2022
Exports
$20.9MWorld Rnk 34 / 152
Flag Rnk 411 / 1206
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$75.1MWorld Rnk 17 / 219
Flag Rnk 302 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $20.9M in Fermented Milk Products, making it the 34th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 411th most exported product in Hungary. The main destination of Fermented Milk Products exports from Hungary are: Romania ($18M), Croatia ($1.22M), Slovakia ($521k), Bulgaria ($279k), and Qatar ($208k).

The fastest growing export markets for Fermented Milk Products of Hungary between 2021 and 2022 were Romania ($5.15M), Croatia ($327k), and Bulgaria ($155k).

Imports In 2022, Hungary imported $75.1M in Fermented Milk Products, becoming the 17th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 302nd most imported product in Hungary. Hungary imports Fermented Milk Products primarily from: Poland ($22.6M), Germany ($20.4M), Romania ($13.9M), Belgium ($7.47M), and Austria ($3.89M).

The fastest growing import markets in Fermented Milk Products for Hungary between 2021 and 2022 were Poland ($3.82M), Belgium ($2.29M), and Netherlands ($138k).

Latest Trends

Mar 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 Fermented Milk Products. 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)$20.9M
IMPORTS (2022)$75.1M
NET TRADE (2022)-$54.2M

In 2022, Hungary exported $20.9M in Fermented Milk Products. The main destinations of Hungary exports on Fermented Milk Products were Romania ($18M), Croatia ($1.22M), Slovakia ($521k), Bulgaria ($279k), and Qatar ($208k).

In 2022, Hungary imported $75.1M in Fermented Milk Products, mainly from Poland ($22.6M), Germany ($20.4M), Romania ($13.9M), Belgium ($7.47M), and Austria ($3.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$5.15M (40%)
Croatia$327k (36.6%)
Bulgaria$155k (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Hungary WERE (2021 - 2022):
Saudi Arabia-$3.98M (-100%)
Serbia-$179k (-47.5%)
Bosnia and Herzegovina-$67.8k (-56.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Fermented Milk Products were:
In 2022, Hungary's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

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