Hungary (HUN) and Mozambique (MOZ) Trade | The Observatory of Economic Complexity

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Hungary-Mozambique Trade: In 2022, Hungary exported $3.78M to Mozambique. The main products that Hungary exported to Mozambique were Other Office Machines ($1.35M), Poultry Meat ($970k), and Portable Lighting ($691k). Over the past 5 years the exports of Hungary to Mozambique have increased at an annualized rate of 18.6%, from $1.61M in 2017 to $3.78M in 2022.

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

Mozambique-Hungary Trade: In 2022, Mozambique exported $586k to Hungary. The main products that Mozambique exported to Hungary were Aluminium Wire ($341k), Broadcasting Equipment ($142k), and Raw Tobacco ($76.7k). Over the past 5 years the exports of Mozambique to Hungary have decreased at an annualized rate of 25.3%, from $2.52M in 2017 to $586k in 2022.

In 2022, Mozambique 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, Mozambique ranked 119 in the Economic Complexity Index (ECI -1.18), and 99 in total exports ($11.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Hungary exported $3.78M to Mozambique. The main products exported from Hungary to Mozambique were Other Office Machines ($1.35M), Poultry Meat ($970k), and Portable Lighting ($691k). During the last 5 years the exports of Hungary to Mozambique have increased at an annualized rate of 18.6%, from $1.61M in 2017 to $3.78M in 2022.

In 2017, Mozambique exported $586k to Hungary. The main products exported from Mozambique to Hungary were Aluminium Wire ($341k), Broadcasting Equipment ($142k), and Raw Tobacco ($76.7k). During the last 5 years the exports of Mozambique to Hungary have decreased at an annualized rate of 25.3%, from $2.52M in 2022 to $586k in 2017.

Exports from Hungary () to Mozambique () (2022)

Exports from Mozambique () to Hungary () (2022)

Latest Data

Trade between Hungary () and Mozambique ()

Hungary Exports

Date

Mozambique Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hungary
Top DestinationGermany$35.5B

Mozambique
Top DestinationIndia$2.62B

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

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

In 2022, countries that imported more from Mozambique than Hungary included India ($2.62B), South Africa ($1.07B), and Zimbabwe ($336M).

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

Comparative Advantage Hungary - Mozambique

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Hungary had a large net trade with Mozambique in the exports of Machines ($2.29M), Animal Products ($970k), and Chemical Products ($218k).

During 2017, Mozambique had a large net trade with Hungary in the exports of Metals ($341k), Machines ($168k), and Foodstuffs ($76.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hungary Mozambique+$397kPoultry Meat

Top Product Potential Mozambique Hungary+$407kAluminium Wire

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

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Historical Data

Bilateral Trade by Products

Exports from Hungary () to Mozambique () (2022)

Exports from Mozambique () to Hungary () (2022)

Latest Data

Trade between Hungary () and Mozambique ()

Hungary Exports

Mozambique Exports

Market Competitiveness

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

Comparative Advantage Hungary - Mozambique

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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