2022
Flag  
GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC 
$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH
-14%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Zambia-Hungary Trade: In 2022, Zambia exported $34.3k to Hungary. The main products that Zambia exported to Hungary were Broadcasting Equipment ($98.1k), Office Machine Parts ($20.7k), and Telephones ($11.2k). Over the past 5 years the exports of Zambia to Hungary have decreased at an annualized rate of 12.5%, from $66.9k in 2017 to $34.3k in 2022.

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

Hungary-Zambia Trade: In 2022, Hungary exported $1.64M to Zambia. The main products that Hungary exported to Zambia were Rubber Tires ($1.01M), Pesticides ($706k), and Office Machine Parts ($444k). Over the past 5 years the exports of Hungary to Zambia have increased at an annualized rate of 108%,  from $42.1k in 2017 to $1.64M in 2022.

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

Comparison: In 2022,  Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B). 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, Zambia exported $34.3k to Hungary. The main products exported from Zambia to Hungary were Broadcasting Equipment ($98.1k), Office Machine Parts ($20.7k), and Telephones ($11.2k). During the last 5 years the exports of Zambia to Hungary have decreased at an annualized rate of 12.5%, from $66.9k in 2017 to $34.3k in 2022.

In 2017, Hungary exported $1.64M to Zambia. The main products exported from Hungary to Zambia were Rubber Tires ($1.01M), Pesticides ($706k), and Office Machine Parts ($444k). During the last 22 years the exports of Hungary to Zambia have increased at an annualized rate of 108%, from $42.1k in 1995 to $1.64M in 2017.

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

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

Latest Data

Trade between Zambia (Flag) and Hungary (Flag)

Zambia Exports

Hungary Exports

Market Competitiveness

Color
Zambia
Top Destination
Switzerland$4.5B
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Zambia than Hungary included Switzerland ($4.5B), Democratic Republic of the Congo ($1.51B), and Pitcairn Islands ($1.49B).

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

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

Comparative Advantage Zambia - Hungary

Flow
Scale

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

During 2022, Zambia had a large net trade with Hungary in the exports of Machines ($135k), Instruments ($2.3k), and Animal Hides ($2.23k).

During 2017, Hungary had a large net trade with Zambia in the exports of Plastics and Rubbers ($1.01M), Chemical Products ($707k), and Machines ($473k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with