Electrical Transformers in Hungary | The Observatory of Economic Complexity

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Exports In 2022, Hungary exported $2.08B in Electrical Transformers, making it the 15th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 13th most exported product in Hungary. The main destination of Electrical Transformers exports from Hungary are: Germany ($1.02B), France ($140M), China ($107M), Italy ($87.7M), and Slovakia ($78.1M).

The fastest growing export markets for Electrical Transformers of Hungary between 2021 and 2022 were Italy ($51.6M), Germany ($44M), and France ($36.9M).

Imports In 2022, Hungary imported $1.74B in Electrical Transformers, becoming the 23rd largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 15th most imported product in Hungary. Hungary imports Electrical Transformers primarily from: Germany ($484M), China ($301M), Hong Kong ($101M), Czechia ($98.4M), and Japan ($77.4M).

The fastest growing import markets in Electrical Transformers for Hungary between 2021 and 2022 were Czechia ($37.5M), Hong Kong ($22.3M), and Thailand ($21.9M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electrical Transformers from Hungary to the United States.

Feb 2024

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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 Electrical Transformers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$2.08B

IMPORTS (2022)$1.74B

NET TRADE (2022)$344M

In 2022, Hungary exported $2.08B in Electrical Transformers. The main destinations of Hungary exports on Electrical Transformers were Germany ($1.02B), France ($140M), China ($107M), Italy ($87.7M), and Slovakia ($78.1M).

In 2022, Hungary imported $1.74B in Electrical Transformers, mainly from Germany ($484M), China ($301M), Hong Kong ($101M), Czechia ($98.4M), and Japan ($77.4M).