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Exports In 2022, Hungary exported $216k in Carboxylic acids (phenol function only) & derivatives, making it the 33rd largest exporter of Carboxylic acids (phenol function only) & derivatives in the world. At the same year, Carboxylic acids (phenol function only) & derivatives was the 2997th most exported product in Hungary. The main destination of Carboxylic acids (phenol function only) & derivatives exports from Hungary are: Switzerland ($70.5k), United States ($48.6k), Slovenia ($21.2k), Germany ($20.6k), and Slovakia ($18.8k).

The fastest growing export markets for Carboxylic acids (phenol function only) & derivatives of Hungary between 2021 and 2022 were Switzerland ($67.2k), United States ($36.6k), and Slovenia ($16.1k).

Imports In 2022, Hungary imported $5.08M in Carboxylic acids (phenol function only) & derivatives, becoming the 31st largest importer of Carboxylic acids (phenol function only) & derivatives in the world. At the same year, Carboxylic acids (phenol function only) & derivatives was the 1869th most imported product in Hungary. Hungary imports Carboxylic acids (phenol function only) & derivatives primarily from: Germany ($1.93M), Switzerland ($1.08M), Belgium ($802k), South Korea ($456k), and Japan ($371k).

The fastest growing import markets in Carboxylic acids (phenol function only) & derivatives for Hungary between 2021 and 2022 were Belgium ($429k), Germany ($263k), and Italy ($118k).

COMPANIES In 2023, leading companies such as Robert Bosch (1.07k), Hankook Tires (188), and ZF Friedrichshafen (47) were at the forefront of shipping Carboxylic acids (phenol function only) & derivatives from Hungary to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Carboxylic acids (phenol function only) & derivatives. 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)$216k
IMPORTS (2022)$5.08M
NET TRADE (2022)-$4.86M

In 2022, Hungary exported $216k in Carboxylic acids (phenol function only) & derivatives. The main destinations of Hungary exports on Carboxylic acids (phenol function only) & derivatives were Switzerland ($70.5k), United States ($48.6k), Slovenia ($21.2k), Germany ($20.6k), and Slovakia ($18.8k).

In 2022, Hungary imported $5.08M in Carboxylic acids (phenol function only) & derivatives, mainly from Germany ($1.93M), Switzerland ($1.08M), Belgium ($802k), South Korea ($456k), and Japan ($371k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic acids (phenol function only) & derivatives EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Switzerland$67.2k (2.01k%)
United States$36.6k (306%)
Slovenia$16.1k (319%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic acids (phenol function only) & derivatives BY Hungary WERE (2021 - 2022):
China-$16.5k (-89.7%)
South Korea-$3.17k (-55.6%)
Canada-$1.99k (-40%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Hungary's main exporting competitors in Carboxylic acids (phenol function only) & derivatives were:
In 2022, Hungary's main importing competitors in Carboxylic acids (phenol function only) & derivatives were:

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Trade Value of Carboxylic acids (phenol function only) & derivatives by Exporters

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