2022
Flag  
GDP
$8.13BCURRENT US$
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2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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 GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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GDP PC 
$918CURRENT US$
Rnk 171 / 186
2012-2022
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GDP PC GROWTH
20.9%CURRENT US$
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2022
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GDP PC
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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About

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.

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.

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

In 2022, 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 2017 to $32.5k in 2022.

In 2017, 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 2022 to $3.16M in 2017.

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

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

Latest Data

Trade between Togo (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Togo
Top Destination
United Arab Emirates$1.19B
Hungary
Top Destination
Germany$35.5B

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

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

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

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

Comparative Advantage Togo - Hungary

Flow
Scale

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

During 2022, Togo had a large net trade with Hungary in the exports of Machines ($32.5k) and Animal and Vegetable Bi-Products ($10).

During 2017, Hungary had a large net trade with Togo in the exports of Plastics and Rubbers ($1.73M), Textiles ($602k), and Transportation ($479k).

Potential Exports

Potential Exports

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

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

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

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