2022
Exports
$3.64MWorld Rnk 59 / 144
Flag Rnk 713 / 1206
2022
PRODUCT COMPLEXITY IN Copper Wire
-0.44Rnk 683 / 1025
2022
Imports
$480MWorld Rnk 18 / 204
Flag Rnk 59 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.64M in Copper Wire, making it the 59th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 713th most exported product in Hungary. The main destination of Copper Wire exports from Hungary are: Germany ($1.58M), Italy ($798k), India ($299k), Romania ($194k), and Ukraine ($107k).

The fastest growing export markets for Copper Wire of Hungary between 2021 and 2022 were Germany ($976k), Romania ($110k), and Ukraine ($106k).

Imports In 2022, Hungary imported $480M in Copper Wire, becoming the 18th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 59th most imported product in Hungary. Hungary imports Copper Wire primarily from: Poland ($347M), Germany ($59.9M), Italy ($51.4M), Turkey ($4.14M), and Japan ($3.19M).

The fastest growing import markets in Copper Wire for Hungary between 2021 and 2022 were Poland ($22.6M), Romania ($2.15M), and Turkey ($977k).

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 Copper Wire. 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)$3.64M
IMPORTS (2022)$480M
NET TRADE (2022)-$477M

In 2022, Hungary exported $3.64M in Copper Wire. The main destinations of Hungary exports on Copper Wire were Germany ($1.58M), Italy ($798k), India ($299k), Romania ($194k), and Ukraine ($107k).

In 2022, Hungary imported $480M in Copper Wire, mainly from Poland ($347M), Germany ($59.9M), Italy ($51.4M), Turkey ($4.14M), and Japan ($3.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$976k (161%)
Romania$110k (132%)
Ukraine$106k (16.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Hungary WERE (2021 - 2022):
Estonia-$3.21M (-100%)
Italy-$606k (-43.2%)
Poland-$451k (-85.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Copper Wire were:
In 2022, Hungary's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1M
TOP IMPORT POTENTIALGermany+ $4.46M

Copper Wire’s highest export potential is Italy. With an export gap of $1M.   Copper Wire’s highest import potential is Germany with an import gap of $4.46M.

See methodology.

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