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2022
Flag → Flag
Exports $3.48MRnk 123 / 205
2022
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Top Product $1.33MUsed Clothing
2022
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Exports $14.7kRnk 65 / 105
2022
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Top Product $9.53kElectrical Transformers
2022
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Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
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Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
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GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
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GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
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GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
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GDP PC $18,463CURRENT US$
Rnk 55 / 186
2012-2022
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GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186
2022
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GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
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GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Hungary-Guinea In 2022, Hungary exported $3.48M to Guinea. The main products that Hungary exported to Guinea are Used Clothing ($1.33M), Other Nitrogen Compounds ($831k), and Poultry Meat ($712k). During the last 27 years the exports of Hungary to Guinea have increased at an annualized rate of 1.64%, from $2.25M in 1995 to $3.48M in 2022.

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

Guinea-Hungary In 2022, Guinea exported $14.7k to Hungary. The main products that Guinea exported to Hungary were Electrical Transformers ($9.53k), Other live plants, cuttings and slips; mushroom spawn ($4.86k), and Computers ($253). During the last 27 years the exports of Guinea to Hungary have decreased at an annualized rate of 16.1%, from $1.69M in 1995 to $14.7k in 2022.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hungary exported $3.48M to Guinea. The main products exported from Hungary to Guinea were Used Clothing ($1.33M), Other Nitrogen Compounds ($831k), and Poultry Meat ($712k). During the last 27 years the exports of Hungary to Guinea have increased at an annualized rate of 1.64%, from $2.25M in 1995 to $3.48M in 2022.

In 2022, Guinea exported $14.7k to Hungary. The main products exported from Guinea to Hungary were Electrical Transformers ($9.53k), Other live plants, cuttings and slips; mushroom spawn ($4.86k), and Computers ($253). During the last 27 years the exports of Guinea to Hungary have decreased at an annualized rate of 16.1%, from $1.69M in 1995 to $14.7k in 2022.

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

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

Latest Data

Trade between Hungary (Flag) and Guinea (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$35.5B
Guinea
Top DestinationChina$3.81B

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

In 2021, countries that imported more from Hungary than Guinea were Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

In 2021, countries that imported more from Guinea than Hungary were India ($2.77B), United Arab Emirates ($2.59B), and China ($3.81B).

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

Comparative Advantage Hungary - Guinea

Flow
Scale

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

During 2022, Hungary had a large net trade with Guinea in the exports of Textiles ($1.33M), Chemical Products ($961k), and Animal Products ($772k).

During 2022, Guinea had a large net trade with Hungary in the exports of Machines ($9.79k), Vegetable Products ($4.86k), and Textiles ($28).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hungary has comparative advantage over Guinea. Similarly, the more yellow a dot/product is, the more Guinea has comparative advantage over Hungary.

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

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