EXPORTS (2018): $22.2M, World Rnk 34 / 137
Rnk 371 / 1175
TOP DESTINATION (2018): $8.99M, Germany
FASTEST GROWING MARKET (2017 - 2018): $5.21M, Germany
IMPORTS (2018): $226M, World Rnk 13 / 202 Rnk 104 / 1198
TOP ORIGIN (2018): $83.4M, Germany
FASTEST GROWING ORIGIN (2017 - 2018): $40M, Germany
ECONOMIC COMPLEXITY of Hungary (2018): 1.44, Rnk 14 / 137
PRODUCT COMPLEXITY IN Electromagnets (2018): 1.33, Rnk 78 / 1018
Exports: In 2018, Hungary exported $22.2M in Electromagnets, making it the 34th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 371st most exported product in Hungary. The main destination of Electromagnets exports from Hungary are: Germany ($8.99M), Poland ($2.36M), China ($1.67M), United States ($1.3M), and Italy ($981k).
The fastest growing export markets for Electromagnets of Hungary between 2017 and 2018 were Germany ($5.21M), China ($807k), and Ukraine ($672k).
Imports: In 2018, Hungary imported $226M in Electromagnets, becoming the 13th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 104th most imported product in Hungary. Hungary imports Electromagnets primarily from: Germany ($83.4M), China ($35.6M), South Korea ($28M), Japan ($16.2M), and Austria ($10M).
The fastest growing import markets in Electromagnets for Hungary between 2017 and 2018 were Germany ($40M), Austria ($8.34M), and China ($4.29M).
Tariffs: In 2002, the average tariff for Hungary in Electromagnets was 9.79%. The countries with the highest import tariffs for Electromagnets were Angola (9.79%), Burundi (9.79%), Benin (9.79%), Burkina Faso (9.79%), and Botswana (9.79%).
EXPORTS (2018): $22.2M
IMPORTS (2018): $226M
NET TRADE (2018): -$204M
In 2018, Hungary exported $22.2M in Electromagnets. The main destinations of Hungary exports on Electromagnets were Germany ($8.99M), Poland ($2.36M), China ($1.67M), United States ($1.3M), and Italy ($981k).
In 2018, Hungary imported $226M in Electromagnets, mainly from Germany ($83.4M), China ($35.6M), South Korea ($28M), Japan ($16.2M), and Austria ($10M).
IN 2018, Hungary HAD A POSITIVE NET TRADE IN Electromagnets WITH:
IN 2018, Hungary HAD A NEGATIVE NET TRADE IN Electromagnets WITH:
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Hungary WERE (2017 - 2018):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Hungary WERE (2017 - 2018):
In 2018, Hungary's main exporting competitors in Electromagnets were:
In 2018, Hungary's main importing competitors in Electromagnets were:
This section shows forecasts for total exports and imports, for Electromagnets in Hungary. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.
In 2002, the average tariff for Hungary in Electromagnets was 9.79%.
The countries with the highest tariffs for Electromagnets in Hungary were Angola (9.79%), Burundi (9.79%), Benin (9.79%), Burkina Faso (9.79%), and Botswana (9.79%).
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