Hungary (HUN) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Hungary-Ethiopia Trade: In 2022, Hungary exported $12.2M to Ethiopia. The main products that Hungary exported to Ethiopia were Pesticides ($4.07M), Other Office Machines ($2.55M), and Aircraft Parts ($1.27M). Over the past 5 years the exports of Hungary to Ethiopia have decreased at an annualized rate of 7.51%, from $18.1M in 2017 to $12.2M in 2022.

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

Ethiopia-Hungary Trade: In 2022, Ethiopia exported $662k to Hungary. The main products that Ethiopia exported to Hungary were Dried Legumes ($459k), Coffee ($101k), and Legumes ($62.8k). Over the past 5 years the exports of Ethiopia to Hungary have decreased at an annualized rate of 2.07%, from $735k in 2017 to $662k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $12.2M to Ethiopia. The main products exported from Hungary to Ethiopia were Pesticides ($4.07M), Other Office Machines ($2.55M), and Aircraft Parts ($1.27M). During the last 5 years the exports of Hungary to Ethiopia have decreased at an annualized rate of 7.51%, from $18.1M in 2017 to $12.2M in 2022.

In 2017, Ethiopia exported $662k to Hungary. The main products exported from Ethiopia to Hungary were Dried Legumes ($459k), Coffee ($101k), and Legumes ($62.8k). During the last 5 years the exports of Ethiopia to Hungary have decreased at an annualized rate of 2.07%, from $735k in 2022 to $662k in 2017.

Exports from Hungary () to Ethiopia () (2022)

Exports from Ethiopia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Ethiopia ()

Hungary Exports

Date

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Hungary than Ethiopia included Germany ($35.5B), Romania ($7.94B), and Italy ($8.02B).

In 2022, countries that imported more from Ethiopia than Hungary included Somalia ($265M), Saudi Arabia ($268M), and Djibouti ($86.8M).

Difference in imports from Ethiopia () and Hungary () (2022)

Comparative Advantage Hungary - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Ethiopia in the exports of Machines ($5.4M), Chemical Products ($4.18M), and Transportation ($1.9M).

During 2017, Ethiopia had a large net trade with Hungary in the exports of Vegetable Products ($629k), Machines ($29.1k), and Precious Metals ($3.99k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Ethiopia+$1.55MTelephones

Top Product Potential Ethiopia Hungary+$609kDried Legumes

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Ethiopia () (2022)

Exports from Ethiopia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Ethiopia ()

Hungary Exports

Ethiopia Exports

Market Competitiveness

Difference in imports from Ethiopia () and Hungary () (2022)

Comparative Advantage Hungary - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hungary () and Ethiopia () (2022)

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