2023
Exports
$519MWorld Rnk 31 / 222
Flag Rnk 57 / 1203
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$4.42BWorld Rnk 20 / 224
Flag Rnk 3 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $519M in Integrated Circuits, making it the 31st largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 57th most exported product in Hungary. The main destination of Integrated Circuits exports from Hungary are: Germany ($186M), Portugal ($75.4M), China ($40.4M), Austria ($25.5M), and Bulgaria ($16.1M).

The fastest growing export markets for Integrated Circuits of Hungary between 2022 and 2023 were Portugal ($67.3M), Germany ($41.8M), and Bulgaria ($13.9M).

Imports In 2023, Hungary imported $4.42B in Integrated Circuits, becoming the 20th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 3rd most imported product in Hungary. Hungary imports Integrated Circuits primarily from: Germany ($1.71B), Netherlands ($1.02B), China ($267M), Hong Kong ($180M), and Belgium ($136M).

The fastest growing import markets in Integrated Circuits for Hungary between 2022 and 2023 were Germany ($291M), Netherlands ($231M), and China ($63.3M).

Latest Trends

Dec 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 Integrated Circuits. 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 (2023)$519M
IMPORTS (2023)$4.42B
NET TRADE (2023)-$3.9B

In 2023, Hungary exported $519M in Integrated Circuits. The main destinations of Hungary exports on Integrated Circuits were Germany ($186M), Portugal ($75.4M), China ($40.4M), Austria ($25.5M), and Bulgaria ($16.1M).

In 2023, Hungary imported $4.42B in Integrated Circuits, mainly from Germany ($1.71B), Netherlands ($1.02B), China ($267M), Hong Kong ($180M), and Belgium ($136M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Portugal$67.3M (829%)
Germany$41.8M (29%)
Bulgaria$13.9M (624%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Hungary WERE (2022 - 2023):
France-$10.9M (-68.4%)
Romania-$10.6M (-44.6%)
China-$9.85M (-19.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Integrated Circuits were:
In 2023, Hungary's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $89.6M
TOP IMPORT POTENTIALChina+ $161M

Integrated Circuits’s highest export potential is China. With an export gap of $89.6M.   Integrated Circuits’s highest import potential is China with an import gap of $161M.

See methodology.

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