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

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Chad-Hungary Trade: In 2022, Chad exported $894 to Hungary. The main products that Chad exported to Hungary were Broadcasting Equipment ($894). Over the past 5 years the exports of Chad to Hungary have increased at an annualized rate of 72.8%, from $58 in 2017 to $894 in 2022.

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

Hungary-Chad Trade: In 2022, Hungary exported $2.01M to Chad. The main products that Hungary exported to Chad were Other Heating Machinery ($653k), Used Clothing ($510k), and Other Nitrogen Compounds ($388k). Over the past 5 years the exports of Hungary to Chad have increased at an annualized rate of 53.2%, from $239k in 2017 to $2.01M in 2022.

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

Comparison: In 2022, Chad ranked 129 in the Economic Complexity Index (ECI -1.74), and 130 in total exports ($4.39B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chad exported $894 to Hungary. The main products exported from Chad to Hungary were Broadcasting Equipment ($894). During the last 5 years the exports of Chad to Hungary have increased at an annualized rate of 72.8%, from $58 in 2017 to $894 in 2022.

In 2017, Hungary exported $2.01M to Chad. The main products exported from Hungary to Chad were Other Heating Machinery ($653k), Used Clothing ($510k), and Other Nitrogen Compounds ($388k). During the last 5 years the exports of Hungary to Chad have increased at an annualized rate of 53.2%, from $239k in 2022 to $2.01M in 2017.

Exports from Chad () to Hungary () (2022)

Exports from Hungary () to Chad () (2022)

Latest Data

Trade between Chad () and Hungary ()

Hungary Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chad
Top DestinationGermany$1.1B

Hungary
Top DestinationGermany$35.5B

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

In 2022, countries that imported more from Chad than Hungary included United Arab Emirates ($883M) and Chinese Taipei ($512M).

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

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

Comparative Advantage Chad - Hungary

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chad had a large net trade with Hungary in the exports of Machines ($894).

During 2017, Hungary had a large net trade with Chad in the exports of Machines ($684k), Textiles ($554k), and Chemical Products ($522k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Chad Hungary+$7.41kTelephones

Top Product Potential Hungary Chad+$163kOther Edible Preparations

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

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Historical Data

Bilateral Trade by Products

Exports from Chad () to Hungary () (2022)

Exports from Hungary () to Chad () (2022)

Latest Data

Trade between Chad () and Hungary ()

Hungary Exports

Market Competitiveness

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

Comparative Advantage Chad - Hungary

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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