Hungary (HUN) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Hungary-Rwanda Trade: In 2022, Hungary exported $1.52M to Rwanda. The main products that Hungary exported to Rwanda were Petroleum Jelly ($850k), Office Machine Parts ($169k), and Telephones ($132k). Over the past 5 years the exports of Hungary to Rwanda have increased at an annualized rate of 0.23%, from $1.51M in 2017 to $1.52M in 2022.

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

Rwanda-Hungary In N/A, Rwanda did not export any products to Hungary.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $1.52M to Rwanda. The main products exported from Hungary to Rwanda were Petroleum Jelly ($850k), Office Machine Parts ($169k), and Telephones ($132k). During the last 5 years the exports of Hungary to Rwanda have increased at an annualized rate of 0.23%, from $1.51M in 2017 to $1.52M in 2022.

Rwanda does not register exports to Hungary. The main products exported from Rwanda to Hungary were Broadcasting Equipment ($476k), Office Machine Parts ($38.8k), and Telephones ($32.8k).

Exports from Hungary () to Rwanda () (2022)

Exports from Rwanda () to Hungary () (2022)

Latest Data

Trade between Hungary () and Rwanda ()

Hungary Exports

Date

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Rwanda
Top DestinationUnited Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Hungary included Democratic Republic of the Congo ($450M), Ethiopia ($55.2M), and Kenya ($34.2M).

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

Comparative Advantage Hungary - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Rwanda in the exports of Mineral Products ($850k), Machines ($490k), and Transportation ($119k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Rwanda+$333kCars

Top Product Potential Rwanda Hungary+$293kTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Rwanda () (2022)

Exports from Rwanda () to Hungary () (2022)

Latest Data

Trade between Hungary () and Rwanda ()

Hungary Exports

Rwanda Exports

Market Competitiveness

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

Comparative Advantage Hungary - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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