2022
Exports
$16.8MWorld Rnk 23 / 182
Flag Rnk 444 / 1206
2022
PRODUCT COMPLEXITY IN Blankets
-0.91Rnk 813 / 1025
2022
Imports
$26.9MWorld Rnk 40 / 220
Flag Rnk 500 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $16.8M in Blankets, making it the 23rd largest exporter of Blankets in the world. At the same year, Blankets was the 444th most exported product in Hungary. The main destination of Blankets exports from Hungary are: Romania ($4.19M), Slovakia ($1.8M), Germany ($1.68M), Croatia ($1.15M), and Bulgaria ($1.1M).

The fastest growing export markets for Blankets of Hungary between 2021 and 2022 were Romania ($920k), Bulgaria ($716k), and Spain ($641k).

Imports In 2022, Hungary imported $26.9M in Blankets, becoming the 40th largest importer of Blankets in the world. At the same year, Blankets was the 500th most imported product in Hungary. Hungary imports Blankets primarily from: China ($12.7M), Poland ($2.9M), Germany ($1.46M), Slovakia ($1.24M), and Greece ($1.24M).

The fastest growing import markets in Blankets for Hungary between 2021 and 2022 were China ($7.34M), Pakistan ($628k), and Norway ($547k).

Latest Trends

Jul 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 Blankets. 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)$16.8M
IMPORTS (2022)$26.9M
NET TRADE (2022)-$10.1M

In 2022, Hungary exported $16.8M in Blankets. The main destinations of Hungary exports on Blankets were Romania ($4.19M), Slovakia ($1.8M), Germany ($1.68M), Croatia ($1.15M), and Bulgaria ($1.1M).

In 2022, Hungary imported $26.9M in Blankets, mainly from China ($12.7M), Poland ($2.9M), Germany ($1.46M), Slovakia ($1.24M), and Greece ($1.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blankets EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$920k (28.2%)
Bulgaria$716k (186%)
Spain$641k (350%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blankets BY Hungary WERE (2021 - 2022):
Czechia-$292k (-56.1%)
Poland-$177k (-63.9%)
China-$117k (-54.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Blankets were:
China $4.39B
India $217M
Germany $91.3M
In 2022, Hungary's main importing competitors in Blankets were:

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Trade Value of Blankets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $669k
TOP IMPORT POTENTIALChina+ $2.27M

Blankets’s highest export potential is Germany. With an export gap of $669k.   Blankets’s highest import potential is China with an import gap of $2.27M.

See methodology.

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