Railway Freight Cars in Hungary

EXPORTS (2018): $3.01M, World Rnk 34 / 73
Flag Rnk 713 / 1175

TOP DESTINATION (2018): $2.19M, Czechia

FASTEST GROWING MARKET (2017 - 2018): $2.02M, Czechia

IMPORTS (2018): $19.5M, World Rnk 25 / 124
Flag Rnk 516 / 1198

TOP ORIGIN (2018): $10.8M, Czechia

FASTEST GROWING ORIGIN (2017 - 2018): $5.94M, Czechia

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

Overview: This page contains the latest trade data of Railway Freight Cars in Hungary.

Exports: In 2018, Hungary exported $3.01M in Railway Freight Cars, making it the 34th largest exporter of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 713th most exported product in Hungary. The main destination of Railway Freight Cars exports from Hungary are: Czechia ($2.19M), Slovakia ($795k), Poland ($15.1k), Romania ($5.94k), and Netherlands ($3.95k).

The fastest growing export markets for Railway Freight Cars of Hungary between 2017 and 2018 were Czechia ($2.02M), Slovakia ($795k), and Poland ($15.1k).

Imports: In 2018, Hungary imported $19.5M in Railway Freight Cars, becoming the 25th largest importer of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 516th most imported product in Hungary. Hungary imports Railway Freight Cars primarily from: Czechia ($10.8M), Slovakia ($3.68M), Romania ($2.83M), Germany ($745k), and Poland ($721k).

The fastest growing import markets in Railway Freight Cars for Hungary between 2017 and 2018 were Czechia ($5.94M), Bulgaria ($721k), and Poland ($385k).

Tariffs: In 2002, the average tariff for Hungary in Railway Freight Cars was 7.5%. The countries with the highest import tariffs for Railway Freight Cars were Angola (7.5%), Burundi (7.5%), Benin (7.5%), Burkina Faso (7.5%), and Botswana (7.5%).

Value

EXPORTS (2018): $3.01M

IMPORTS (2018): $19.5M

NET TRADE (2018): -$16.5M

In 2018, Hungary exported $3.01M in Railway Freight Cars. The main destinations of Hungary exports on Railway Freight Cars were Czechia ($2.19M), Slovakia ($795k), Poland ($15.1k), Romania ($5.94k), and Netherlands ($3.95k).

In 2018, Hungary imported $19.5M in Railway Freight Cars, mainly from Czechia ($10.8M), Slovakia ($3.68M), Romania ($2.83M), Germany ($745k), and Poland ($721k).

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IN 2018, Hungary HAD A POSITIVE NET TRADE IN Railway Freight Cars WITH:: Netherlands, $2.91k ($3.95k - $1.04k)

IN 2018, Hungary HAD A NEGATIVE NET TRADE IN Railway Freight Cars WITH:

  • Czechia, -$8.58M ($2.19M - $10.8M)
  • Slovakia, -$2.88M ($795k - $3.68M)
  • Romania, -$2.82M ($5.94k - $2.83M)
Flow

THE FASTEST GROWING Railway Freight Cars EXPORT MARKETS FOR Hungary WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Freight Cars 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 Railway Freight Cars were:

In 2018, Hungary's main importing competitors in Railway Freight Cars were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Railway Freight Cars 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 Railway Freight Cars was 7.5%.

The countries with the highest tariffs for Railway Freight Cars in Hungary were Angola (7.5%), Burundi (7.5%), Benin (7.5%), Burkina Faso (7.5%), and Botswana (7.5%).

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