HS Icon Integrated Circuits in  Flag Hungary

2021
Exports | Imports
: $503M | $3.71B, World Rnk 27 / 224
Flag Rnk 63 / 1203 | World Rnk 20 / 224
Flag Rnk 3 / 1210

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $55.5M | $253M, Germany |  Germany

2021
ECONOMIC COMPLEXITY of Hungary
: 1.36, Rnk 14 / 131

2021
PRODUCT COMPLEXITY IN Integrated Circuits
: 1.49, Rnk 56 / 1029

Exports In 2021, Hungary exported $503M in Integrated Circuits, making it the 27th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 63rd most exported product in Hungary. The main destination of Integrated Circuits exports from Hungary are: Germany ($184M), China ($59.3M), Ukraine ($56.6M), Portugal ($39.4M), and Romania ($22.2M).

The fastest growing export markets for Integrated Circuits of Hungary between 2020 and 2021 were Germany ($55.5M), Portugal ($30.3M), and China ($18.5M).

Imports In 2021, Hungary imported $3.71B 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 ($1.34B), Netherlands ($702M), France ($206M), United States ($202M), and Serbia ($162M).

The fastest growing import markets in Integrated Circuits for Hungary between 2020 and 2021 were Germany ($253M), United States ($104M), and Hong Kong ($92.7M).

Tariffs In 2002, the average tariff for Hungary in Integrated Circuits was 4.86%. The countries with the highest import tariffs for Integrated Circuits were Angola (Most Favoured Nation duty rate treatment, 4.86%), Burundi (Most Favoured Nation duty rate treatment, 4.86%), Benin (Most Favoured Nation duty rate treatment, 4.86%), Burkina Faso (Most Favoured Nation duty rate treatment, 4.86%), and Botswana (Most Favoured Nation duty rate treatment, 4.86%).

Subnational Monthly Trade

#permalink to section
View
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.

Explore Latest Trends

Historical Data

#permalink to section
Color

EXPORTS (2021): $503M

IMPORTS (2021): $3.71B

NET TRADE (2021): -$3.21B

In 2021, Hungary exported $503M in Integrated Circuits. The main destinations of Hungary exports on Integrated Circuits were Germany ($184M), China ($59.3M), Ukraine ($56.6M), Portugal ($39.4M), and Romania ($22.2M).

In 2021, Hungary imported $3.71B in Integrated Circuits, mainly from Germany ($1.34B), Netherlands ($702M), France ($206M), United States ($202M), and Serbia ($162M).

Explore Visualizations

Flow

THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Hungary WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Hungary WERE (2020 - 2021):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2021, Hungary's main exporting competitors in Integrated Circuits were:

In 2021, Hungary's main importing competitors in Integrated Circuits were:

Explore Visualizations