2022
Exports
$10.3MWorld Rnk 33 / 120
Flag Rnk 538 / 1206
2022
PRODUCT COMPLEXITY IN Glycerol
0.072Rnk 529 / 1025
2022
Imports
$19.1MWorld Rnk 32 / 197
Flag Rnk 566 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $10.3M in Glycerol, making it the 33rd largest exporter of Glycerol in the world. At the same year, Glycerol was the 538th most exported product in Hungary. The main destination of Glycerol exports from Hungary are: Germany ($5.22M), Czechia ($2.74M), Austria ($626k), Poland ($532k), and Croatia ($259k).

The fastest growing export markets for Glycerol of Hungary between 2021 and 2022 were Germany ($2.15M), Czechia ($1.14M), and Denmark ($227k).

Imports In 2022, Hungary imported $19.1M in Glycerol, becoming the 32nd largest importer of Glycerol in the world. At the same year, Glycerol was the 566th most imported product in Hungary. Hungary imports Glycerol primarily from: Germany ($11.5M), Czechia ($1.97M), Netherlands ($1.77M), Belgium ($1.54M), and Austria ($807k).

The fastest growing import markets in Glycerol for Hungary between 2021 and 2022 were Germany ($1.83M), Czechia ($731k), and Netherlands ($388k).

Latest Trends

Nov 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 Glycerol. 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)$10.3M
IMPORTS (2022)$19.1M
NET TRADE (2022)-$8.76M

In 2022, Hungary exported $10.3M in Glycerol. The main destinations of Hungary exports on Glycerol were Germany ($5.22M), Czechia ($2.74M), Austria ($626k), Poland ($532k), and Croatia ($259k).

In 2022, Hungary imported $19.1M in Glycerol, mainly from Germany ($11.5M), Czechia ($1.97M), Netherlands ($1.77M), Belgium ($1.54M), and Austria ($807k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glycerol EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$2.15M (70.1%)
Czechia$1.14M (71.2%)
Denmark$227k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glycerol BY Hungary WERE (2021 - 2022):
Ukraine-$111k (-51.9%)
United Arab Emirates-$101k (-100%)
Lithuania-$82.2k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Glycerol by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $125k
TOP IMPORT POTENTIALGermany+ $50.4k

Glycerol’s highest export potential is Netherlands. With an export gap of $125k.   Glycerol’s highest import potential is Germany with an import gap of $50.4k.

See methodology.

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