Hungary (HUN) and Gabon (GAB) Trade | The Observatory of Economic Complexity

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Hungary-Gabon Trade: In 2023, Hungary exported $4.26M to Gabon. The main products that Hungary exported to Gabon were Poultry Meat ($794k), Cars ($500k), and Cereal Meal and Pellets ($386k). Over the past 5 years the exports of Hungary to Gabon have decreased at an annualized rate of 6.44%, from $5.95M in 2018 to $4.26M in 2023.

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

Gabon-Hungary Trade: In 2023, Gabon exported $20.8k to Hungary. The main products that Gabon exported to Hungary were Broadcasting Equipment ($11.7k), Integrated Circuits ($4.54k), and Telephones ($3.69k). Over the past 5 years the exports of Gabon to Hungary have decreased at an annualized rate of 46.5%, from $475k in 2018 to $20.8k in 2023.

In 2023, Gabon 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, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hungary exported $4.26M to Gabon. The main products exported from Hungary to Gabon were Poultry Meat ($794k), Cars ($500k), and Cereal Meal and Pellets ($386k). During the last 5 years the exports of Hungary to Gabon have decreased at an annualized rate of 6.44%, from $5.95M in 2018 to $4.26M in 2023.

In 2018, Gabon exported $20.8k to Hungary. The main products exported from Gabon to Hungary were Broadcasting Equipment ($11.7k), Integrated Circuits ($4.54k), and Telephones ($3.69k). During the last 5 years the exports of Gabon to Hungary have decreased at an annualized rate of 46.5%, from $475k in 2023 to $20.8k in 2018.

Exports from Hungary () to Gabon () (2023)

Exports from Gabon () to Hungary () (2023)

Latest Data

Trade between Hungary () and Gabon ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$37.4B

Gabon
Top DestinationChina$2.77B

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

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

In 2023, countries that imported more from Gabon than Hungary included Indonesia ($875M), Republic of the Congo ($574M), and Malaysia ($372M).

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

Comparative Advantage Hungary - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hungary had a large net trade with Gabon in the exports of Animal Products ($1.14M), Machines ($754k), and Transportation ($641k).

During 2018, Gabon had a large net trade with Hungary in the exports of Machines ($20.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Gabon+$353kPoultry Meat

Top Product Potential Gabon Hungary+$21.1kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Hungary () to Gabon () (2023)

Exports from Gabon () to Hungary () (2023)

Latest Data

Trade between Hungary () and Gabon ()

Hungary Exports

Market Competitiveness

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

Comparative Advantage Hungary - Gabon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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