2022
Exports
$7.91MWorld Rnk 16 / 86
Flag Rnk 586 / 1206
2022
PRODUCT COMPLEXITY IN Gimp Yarn
0.54Rnk 354 / 1025
2022
Imports
$1MWorld Rnk 68 / 161
Flag Rnk 1024 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $7.91M in Gimp Yarn, making it the 16th largest exporter of Gimp Yarn in the world. At the same year, Gimp Yarn was the 586th most exported product in Hungary. The main destination of Gimp Yarn exports from Hungary are: Italy ($6.75M), Germany ($589k), France ($221k), Spain ($107k), and Netherlands ($71.5k).

The fastest growing export markets for Gimp Yarn of Hungary between 2021 and 2022 were Germany ($480k), Netherlands ($43.8k), and France ($43.6k).

Imports In 2022, Hungary imported $1M in Gimp Yarn, becoming the 68th largest importer of Gimp Yarn in the world. At the same year, Gimp Yarn was the 1024th most imported product in Hungary. Hungary imports Gimp Yarn primarily from: Italy ($345k), Turkey ($214k), Germany ($150k), China ($78.1k), and Netherlands ($50.1k).

The fastest growing import markets in Gimp Yarn for Hungary between 2021 and 2022 were Italy ($67.9k), Netherlands ($50.1k), and United States ($26.1k).

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 Gimp Yarn. 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)$7.91M
IMPORTS (2022)$1M
NET TRADE (2022)$6.91M

In 2022, Hungary exported $7.91M in Gimp Yarn. The main destinations of Hungary exports on Gimp Yarn were Italy ($6.75M), Germany ($589k), France ($221k), Spain ($107k), and Netherlands ($71.5k).

In 2022, Hungary imported $1M in Gimp Yarn, mainly from Italy ($345k), Turkey ($214k), Germany ($150k), China ($78.1k), and Netherlands ($50.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gimp Yarn EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$480k (440%)
Netherlands$43.8k (158%)
France$43.6k (24.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gimp Yarn BY Hungary WERE (2021 - 2022):
Italy-$2.98M (-30.6%)
Spain-$497k (-82.2%)
United States-$75.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Gimp Yarn were:
China $228M
Italy $85.8M
Turkey $59.4M
In 2022, Hungary's main importing competitors in Gimp Yarn were:

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Trade Value of Gimp Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $279k
TOP IMPORT POTENTIALChina+ $88.9k

Gimp Yarn’s highest export potential is Germany. With an export gap of $279k.   Gimp Yarn’s highest import potential is China with an import gap of $88.9k.

See methodology.

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