Packaged Medicaments in Hungary

EXPORTS (2018): $3.76B, World Rnk 20 / 190
Flag Rnk 4 / 1175

TOP DESTINATION (2018): $484M, Romania

FASTEST GROWING MARKET (2017 - 2018): $79.6M, Romania

IMPORTS (2018): $3.21B, World Rnk 22 / 217
Flag Rnk 3 / 1198

TOP ORIGIN (2018): $846M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $320M, Germany

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

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Overview: This page contains the latest trade data of Packaged Medicaments in Hungary.

Exports: In 2018, Hungary exported $3.76B in Packaged Medicaments, making it the 20th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most exported product in Hungary. The main destination of Packaged Medicaments exports from Hungary are: Romania ($484M), Germany ($278M), Poland ($268M), Russia ($261M), and Bulgaria ($246M).

The fastest growing export markets for Packaged Medicaments of Hungary between 2017 and 2018 were Romania ($79.6M), Ukraine ($67.4M), and Germany ($61.4M).

Imports: In 2018, Hungary imported $3.21B in Packaged Medicaments, becoming the 22nd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in Hungary. Hungary imports Packaged Medicaments primarily from: Germany ($846M), France ($464M), Belgium-Luxembourg ($372M), Netherlands ($222M), and United Kingdom ($185M).

The fastest growing import markets in Packaged Medicaments for Hungary between 2017 and 2018 were Germany ($320M), Belgium-Luxembourg ($102M), and Italy ($53.2M).

Value

EXPORTS (2018): $3.76B

IMPORTS (2018): $3.21B

NET TRADE (2018): $545M

In 2018, Hungary exported $3.76B in Packaged Medicaments. The main destinations of Hungary exports on Packaged Medicaments were Romania ($484M), Germany ($278M), Poland ($268M), Russia ($261M), and Bulgaria ($246M).

In 2018, Hungary imported $3.21B in Packaged Medicaments, mainly from Germany ($846M), France ($464M), Belgium-Luxembourg ($372M), Netherlands ($222M), and United Kingdom ($185M).

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IN 2018, Hungary HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • Romania, $442M ($484M - $41.7M)
  • Russia, $258M ($261M - $2.93M)
  • Bulgaria, $222M ($246M - $23.4M)

IN 2018, Hungary HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Germany, -$568M ($278M - $846M)
  • Belgium-Luxembourg, -$362M ($9.6M - $372M)
  • France, -$280M ($183M - $464M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Hungary WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments 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 Packaged Medicaments were:

In 2018, Hungary's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments 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 tariffs for Packaged Medicaments in the imports of Hungary were of 0% around the world.

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