2022
Exports
$3.81MWorld Rnk 30 / 112
Flag Rnk 706 / 1206
2022
PRODUCT COMPLEXITY IN Forage Crops
-0.89Rnk 805 / 1025
2022
Imports
$1.17MWorld Rnk 60 / 171
Flag Rnk 1006 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.81M in Forage Crops, making it the 30th largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 706th most exported product in Hungary. The main destination of Forage Crops exports from Hungary are: Romania ($1.32M), Germany ($659k), Serbia ($387k), Croatia ($336k), and Austria ($283k).

The fastest growing export markets for Forage Crops of Hungary between 2021 and 2022 were Germany ($313k), Slovenia ($152k), and Italy ($118k).

Imports In 2022, Hungary imported $1.17M in Forage Crops, becoming the 60th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 1006th most imported product in Hungary. Hungary imports Forage Crops primarily from: Austria ($360k), Poland ($230k), Germany ($142k), Netherlands ($120k), and Romania ($97.9k).

The fastest growing import markets in Forage Crops for Hungary between 2021 and 2022 were Poland ($171k), Austria ($162k), and Netherlands ($103k).

Latest Trends

Jul 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 Forage Crops. 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)$3.81M
IMPORTS (2022)$1.17M
NET TRADE (2022)$2.64M

In 2022, Hungary exported $3.81M in Forage Crops. The main destinations of Hungary exports on Forage Crops were Romania ($1.32M), Germany ($659k), Serbia ($387k), Croatia ($336k), and Austria ($283k).

In 2022, Hungary imported $1.17M in Forage Crops, mainly from Austria ($360k), Poland ($230k), Germany ($142k), Netherlands ($120k), and Romania ($97.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forage Crops EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$313k (90.3%)
Slovenia$152k (326%)
Italy$118k (186%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forage Crops BY Hungary WERE (2021 - 2022):
Croatia-$77k (-18.6%)
Serbia-$64.4k (-14.3%)
United Kingdom-$46.5k (-74.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Forage Crops were:
In 2022, Hungary's main importing competitors in Forage Crops were:

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Trade Value of Forage Crops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $126k
TOP IMPORT POTENTIALRomania+ $76.7k

Forage Crops’s highest export potential is Netherlands. With an export gap of $126k.   Forage Crops’s highest import potential is Romania with an import gap of $76.7k.

See methodology.

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