95.3k in 2023.

In 2023, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hungary exported $76.2M to Algeria. The main products exported from Hungary to Algeria were Poultry ($17.7M), Other Nitrogen Compounds ($11.4M), and Pesticides ($7.96M). During the last 5 years the exports of Hungary to Algeria have increased at an annualized rate of 9.29%, from $48.9M in 2018 to $76.2M in 2023.

In 2018, Algeria exported $95.3k to Hungary. The main products exported from Algeria to Hungary were Broadcasting Equipment ($54k), Cars ($22.6k), and Computers ($8.32k). During the last 5 years the exports of Algeria to Hungary have increased at an annualized rate of 19.6%, from $39k in 2023 to $95.3k in 2018.

Exports from Hungary () to Algeria () (2023)

Exports from Algeria () to Hungary () (2023)

Latest Data

Trade between Hungary () and Algeria ()

Hungary Exports

Date

Algeria Exports

Date

Mar 2016

Jan 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$37.4B

Algeria
Top DestinationItaly$15.2B

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

In 2023, countries that imported more from Hungary than Algeria included Germany ($37.4B), Romania ($8.43B), and Slovakia ($6.54B).

In 2023, countries that imported more from Algeria than Hungary included Italy ($15.2B), Spain ($6.73B), and France ($7.29B).

Difference in imports from Algeria () and Hungary () (2023)

Comparative Advantage Hungary - Algeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hungary had a large net trade with Algeria in the exports of Chemical Products ($23.1M), Animal Products ($19M), and Plastics and Rubbers ($18.5M).

During 2018, Algeria had a large net trade with Hungary in the exports of Machines ($62.4k), Transportation ($22.6k), and Plastics and Rubbers ($6.78k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Algeria+$3.81MRubber Tires

Top Product Potential Algeria Hungary+$4.83MPetroleum Gas

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

Year

This visualization shows the product space at the HS4 level with the flags of Hungary and Algeria. This means that a dot/product with the flag of Hungary indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Hungary.

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Algeria () (2023)

Exports from Algeria () to Hungary () (2023)

Latest Data

Trade between Hungary () and Algeria ()

Hungary Exports

Algeria Exports

Market Competitiveness

Difference in imports from Algeria () and Hungary () (2023)

Comparative Advantage Hungary - Algeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hungary () and Algeria () (2023)

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