Electromagnets in Hungary

EXPORTS (2018): $22.2M, World Rnk 34 / 137
Flag Rnk 371 / 1175

TOP DESTINATION (2018): $8.99M, Germany

FASTEST GROWING MARKET (2017 - 2018): $5.21M, Germany

IMPORTS (2018): $226M, World Rnk 13 / 202
Flag 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%).

Value

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).

Explore Visualizations

IN 2018, Hungary HAD A POSITIVE NET TRADE IN Electromagnets WITH:

IN 2018, Hungary HAD A NEGATIVE NET TRADE IN Electromagnets WITH:

Flow

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):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, Hungary's main exporting competitors in Electromagnets were:

In 2018, Hungary's main importing competitors in Electromagnets were:

Explore Visualizations

Trade Forecasts

#permalink to section

Time

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.

Explore Forecasts

Tariffs by Country

#permalink to section

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%).

Explore Tariff Data