Hungary (HUN) and Chad (TCD) Trade | The Observatory of Economic Complexity

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Hungary-Chad Trade: In 2023, Hungary exported $2M to Chad. The main products that Hungary exported to Chad were Used Clothing ($918k), Other Edible Preparations ($384k), and Other Nitrogen Compounds ($318k). Over the past 5 years the exports of Hungary to Chad have increased at an annualized rate of 15.4%, from $977k in 2018 to $2M in 2023.

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

Chad-Hungary Trade: In 2023, Chad exported $472 to Hungary. The main products that Chad exported to Hungary were Electromagnets ($472). Over the past 5 years the exports of Chad to Hungary have decreased at an annualized rate of 27.6%, from $2.37k in 2018 to $472 in 2023.

In 2023, Chad 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, Chad ranked 132 in the Economic Complexity Index (ECI -2.41), and 132 in total exports ($4.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hungary exported $2M to Chad. The main products exported from Hungary to Chad were Used Clothing ($918k), Other Edible Preparations ($384k), and Other Nitrogen Compounds ($318k). During the last 5 years the exports of Hungary to Chad have increased at an annualized rate of 15.4%, from $977k in 2018 to $2M in 2023.

In 2018, Chad exported $472 to Hungary. The main products exported from Chad to Hungary were Electromagnets ($472). During the last 5 years the exports of Chad to Hungary have decreased at an annualized rate of 27.6%, from $2.37k in 2023 to $472 in 2018.

Exports from Hungary () to Chad () (2023)

Exports from Chad () to Hungary () (2023)

Latest Data

Trade between Hungary () and Chad ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$37.4B

Chad
Top DestinationUnited Arab Emirates$1.11B

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

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

In 2023, countries that imported more from Chad than Hungary included United Arab Emirates ($1.11B) and Central African Republic ($6.67M).

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

Comparative Advantage Hungary - Chad

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hungary had a large net trade with Chad in the exports of Textiles ($1.06M), Chemical Products ($419k), and Foodstuffs ($384k).

During 2018, Chad had a large net trade with Hungary in the exports of Machines ($472).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Chad+$163kOther Edible Preparations

Top Product Potential Chad Hungary+$7.41kTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Chad () (2023)

Exports from Chad () to Hungary () (2023)

Latest Data

Trade between Hungary () and Chad ()

Hungary Exports

Market Competitiveness

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

Comparative Advantage Hungary - Chad

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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