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2022
Exports $2.21kWorld Rnk 36 / 65
Flag Rnk 1190 / 1206
2022
Destination $1.75k Slovakia
2021 - 2022
FASTEST GROWING MARKET $1.75kSlovakia
2022
Imports $45.1kWorld Rnk 43 / 109
Flag Rnk 1177 / 1210
2022
Origin $8.13k Italy
2021 - 2022
FASTEST GROWING ORIGIN $8.13kItaly
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $2.21k in Articles of Gut, making it the 36th largest exporter of Articles of Gut in the world. At the same year, Articles of Gut was the 1190th most exported product in Hungary. The main destination of Articles of Gut exports from Hungary are: Slovakia ($1.75k) and Switzerland ($457).

The fastest growing export markets for Articles of Gut of Hungary between 2021 and 2022 were Slovakia ($1.75k) and Switzerland ($457).

Imports In 2022, Hungary imported $45.1k in Articles of Gut, becoming the 43rd largest importer of Articles of Gut in the world. At the same year, Articles of Gut was the 1177th most imported product in Hungary. Hungary imports Articles of Gut primarily from: Italy ($42.5k), Germany ($1.47k), and France ($1.11k).

The fastest growing import markets in Articles of Gut for Hungary between 2021 and 2022 were Italy ($8.13k) and Germany ($508).

Latest Trends

Sep 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 Articles of Gut. 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)$2.21k
IMPORTS (2022)$45.1k
NET TRADE (2022)-$42.9k

In 2022, Hungary exported $2.21k in Articles of Gut. The main destinations of Hungary exports on Articles of Gut were Slovakia ($1.75k) and Switzerland ($457).

In 2022, Hungary imported $45.1k in Articles of Gut, mainly from Italy ($42.5k), Germany ($1.47k), and France ($1.11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Articles of Gut EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Slovakia$1.75k (1%)
Switzerland$457 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Articles of Gut BY Hungary WERE (2021 - 2022):Netherlands-$996 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Articles of Gut were:
Brazil $13.6M
China $7.37M
Spain $4.33M
In 2022, Hungary's main importing competitors in Articles of Gut were:
United States $12.8M
Germany $5.33M
Italy $3.97M

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Trade Value of Articles of Gut by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Articles of Gut’s highest export potential is N/A. With an export gap of N/A.   Articles of Gut’s highest import potential is N/A with an import gap of N/A.

See methodology.

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