2022
Exports | Imports
$651M | $175MWorld Rnk 11 / 158
Flag Rnk 47 / 1206
World Rnk 31 / 215
Flag Rnk 160 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.36Rnk 13 / 124
2022
PRODUCT COMPLEXITY IN Amino-resins
1.1Rnk 140 / 1025

About

Exports In 2022, Hungary exported $651M in Amino-resins, making it the 11th largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 47th most exported product in Hungary. The main destination of Amino-resins exports from Hungary are: Poland ($109M), United States ($90.7M), Germany ($77.5M), Romania ($69.4M), and Turkey ($43.8M).

The fastest growing export markets for Amino-resins of Hungary between 2021 and 2022 were United States ($50.2M), Turkey ($10.2M), and Spain ($6.8M).

Imports In 2022, Hungary imported $175M in Amino-resins, becoming the 31st largest importer of Amino-resins in the world. At the same year, Amino-resins was the 160th most imported product in Hungary. Hungary imports Amino-resins primarily from: Germany ($55M), Czechia ($29.9M), Romania ($18.5M), Netherlands ($15.7M), and Poland ($9.85M).

The fastest growing import markets in Amino-resins for Hungary between 2021 and 2022 were Czechia ($9.76M), Romania ($4.84M), and Netherlands ($4.18M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Amino-resins from Hungary to the United States.

Latest Trends

Jan 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 Amino-resins. 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 (2022)$651M
IMPORTS (2022)$175M
NET TRADE (2022)$476M

In 2022, Hungary exported $651M in Amino-resins. The main destinations of Hungary exports on Amino-resins were Poland ($109M), United States ($90.7M), Germany ($77.5M), Romania ($69.4M), and Turkey ($43.8M).

In 2022, Hungary imported $175M in Amino-resins, mainly from Germany ($55M), Czechia ($29.9M), Romania ($18.5M), Netherlands ($15.7M), and Poland ($9.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$50.2M (124%)
Turkey$10.2M (30.3%)
Spain$6.8M (49.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amino-resins BY Hungary WERE (2021 - 2022):
France-$27.1M (-46.5%)
Poland-$13.1M (-10.8%)
Romania-$12.7M (-15.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Amino-resins were:
Germany $3.83B
China $3.81B
Belgium $2.23B
In 2022, Hungary's main importing competitors in Amino-resins were:

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Trade Value of Amino-resins by Exporters

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