2022
Exports
$3.1BWorld Rnk 14 / 98
Flag Rnk 7 / 1206
2022
PRODUCT COMPLEXITY IN Electricity
-0.67Rnk 750 / 1025
2022
Imports
$5.34BWorld Rnk 6 / 128
Flag Rnk 3 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.1B in Electricity, making it the 14th largest exporter of Electricity in the world. At the same year, Electricity was the 7th most exported product in Hungary. The main destination of Electricity exports from Hungary are: Croatia ($1.07B), Serbia ($808M), Romania ($523M), Austria ($306M), and Slovenia ($264M).

The fastest growing export markets for Electricity of Hungary between 2021 and 2022 were Croatia ($646M), Serbia ($375M), and Romania ($277M).

Imports In 2022, Hungary imported $5.34B in Electricity, becoming the 6th largest importer of Electricity in the world. At the same year, Electricity was the 3rd most imported product in Hungary. Hungary imports Electricity primarily from: Slovakia ($2.6B), Romania ($1.06B), Austria ($927M), Croatia ($405M), and Serbia ($210M).

The fastest growing import markets in Electricity for Hungary between 2021 and 2022 were Slovakia ($1.31B), Romania ($785M), and Austria ($487M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.1B
IMPORTS (2022)$5.34B
NET TRADE (2022)-$2.24B

In 2022, Hungary exported $3.1B in Electricity. The main destinations of Hungary exports on Electricity were Croatia ($1.07B), Serbia ($808M), Romania ($523M), Austria ($306M), and Slovenia ($264M).

In 2022, Hungary imported $5.34B in Electricity, mainly from Slovakia ($2.6B), Romania ($1.06B), Austria ($927M), Croatia ($405M), and Serbia ($210M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Croatia$646M (152%)
Serbia$375M (86.7%)
Romania$277M (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Hungary WERE (2021 - 2022):
Bosnia and Herzegovina-$22.1M (-100%)
Greece-$11M (-100%)
Ukraine-$3.99M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hungary's main exporting competitors in Electricity were:
In 2022, Hungary's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electricity by Exporters

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