Other Office Machines in Hungary

EXPORTS (2018): $542M, World Rnk 3 / 138
Flag Rnk 48 / 1175

TOP DESTINATION (2018): $79.1M, United States

FASTEST GROWING MARKET (2017 - 2018): $42.9M, Spain

IMPORTS (2018): $21.1M, World Rnk 45 / 204
Flag Rnk 502 / 1198

TOP ORIGIN (2018): $4.62M, United Kingdom

FASTEST GROWING ORIGIN (2017 - 2018): $3.3M, United Kingdom

ECONOMIC COMPLEXITY of Hungary (2018): 1.44, Rnk 14 / 137

Overview: This page contains the latest trade data of Other Office Machines in Hungary.

Exports: In 2018, Hungary exported $542M in Other Office Machines, making it the 3rd largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 48th most exported product in Hungary. The main destination of Other Office Machines exports from Hungary are: United States ($79.1M), Turkey ($54.6M), Spain ($53.2M), Russia ($40.9M), and France ($31.9M).

The fastest growing export markets for Other Office Machines of Hungary between 2017 and 2018 were Spain ($42.9M), United States ($29.5M), and Russia ($20.8M).

Imports: In 2018, Hungary imported $21.1M in Other Office Machines, becoming the 45th largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 502nd most imported product in Hungary. Hungary imports Other Office Machines primarily from: United Kingdom ($4.62M), Germany ($3.07M), Philippines ($2.36M), China ($2.29M), and Egypt ($1.95M).

The fastest growing import markets in Other Office Machines for Hungary between 2017 and 2018 were United Kingdom ($3.3M), Egypt ($1.84M), and France ($1.03M).

Tariffs: In 2002, the average tariff for Hungary in Other Office Machines was 8%. The countries with the highest import tariffs for Other Office Machines were Angola (8%), Burundi (8%), Benin (8%), Burkina Faso (8%), and Botswana (8%).

Value

EXPORTS (2018): $542M

IMPORTS (2018): $21.1M

NET TRADE (2018): $521M

In 2018, Hungary exported $542M in Other Office Machines. The main destinations of Hungary exports on Other Office Machines were United States ($79.1M), Turkey ($54.6M), Spain ($53.2M), Russia ($40.9M), and France ($31.9M).

In 2018, Hungary imported $21.1M in Other Office Machines, mainly from United Kingdom ($4.62M), Germany ($3.07M), Philippines ($2.36M), China ($2.29M), and Egypt ($1.95M).

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IN 2018, Hungary HAD A POSITIVE NET TRADE IN Other Office Machines WITH:

  • United States, $78.7M ($79.1M - $450k)
  • Turkey, $54.5M ($54.6M - $54.2k)
  • Spain, $53.2M ($53.2M - $3.95k)

IN 2018, Hungary HAD A NEGATIVE NET TRADE IN Other Office Machines WITH:

  • Philippines, -$2.23M ($123k - $2.36M)
  • China, -$2.2M ($88.6k - $2.29M)
  • Japan, -$82.2k ($22.6k - $105k)
Flow

THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR Hungary WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Office Machines BY Hungary WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Hungary's main exporting competitors in Other Office Machines were:

In 2018, Hungary's main importing competitors in Other Office Machines were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Other Office Machines in Hungary. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2002, the average tariff for Hungary in Other Office Machines was 8%.

The countries with the highest tariffs for Other Office Machines in Hungary were Angola (8%), Burundi (8%), Benin (8%), Burkina Faso (8%), and Botswana (8%).

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