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2022
Exports $203MWorld Rnk 30 / 216
Flag Rnk 131 / 1206
2022
Destination $24.9M United States
2021 - 2022
FASTEST GROWING MARKET $24.9MUnited States
2022
PRODUCT COMPLEXITY IN Beauty Products0.42Rnk 400 / 1025
2022
Imports $273MWorld Rnk 37 / 223
Flag Rnk 112 / 1210
2022
Origin $16.3M Germany
2021 - 2022
FASTEST GROWING ORIGIN $16.3MChina
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $203M in Beauty Products, making it the 30th largest exporter of Beauty Products in the world. At the same year, Beauty Products was the 131st most exported product in Hungary. The main destination of Beauty Products exports from Hungary are: United States ($27.5M), Croatia ($22.9M), Romania ($16.3M), Austria ($14.5M), and Italy ($13.7M).

The fastest growing export markets for Beauty Products of Hungary between 2021 and 2022 were United States ($24.9M), Spain ($4.01M), and Canada ($2.32M).

Imports In 2022, Hungary imported $273M in Beauty Products, becoming the 37th largest importer of Beauty Products in the world. At the same year, Beauty Products was the 112th most imported product in Hungary. Hungary imports Beauty Products primarily from: Germany ($72.6M), Czechia ($37.8M), Poland ($32.6M), China ($26.1M), and Croatia ($15.1M).

The fastest growing import markets in Beauty Products for Hungary between 2021 and 2022 were China ($16.3M), France ($6M), and Germany ($5.41M).

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 Beauty Products. 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)$203M
IMPORTS (2022)$273M
NET TRADE (2022)-$69.5M

In 2022, Hungary exported $203M in Beauty Products. The main destinations of Hungary exports on Beauty Products were United States ($27.5M), Croatia ($22.9M), Romania ($16.3M), Austria ($14.5M), and Italy ($13.7M).

In 2022, Hungary imported $273M in Beauty Products, mainly from Germany ($72.6M), Czechia ($37.8M), Poland ($32.6M), China ($26.1M), and Croatia ($15.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beauty Products EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$24.9M (982%)
Spain$4.01M (294%)
Canada$2.32M (35.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beauty Products BY Hungary WERE (2021 - 2022):
Germany-$5.8M (-35.2%)
Austria-$2.99M (-17.1%)
Slovenia-$2.86M (-25.3%)
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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 Beauty Products were:
France $10.8B
South Korea $7.09B
United States $6.02B
In 2022, Hungary's main importing competitors in Beauty Products were:
China $11.1B
United States $5.77B
Hong Kong $3.78B

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Trade Value of Beauty Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.5M
TOP IMPORT POTENTIALFrance+ $11.8M

Beauty Products’s highest export potential is United States. With an export gap of $16.5M.   Beauty Products’s highest import potential is France with an import gap of $11.8M.

See methodology.

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