2022
Exports
$40.4MWorld Rnk 15 / 149
Flag Rnk 325 / 1206
2022
PRODUCT COMPLEXITY IN Cereal Meal and Pellets
-1.07Rnk 850 / 1025
2022
Imports
$2.84MWorld Rnk 77 / 211
Flag Rnk 901 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $40.4M in Cereal Meal and Pellets, making it the 15th largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 325th most exported product in Hungary. The main destination of Cereal Meal and Pellets exports from Hungary are: Romania ($11.5M), Poland ($9.21M), Croatia ($3.59M), Italy ($3.47M), and Slovenia ($2.2M).

The fastest growing export markets for Cereal Meal and Pellets of Hungary between 2021 and 2022 were Romania ($2.85M), Netherlands ($1.47M), and Slovenia ($1.36M).

Imports In 2022, Hungary imported $2.84M in Cereal Meal and Pellets, becoming the 77th largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 901st most imported product in Hungary. Hungary imports Cereal Meal and Pellets primarily from: Poland ($1.24M), Germany ($487k), Serbia ($265k), Romania ($265k), and Spain ($164k).

The fastest growing import markets in Cereal Meal and Pellets for Hungary between 2021 and 2022 were Serbia ($265k), Ukraine ($52.3k), and Poland ($38k).

Latest Trends

Nov 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 Cereal Meal and Pellets. 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)$40.4M
IMPORTS (2022)$2.84M
NET TRADE (2022)$37.5M

In 2022, Hungary exported $40.4M in Cereal Meal and Pellets. The main destinations of Hungary exports on Cereal Meal and Pellets were Romania ($11.5M), Poland ($9.21M), Croatia ($3.59M), Italy ($3.47M), and Slovenia ($2.2M).

In 2022, Hungary imported $2.84M in Cereal Meal and Pellets, mainly from Poland ($1.24M), Germany ($487k), Serbia ($265k), Romania ($265k), and Spain ($164k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$2.85M (33.1%)
Netherlands$1.47M (1.54k%)
Slovenia$1.36M (161%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY Hungary WERE (2021 - 2022):
Czechia-$1.1M (-35.8%)
Spain-$910k (-100%)
Ukraine-$426k (-59%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Cereal Meal and Pellets were:
In 2022, Hungary's main importing competitors in Cereal Meal and Pellets were:

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $442k
TOP IMPORT POTENTIALItaly+ $112k

Cereal Meal and Pellets’s highest export potential is Germany. With an export gap of $442k.   Cereal Meal and Pellets’s highest import potential is Italy with an import gap of $112k.

See methodology.

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