2023
Exports
$48.4MWorld Rnk 17 / 182
Flag Rnk 289 / 1203
2023
PRODUCT COMPLEXITY IN Candles
0.37Rnk 429 / 1025
2023
Imports
$55.6MWorld Rnk 19 / 219
Flag Rnk 336 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $48.4M in Candles, making it the 17th largest exporter of Candles in the world. At the same year, Candles was the 289th most exported product in Hungary. The main destination of Candles exports from Hungary are: Germany ($28.5M), Romania ($5.22M), Croatia ($3.05M), Italy ($2.4M), and Austria ($1.74M).

The fastest growing export markets for Candles of Hungary between 2022 and 2023 were Italy ($512k), Netherlands ($474k), and Croatia ($263k).

Imports In 2023, Hungary imported $55.6M in Candles, becoming the 19th largest importer of Candles in the world. At the same year, Candles was the 336th most imported product in Hungary. Hungary imports Candles primarily from: Poland ($33.9M), China ($7.7M), Germany ($3.81M), Slovakia ($3.8M), and Slovenia ($3.18M).

The fastest growing import markets in Candles for Hungary between 2022 and 2023 were Slovenia ($2.92M), Slovakia ($939k), and Croatia ($258k).

Latest Trends

Dec 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 Candles. 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 (2023)$48.4M
IMPORTS (2023)$55.6M
NET TRADE (2023)-$7.16M

In 2023, Hungary exported $48.4M in Candles. The main destinations of Hungary exports on Candles were Germany ($28.5M), Romania ($5.22M), Croatia ($3.05M), Italy ($2.4M), and Austria ($1.74M).

In 2023, Hungary imported $55.6M in Candles, mainly from Poland ($33.9M), China ($7.7M), Germany ($3.81M), Slovakia ($3.8M), and Slovenia ($3.18M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Italy$512k (27.1%)
Netherlands$474k (378%)
Croatia$263k (9.45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Hungary WERE (2022 - 2023):
Germany-$6.66M (-19%)
Romania-$2.87M (-35.5%)
Slovakia-$1.01M (-53.3%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Candles were:
In 2023, Hungary's main importing competitors in Candles were:

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $1.7M
TOP IMPORT POTENTIALChina+ $1.12M

Candles’s highest export potential is Austria. With an export gap of $1.7M.   Candles’s highest import potential is China with an import gap of $1.12M.

See methodology.

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