Hungary (HUN) and Gambia (GMB) Trade | The Observatory of Economic Complexity

About

Hungary-Gambia Trade: In 2022, Hungary exported $121k to Gambia. The main products that Hungary exported to Gambia were Used Clothing ($118k), Toilet Paper ($1.26k), and Trunks and Cases ($1.26k). Over the past 5 years the exports of Hungary to Gambia have decreased at an annualized rate of 35.2%, from $1.06M in 2017 to $121k in 2022.

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

Gambia-Hungary Trade: In 2022, Gambia exported $2.95k to Hungary. The main products that Gambia exported to Hungary were Broadcasting Equipment ($1.5k) and Used Clothing ($1.45k). Over the past 5 years the exports of Gambia to Hungary have increased at an annualized rate of 164%, from $23 in 2017 to $2.95k in 2022.

In 2022, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $121k to Gambia. The main products exported from Hungary to Gambia were Used Clothing ($118k), Toilet Paper ($1.26k), and Trunks and Cases ($1.26k). During the last 5 years the exports of Hungary to Gambia have decreased at an annualized rate of 35.2%, from $1.06M in 2017 to $121k in 2022.

In 2017, Gambia exported $2.95k to Hungary. The main products exported from Gambia to Hungary were Broadcasting Equipment ($1.5k) and Used Clothing ($1.45k). During the last 5 years the exports of Gambia to Hungary have increased at an annualized rate of 164%, from $23 in 2022 to $2.95k in 2017.

Exports from Hungary () to Gambia () (2022)

Exports from Gambia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Gambia ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Gambia
Top DestinationIndia$52.9M

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

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

In 2022, countries that imported more from Gambia than Hungary included Guyana ($1.73M).

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

Comparative Advantage Hungary - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Gambia in the exports of Textiles ($118k), Animal Hides ($1.48k), and Paper Goods ($1.26k).

During 2017, Gambia had a large net trade with Hungary in the exports of Machines ($1.5k) and Textiles ($1.45k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Gambia+$19.6kUsed Clothing

Top Product Potential Gambia Hungary+$7.59kTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Hungary () to Gambia () (2022)

Exports from Gambia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Gambia ()

Hungary Exports

Market Competitiveness

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

Comparative Advantage Hungary - Gambia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring