HS Icon Broadcasting Equipment in  Flag Hungary

2020
Exports | Imports
: $2.66B | $2.67B, World Rnk 21 / 222
Flag Rnk 6 / 1200 | World Rnk 32 / 225
Flag Rnk 5 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $48.6M | $138M, Serbia |  Germany


ECONOMIC COMPLEXITY of Hungary
: 1.4, Rnk 14 / 127


PRODUCT COMPLEXITY  IN Broadcasting Equipment
: 0.65, Rnk 299 / 1028

Exports In 2020, Hungary exported $2.66B in Broadcasting Equipment, making it the 21st largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 6th most exported product in Hungary. The main destination of Broadcasting Equipment exports from Hungary are: Germany ($655M), Netherlands ($240M), Romania ($233M), France ($115M), and Sweden ($99.6M).

The fastest growing export markets for Broadcasting Equipment of Hungary between 2019 and 2020 were Serbia ($48.6M), Romania ($48.1M), and Hong Kong ($40.6M).

Imports In 2020, Hungary imported $2.67B in Broadcasting Equipment, becoming the 32nd largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 5th most imported product in Hungary. Hungary imports Broadcasting Equipment primarily from: Czechia ($621M), Slovakia ($397M), Germany ($338M), China ($210M), and Netherlands ($187M).

The fastest growing import markets in Broadcasting Equipment for Hungary between 2019 and 2020 were Germany ($138M), Czechia ($89.1M), and Chinese Taipei ($48.6M).

Tariffs In 2002, the average tariff for Hungary in Broadcasting Equipment was 12%. The countries with the highest import tariffs for Broadcasting Equipment were Angola (Most Favoured Nation duty rate treatement, 12%), Burundi (Most Favoured Nation duty rate treatement, 12%), Benin (Most Favoured Nation duty rate treatement, 12%), Burkina Faso (Most Favoured Nation duty rate treatement, 12%), and Botswana (Most Favoured Nation duty rate treatement, 12%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Broadcasting Equipment. 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

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EXPORTS (2020): $2.66B

IMPORTS (2020): $2.67B

NET TRADE (2020): -$9.36M

In 2020, Hungary exported $2.66B in Broadcasting Equipment. The main destinations of Hungary exports on Broadcasting Equipment were Germany ($655M), Netherlands ($240M), Romania ($233M), France ($115M), and Sweden ($99.6M).

In 2020, Hungary imported $2.67B in Broadcasting Equipment, mainly from Czechia ($621M), Slovakia ($397M), Germany ($338M), China ($210M), and Netherlands ($187M).

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IN 2020, Hungary HAD A POSITIVE NET TRADE IN Broadcasting Equipment WITH:

IN 2020, Hungary HAD A NEGATIVE NET TRADE IN Broadcasting Equipment WITH:

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THE FASTEST GROWING Broadcasting Equipment EXPORT MARKETS FOR Hungary WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Equipment BY Hungary WERE (2019 - 2020):

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Market Concentration

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In 2019, Hungary's main exporting competitors in Broadcasting Equipment were:

In 2019, Hungary's main importing competitors in Broadcasting Equipment were:

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