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Pricing

2022
Flag → Flag
Exports $3.16MRnk 126 / 205
2022
Flag → Flag
Top Product $1.72MRubber Belting
2022
Flag → Flag
Exports $32.5kRnk 98 / 134
2022
Flag → Flag
Top Product $31.2kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 111 / 133
2022
Flag  
GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC$918CURRENT US$
Rnk 171 / 186
2012-2022
Flag
GDP PC GROWTH20.9%CURRENT US$
Rnk 84 / 186

About

Hungary-Togo Trade: In 2022, Hungary exported $3.16M to Togo. The main products that Hungary exported to Togo were Rubber Belting ($1.72M), Used Clothing ($601k), and Cars ($465k). Over the past 5 years the exports of Hungary to Togo have increased at an annualized rate of 10.8%, from $1.9M in 2017 to $3.16M in 2022.

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

Togo-Hungary Trade: In 2022, Togo exported $32.5k to Hungary. The main products that Togo exported to Hungary were Broadcasting Equipment ($31.2k), Video Displays ($655), and Electrical Transformers ($587). Over the past 5 years the exports of Togo to Hungary have increased at an annualized rate of 25%,  from $10.6k in 2017 to $32.5k in 2022.

In 2022, Togo 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, Togo ranked 111 in the Economic Complexity Index (ECI -0.99), and 128 in total exports ($4.48B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $3.16M to Togo. The main products exported from Hungary to Togo were Rubber Belting ($1.72M), Used Clothing ($601k), and Cars ($465k). During the last 5 years the exports of Hungary to Togo have increased at an annualized rate of 10.8%, from $1.9M in 2017 to $3.16M in 2022.

In 2017, Togo exported $32.5k to Hungary. The main products exported from Togo to Hungary were Broadcasting Equipment ($31.2k), Video Displays ($655), and Electrical Transformers ($587). During the last 5 years the exports of Togo to Hungary have increased at an annualized rate of 25%, from $10.6k in 2022 to $32.5k in 2017.

Exports from Hungary (Flag) to Togo (Flag) (2022)

Exports from Togo (Flag) to Hungary (Flag) (2022)

Latest Data

Trade between Hungary (Flag) and Togo (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Togo
Top DestinationUnited Arab Emirates$1.19B

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

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

In 2022, countries that imported more from Togo than Hungary included United Arab Emirates ($1.19B), Cote d'Ivoire ($474M), and Burkina Faso ($249M).

Difference in imports from Togo (Flag) and Hungary (Flag) (2022)

Comparative Advantage Hungary - Togo

Flow
Scale

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

During 2022, Hungary had a large net trade with Togo in the exports of Plastics and Rubbers ($1.73M), Textiles ($602k), and Transportation ($479k).

During 2017, Togo had a large net trade with Hungary in the exports of Machines ($32.5k) and Animal and Vegetable Bi-Products ($10).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hungary Togo+$181kPoultry Meat
Top Product Potential Togo Hungary+$62.2kTelephones

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

Product Space of Hungary (Flag) and Togo (Flag) (2022)

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