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2022
Exports $70.9MWorld Rnk 14 / 179
Flag Rnk 241 / 1206
2022
Destination $3.03M Germany
2021 - 2022
FASTEST GROWING MARKET $3.03MRomania
2022
PRODUCT COMPLEXITY IN Candles0.33Rnk 433 / 1025
2022
Imports $80.1MWorld Rnk 16 / 219
Flag Rnk 292 / 1210
2022
Origin $22M Poland
2021 - 2022
FASTEST GROWING ORIGIN $22MPoland
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $70.9M in Candles, making it the 14th largest exporter of Candles in the world. At the same year, Candles was the 241st most exported product in Hungary. The main destination of Candles exports from Hungary are: Germany ($33.5M), Denmark ($8.1M), Romania ($7.95M), Austria ($5.14M), and Croatia ($2.72M).

The fastest growing export markets for Candles of Hungary between 2021 and 2022 were Romania ($3.03M), Denmark ($2.83M), and Germany ($1.94M).

Imports In 2022, Hungary imported $80.1M in Candles, becoming the 16th largest importer of Candles in the world. At the same year, Candles was the 292nd most imported product in Hungary. Hungary imports Candles primarily from: Poland ($46.9M), China ($16.6M), Austria ($6.38M), Germany ($4.26M), and Slovakia ($3.24M).

The fastest growing import markets in Candles for Hungary between 2021 and 2022 were Poland ($22M), China ($12.3M), and Austria ($5.95M).

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 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 (2022)$70.9M
IMPORTS (2022)$80.1M
NET TRADE (2022)-$9.23M

In 2022, Hungary exported $70.9M in Candles. The main destinations of Hungary exports on Candles were Germany ($33.5M), Denmark ($8.1M), Romania ($7.95M), Austria ($5.14M), and Croatia ($2.72M).

In 2022, Hungary imported $80.1M in Candles, mainly from Poland ($46.9M), China ($16.6M), Austria ($6.38M), Germany ($4.26M), and Slovakia ($3.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$3.03M (61.7%)
Denmark$2.83M (53.6%)
Germany$1.94M (6.16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Hungary WERE (2021 - 2022):
United States-$165k (-96.8%)
France-$131k (-58.9%)
Estonia-$107k (-65.6%)
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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 Candles were:
China $1.27B
Poland $987M
Vietnam $615M
In 2022, Hungary's main importing competitors in Candles were:
United States $1.08B
Germany $681M
United Kingdom $373M

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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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