2023
Exports
$423MWorld Rnk 32 / 224
Flag Rnk 68 / 1203
2023
PRODUCT COMPLEXITY IN Centrifuges
1.22Rnk 101 / 1025
2023
Imports
$819MWorld Rnk 31 / 225
Flag Rnk 35 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $423M in Centrifuges, making it the 32nd largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 68th most exported product in Hungary. The main destination of Centrifuges exports from Hungary are: Germany ($66.6M), United States ($48.9M), Canada ($31.7M), Romania ($26.5M), and China ($24.2M).

The fastest growing export markets for Centrifuges of Hungary between 2022 and 2023 were Poland ($10.4M), Canada ($9.46M), and United States ($8.3M).

Imports In 2023, Hungary imported $819M in Centrifuges, becoming the 31st largest importer of Centrifuges in the world. At the same year, Centrifuges was the 35th most imported product in Hungary. Hungary imports Centrifuges primarily from: Germany ($331M), Poland ($85.9M), Czechia ($75.3M), Mexico ($53.4M), and Italy ($39.3M).

The fastest growing import markets in Centrifuges for Hungary between 2022 and 2023 were China ($8.96M), Poland ($7.47M), and Austria ($5.33M).

Latest Trends

Jan 2025

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 Centrifuges. 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)$423M
IMPORTS (2023)$819M
NET TRADE (2023)-$396M

In 2023, Hungary exported $423M in Centrifuges. The main destinations of Hungary exports on Centrifuges were Germany ($66.6M), United States ($48.9M), Canada ($31.7M), Romania ($26.5M), and China ($24.2M).

In 2023, Hungary imported $819M in Centrifuges, mainly from Germany ($331M), Poland ($85.9M), Czechia ($75.3M), Mexico ($53.4M), and Italy ($39.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Poland$10.4M (110%)
Canada$9.46M (42.5%)
United States$8.3M (20.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Hungary WERE (2022 - 2023):
Russia-$8.33M (-85.3%)
Germany-$5.98M (-8.23%)
South Korea-$3.74M (-45.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $29M
TOP IMPORT POTENTIALChina+ $24.6M

Centrifuges’s highest export potential is Germany. With an export gap of $29M.   Centrifuges’s highest import potential is China with an import gap of $24.6M.

See methodology.

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