2022
Exports
$9.51MWorld Rnk 64 / 166
Flag Rnk 556 / 1206
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$28MWorld Rnk 89 / 224
Flag Rnk 489 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $9.51M in Concentrated Milk, making it the 64th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 556th most exported product in Hungary. The main destination of Concentrated Milk exports from Hungary are: Romania ($3.37M), Netherlands ($1.94M), Poland ($1.53M), France ($568k), and Bulgaria ($495k).

The fastest growing export markets for Concentrated Milk of Hungary between 2021 and 2022 were Romania ($1.42M), France ($404k), and Slovakia ($367k).

Imports In 2022, Hungary imported $28M in Concentrated Milk, becoming the 89th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 489th most imported product in Hungary. Hungary imports Concentrated Milk primarily from: Poland ($7.1M), Netherlands ($5.79M), Czechia ($4.05M), Germany ($2.68M), and Belgium ($2.05M).

The fastest growing import markets in Concentrated Milk for Hungary between 2021 and 2022 were Poland ($2.66M), Netherlands ($1.38M), and Italy ($268k).

Latest Trends

Sep 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 Concentrated Milk. 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)$9.51M
IMPORTS (2022)$28M
NET TRADE (2022)-$18.4M

In 2022, Hungary exported $9.51M in Concentrated Milk. The main destinations of Hungary exports on Concentrated Milk were Romania ($3.37M), Netherlands ($1.94M), Poland ($1.53M), France ($568k), and Bulgaria ($495k).

In 2022, Hungary imported $28M in Concentrated Milk, mainly from Poland ($7.1M), Netherlands ($5.79M), Czechia ($4.05M), Germany ($2.68M), and Belgium ($2.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$1.42M (73%)
France$404k (245%)
Slovakia$367k (822%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Hungary WERE (2021 - 2022):
Netherlands-$1.28M (-39.7%)
Greece-$404k (-57.3%)
Latvia-$233k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Concentrated Milk were:
In 2022, Hungary's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $837k
TOP IMPORT POTENTIALGermany+ $1.92M

Concentrated Milk’s highest export potential is Netherlands. With an export gap of $837k.   Concentrated Milk’s highest import potential is Germany with an import gap of $1.92M.

See methodology.

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