2023
Exports
$193MWorld Rnk 26 / 176
Flag Rnk 130 / 1203
2023
PRODUCT COMPLEXITY IN Aluminium Bars
-0.075Rnk 584 / 1025
2023
Imports
$279MWorld Rnk 17 / 217
Flag Rnk 98 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $193M in Aluminium Bars, making it the 26th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 130th most exported product in Hungary. The main destination of Aluminium Bars exports from Hungary are: Germany ($99.5M), Austria ($31.9M), Slovenia ($18.7M), Croatia ($6.33M), and Czechia ($4.99M).

The fastest growing export markets for Aluminium Bars of Hungary between 2022 and 2023 were United Kingdom ($855k), Serbia ($388k), and Saudi Arabia ($318k).

Imports In 2023, Hungary imported $279M in Aluminium Bars, becoming the 17th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 98th most imported product in Hungary. Hungary imports Aluminium Bars primarily from: Germany ($89.4M), Slovenia ($35.3M), Turkey ($18.3M), Poland ($16.6M), and Switzerland ($15.8M).

The fastest growing import markets in Aluminium Bars for Hungary between 2022 and 2023 were Slovenia ($5.74M), Switzerland ($4.37M), and Netherlands ($3.52M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Aluminium Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$193M
IMPORTS (2023)$279M
NET TRADE (2023)-$85.5M

In 2023, Hungary exported $193M in Aluminium Bars. The main destinations of Hungary exports on Aluminium Bars were Germany ($99.5M), Austria ($31.9M), Slovenia ($18.7M), Croatia ($6.33M), and Czechia ($4.99M).

In 2023, Hungary imported $279M in Aluminium Bars, mainly from Germany ($89.4M), Slovenia ($35.3M), Turkey ($18.3M), Poland ($16.6M), and Switzerland ($15.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
United Kingdom$855k (50.6%)
Serbia$388k (82.2%)
Saudi Arabia$318k (39.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Hungary WERE (2022 - 2023):
Germany-$15.4M (-13.4%)
Austria-$7.8M (-19.6%)
Czechia-$4.58M (-47.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Aluminium Bars were:
China $3.08B
Turkey $1.85B
In 2023, Hungary's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $8.27M
TOP IMPORT POTENTIALAustria+ $10M

Aluminium Bars’s highest export potential is Austria. With an export gap of $8.27M.   Aluminium Bars’s highest import potential is Austria with an import gap of $10M.

See methodology.

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