2022
Exports
$536MWorld Rnk 32 / 226
Flag Rnk 56 / 1206
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$3.32BWorld Rnk 20 / 225
Flag Rnk 6 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $536M in Integrated Circuits, making it the 32nd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 56th most exported product in Hungary. The main destination of Integrated Circuits exports from Hungary are: Germany ($164M), China ($71.7M), Ukraine ($65.3M), Mexico ($36.1M), and Romania ($21.7M).

The fastest growing export markets for Integrated Circuits of Hungary between 2021 and 2022 were Mexico ($21.9M), China ($12.5M), and Hong Kong ($10.2M).

Imports In 2022, Hungary imported $3.32B in Integrated Circuits, becoming the 20th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 6th most imported product in Hungary. Hungary imports Integrated Circuits primarily from: Germany ($1.54B), Hong Kong ($309M), China ($167M), Netherlands ($156M), and Singapore ($117M).

The fastest growing import markets in Integrated Circuits for Hungary between 2021 and 2022 were Germany ($210M), Hong Kong ($148M), and China ($24.1M).

Latest Trends

Aug 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 (2022)$536M
IMPORTS (2022)$3.32B
NET TRADE (2022)-$2.78B

In 2022, Hungary exported $536M in Integrated Circuits. The main destinations of Hungary exports on Integrated Circuits were Germany ($164M), China ($71.7M), Ukraine ($65.3M), Mexico ($36.1M), and Romania ($21.7M).

In 2022, Hungary imported $3.32B in Integrated Circuits, mainly from Germany ($1.54B), Hong Kong ($309M), China ($167M), Netherlands ($156M), and Singapore ($117M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Mexico$21.9M (155%)
China$12.5M (21.2%)
Hong Kong$10.2M (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Hungary WERE (2021 - 2022):
Portugal-$25M (-63.4%)
Germany-$19.9M (-10.9%)
United Kingdom-$6.33M (-76.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Integrated Circuits were:
In 2022, 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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