2022
Exports
$16.4MWorld Rnk 74 / 203
Flag Rnk 451 / 1206
2022
PRODUCT COMPLEXITY IN Hard Liquor
-0.52Rnk 708 / 1025
2022
Imports
$111MWorld Rnk 55 / 224
Flag Rnk 222 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $16.4M in Hard Liquor, making it the 74th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 451st most exported product in Hungary. The main destination of Hard Liquor exports from Hungary are: Slovakia ($7.88M), Italy ($3.08M), Germany ($1.02M), Romania ($948k), and Netherlands ($753k).

The fastest growing export markets for Hard Liquor of Hungary between 2021 and 2022 were Slovakia ($1.69M), Spain ($497k), and Netherlands ($177k).

Imports In 2022, Hungary imported $111M in Hard Liquor, becoming the 55th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 222nd most imported product in Hungary. Hungary imports Hard Liquor primarily from: Germany ($24.3M), Romania ($11.2M), Poland ($9.1M), United Kingdom ($8.13M), and Netherlands ($7.52M).

The fastest growing import markets in Hard Liquor for Hungary between 2021 and 2022 were Romania ($8.04M), United States ($1.98M), and Slovakia ($1.45M).

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 Hard Liquor. 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)$16.4M
IMPORTS (2022)$111M
NET TRADE (2022)-$94.5M

In 2022, Hungary exported $16.4M in Hard Liquor. The main destinations of Hungary exports on Hard Liquor were Slovakia ($7.88M), Italy ($3.08M), Germany ($1.02M), Romania ($948k), and Netherlands ($753k).

In 2022, Hungary imported $111M in Hard Liquor, mainly from Germany ($24.3M), Romania ($11.2M), Poland ($9.1M), United Kingdom ($8.13M), and Netherlands ($7.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Slovakia$1.69M (27.3%)
Spain$497k (3.4k%)
Netherlands$177k (30.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Hungary WERE (2021 - 2022):
Germany-$546k (-34.9%)
Italy-$533k (-14.8%)
Ireland-$163k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.29M
TOP IMPORT POTENTIALUnited Kingdom+ $6.53M

Hard Liquor’s highest export potential is Germany. With an export gap of $1.29M.   Hard Liquor’s highest import potential is United Kingdom with an import gap of $6.53M.

See methodology.

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