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Pricing

2022
Flag → Flag
Exports $585kRnk 171 / 205
2022
Flag → Flag
Top Product $541kPoultry Meat
2022
Flag → Flag
Exports $198kRnk 54 / 118
2022
Flag → Flag
Top Product $196kTitanium Ore
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag  
GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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 GDP$3.97BCURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP GROWTH4.78%CURRENT US$
Rnk 156 / 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$461CURRENT US$
Rnk 184 / 186
2012-2022
Flag
GDP PC GROWTH-17.3%CURRENT US$
Rnk 168 / 186

About

Hungary-Sierra Leone Trade: In 2022, Hungary exported $585k to Sierra Leone. The main products that Hungary exported to Sierra Leone were Poultry Meat ($541k), Cars ($42.4k), and Low-voltage Protection Equipment ($624). Over the past 5 years the exports of Hungary to Sierra Leone have decreased at an annualized rate of 6.6%, from $823k in 2017 to $585k in 2022.

In 2022, Hungary did not export any services to Sierra Leone.

Sierra Leone-Hungary Trade: In 2022, Sierra Leone exported $198k to Hungary. The main products that Sierra Leone exported to Hungary were Titanium Ore ($196k), Broadcasting Equipment ($1.43k), and Used Clothing ($331). Over the past 5 years the exports of Sierra Leone to Hungary have increased at an annualized rate of 61.2%,  from $18.2k in 2017 to $198k in 2022.

In 2022, Sierra Leone 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, Sierra Leone ranked 159 in total exports ($1.15B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $585k to Sierra Leone. The main products exported from Hungary to Sierra Leone were Poultry Meat ($541k), Cars ($42.4k), and Low-voltage Protection Equipment ($624). During the last 5 years the exports of Hungary to Sierra Leone have decreased at an annualized rate of 6.6%, from $823k in 2017 to $585k in 2022.

In 2017, Sierra Leone exported $198k to Hungary. The main products exported from Sierra Leone to Hungary were Titanium Ore ($196k), Broadcasting Equipment ($1.43k), and Used Clothing ($331). During the last 5 years the exports of Sierra Leone to Hungary have increased at an annualized rate of 61.2%, from $18.2k in 2022 to $198k in 2017.

Exports from Hungary (Flag) to Sierra Leone (Flag) (2022)

Exports from Sierra Leone (Flag) to Hungary (Flag) (2022)

Latest Data

Trade between Hungary (Flag) and Sierra Leone (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Sierra Leone
Top DestinationChina$622M

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

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

In 2022, countries that imported more from Sierra Leone than Hungary included Senegal ($14.5M).

Difference in imports from Sierra Leone (Flag) and Hungary (Flag) (2022)

Comparative Advantage Hungary - Sierra Leone

Flow
Scale

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

During 2022, Hungary had a large net trade with Sierra Leone in the exports of Animal Products ($541k), Transportation ($42.4k), and Machines ($1.66k).

During 2017, Sierra Leone had a large net trade with Hungary in the exports of Mineral Products ($196k), Machines ($1.43k), and Textiles ($331).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Sierra Leone+$210kPoultry Meat
Top Product Potential Sierra Leone Hungary+$103kTitanium Ore

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

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

Product Space of Hungary (Flag) and Sierra Leone (Flag) (2022)

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