2022
Exports
$262MWorld Rnk 9 / 177
Flag Rnk 106 / 1206
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$82.9MWorld Rnk 26 / 221
Flag Rnk 285 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $262M in Bandages, making it the 9th largest exporter of Bandages in the world. At the same year, Bandages was the 106th most exported product in Hungary. The main destination of Bandages exports from Hungary are: Denmark ($39.3M), France ($34.9M), United Kingdom ($27.4M), Germany ($23M), and Belgium ($22.4M).

The fastest growing export markets for Bandages of Hungary between 2021 and 2022 were United Kingdom ($5.95M), Spain ($2.81M), and Italy ($2.75M).

Imports In 2022, Hungary imported $82.9M in Bandages, becoming the 26th largest importer of Bandages in the world. At the same year, Bandages was the 285th most imported product in Hungary. Hungary imports Bandages primarily from: Germany ($15.7M), Poland ($14M), Denmark ($13.8M), Belgium ($13.7M), and China ($6.57M).

The fastest growing import markets in Bandages for Hungary between 2021 and 2022 were Poland ($4.16M), Belgium ($2.2M), and Germany ($1.44M).

Latest Trends

Oct 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 Bandages. 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)$262M
IMPORTS (2022)$82.9M
NET TRADE (2022)$179M

In 2022, Hungary exported $262M in Bandages. The main destinations of Hungary exports on Bandages were Denmark ($39.3M), France ($34.9M), United Kingdom ($27.4M), Germany ($23M), and Belgium ($22.4M).

In 2022, Hungary imported $82.9M in Bandages, mainly from Germany ($15.7M), Poland ($14M), Denmark ($13.8M), Belgium ($13.7M), and China ($6.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United Kingdom$5.95M (27.8%)
Spain$2.81M (40.8%)
Italy$2.75M (35.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Hungary WERE (2021 - 2022):
United States-$22.7M (-66.8%)
Japan-$6.22M (-26.4%)
Denmark-$5.25M (-11.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Bandages were:
In 2022, Hungary's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11M
TOP IMPORT POTENTIALChina+ $4.73M

Bandages’s highest export potential is United States. With an export gap of $11M.   Bandages’s highest import potential is China with an import gap of $4.73M.

See methodology.

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