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2022
Flag → Flag
Exports $47.5MRnk 74 / 205
2022
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Top Product $9.9MOther Nitrogen Compounds
2022
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Exports $1.25MRnk 86 / 125
2022
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Top Product $616kPetroleum Gas
2022
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Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
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Economic Complexity (ECI) ECI -0.64Rnk 95 / 133
2022
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GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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 GDP$192BCURRENT US$
Rnk 55 / 186
2012-2022
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GDP GROWTH-8.2%CURRENT US$
Rnk 173 / 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$4,274CURRENT US$
Rnk 118 / 186
2012-2022
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GDP PC GROWTH-23.8%CURRENT US$
Rnk 175 / 186

About

Hungary-Algeria In 2022, Hungary exported $47.5M to Algeria. The main products that Hungary exported to Algeria are Other Nitrogen Compounds ($9.9M), Gas Turbines ($4.19M), and Medical Instruments ($4.13M). During the last 27 years the exports of Hungary to Algeria have increased at an annualized rate of 0.33%, from $43.4M in 1995 to $47.5M in 2022.

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

Algeria-Hungary In 2022, Algeria exported $1.25M to Hungary. The main products that Algeria exported to Hungary were Petroleum Gas ($616k), Gas Turbines ($604k), and Plastic Housewares ($22.6k). During the last 27 years the exports of Algeria to Hungary have decreased at an annualized rate of 6.97%, from $8.75M in 1995 to $1.25M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $47.5M to Algeria. The main products exported from Hungary to Algeria were Other Nitrogen Compounds ($9.9M), Gas Turbines ($4.19M), and Medical Instruments ($4.13M). During the last 27 years the exports of Hungary to Algeria have increased at an annualized rate of 0.33%, from $43.4M in 1995 to $47.5M in 2022.

In 2022, Algeria exported $1.25M to Hungary. The main products exported from Algeria to Hungary were Petroleum Gas ($616k), Gas Turbines ($604k), and Plastic Housewares ($22.6k). During the last 27 years the exports of Algeria to Hungary have decreased at an annualized rate of 6.97%, from $8.75M in 1995 to $1.25M in 2022.

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

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

Latest Data

Trade between Hungary (Flag) and Algeria (Flag)

Hungary Exports

Algeria Exports

Date

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Algeria
Top DestinationItaly$16.9B

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 2021, countries that imported more from Hungary than Algeria were Germany ($35.5B), Romania ($7.94B), and Slovakia ($6.78B).

In 2021, countries that imported more from Algeria than Hungary were Italy ($16.9B), Spain ($7.11B), and South Korea ($2.96B).

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

Comparative Advantage Hungary - Algeria

Flow
Scale

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

During 2022, Hungary had a large net trade with Algeria in the exports of Plastics and Rubbers ($16.9M), Chemical Products ($13.2M), and Machines ($7.93M).

During 2022, Algeria had a large net trade with Hungary in the exports of Mineral Products ($616k), Machines ($604k), and Plastics and Rubbers ($22.6k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hungary has comparative advantage over Algeria. Similarly, the more yellow a dot/product is, the more Algeria has comparative advantage over Hungary.

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

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