Hungary (HUN) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Hungary-Namibia Trade: In 2022, Hungary exported $2.45M to Namibia. The main products that Hungary exported to Namibia were Broadcasting Equipment ($926k), Liquid Pumps ($299k), and Pig Meat ($138k). Over the past 5 years the exports of Hungary to Namibia have increased at an annualized rate of 22.4%, from $892k in 2017 to $2.45M in 2022.

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

Namibia-Hungary Trade: In 2022, Namibia exported $217k to Hungary. The main products that Namibia exported to Hungary were Broadcasting Equipment ($64.4k), Raw Bones ($39k), and Collector's Items ($30k). Over the past 5 years the exports of Namibia to Hungary have decreased at an annualized rate of 12.2%, from $416k in 2017 to $217k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $2.45M to Namibia. The main products exported from Hungary to Namibia were Broadcasting Equipment ($926k), Liquid Pumps ($299k), and Pig Meat ($138k). During the last 5 years the exports of Hungary to Namibia have increased at an annualized rate of 22.4%, from $892k in 2017 to $2.45M in 2022.

In 2017, Namibia exported $217k to Hungary. The main products exported from Namibia to Hungary were Broadcasting Equipment ($64.4k), Raw Bones ($39k), and Collector's Items ($30k). During the last 5 years the exports of Namibia to Hungary have decreased at an annualized rate of 12.2%, from $416k in 2022 to $217k in 2017.

Exports from Hungary () to Namibia () (2022)

Exports from Namibia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Namibia ()

Hungary Exports

Date

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Namibia
Top DestinationSouth Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Hungary included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Hungary - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Namibia in the exports of Machines ($1.63M), Animal Products ($248k), and Metals ($113k).

During 2017, Namibia had a large net trade with Hungary in the exports of Machines ($107k), Animal Products ($43.7k), and Arts and Antiques ($30.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Namibia+$754kTelephones

Top Product Potential Namibia Hungary+$221kTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Namibia () (2022)

Exports from Namibia () to Hungary () (2022)

Latest Data

Trade between Hungary () and Namibia ()

Hungary Exports

Namibia Exports

Market Competitiveness

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

Comparative Advantage Hungary - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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