2022
Exports
$632MWorld Rnk 12 / 194
Flag Rnk 49 / 1206
2022
PRODUCT COMPLEXITY IN Harvesting Machinery
0.77Rnk 257 / 1025
2022
Imports
$389MWorld Rnk 17 / 222
Flag Rnk 79 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $632M in Harvesting Machinery, making it the 12th largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 49th most exported product in Hungary. The main destination of Harvesting Machinery exports from Hungary are: Germany ($189M), United States ($52.4M), France ($37.7M), Poland ($31.7M), and United Kingdom ($30.8M).

The fastest growing export markets for Harvesting Machinery of Hungary between 2021 and 2022 were Germany ($17.9M), United States ($13.6M), and Bulgaria ($12.8M).

Imports In 2022, Hungary imported $389M in Harvesting Machinery, becoming the 17th largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 79th most imported product in Hungary. Hungary imports Harvesting Machinery primarily from: Germany ($160M), Austria ($31.6M), China ($25.3M), Czechia ($22.8M), and Belgium ($22.5M).

The fastest growing import markets in Harvesting Machinery for Hungary between 2021 and 2022 were Germany ($31.2M), Austria ($7.36M), and Belgium ($6.88M).

COMPANIES In 2023, leading companies such as John Deere (1) were at the forefront of shipping Harvesting Machinery from Hungary to the United States.

Latest Trends

Sep 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 Harvesting Machinery. 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)$632M
IMPORTS (2022)$389M
NET TRADE (2022)$243M

In 2022, Hungary exported $632M in Harvesting Machinery. The main destinations of Hungary exports on Harvesting Machinery were Germany ($189M), United States ($52.4M), France ($37.7M), Poland ($31.7M), and United Kingdom ($30.8M).

In 2022, Hungary imported $389M in Harvesting Machinery, mainly from Germany ($160M), Austria ($31.6M), China ($25.3M), Czechia ($22.8M), and Belgium ($22.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$17.9M (10.5%)
United States$13.6M (35%)
Bulgaria$12.8M (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY Hungary WERE (2021 - 2022):
Russia-$19.9M (-42.2%)
Romania-$10.6M (-31.8%)
Ukraine-$7.3M (-38.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Harvesting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.1M
TOP IMPORT POTENTIALChina+ $12.4M

Harvesting Machinery’s highest export potential is United States. With an export gap of $27.1M.   Harvesting Machinery’s highest import potential is China with an import gap of $12.4M.

See methodology.

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