2022
Exports
$45.6MWorld Rnk 41 / 215
Flag Rnk 312 / 1206
2022
PRODUCT COMPLEXITY IN Iron Pipe Fittings
1.14Rnk 121 / 1025
2022
Imports
$132MWorld Rnk 36 / 224
Flag Rnk 199 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $45.6M in Iron Pipe Fittings, making it the 41st largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 312th most exported product in Hungary. The main destination of Iron Pipe Fittings exports from Hungary are: Germany ($11.8M), Romania ($4.8M), Sweden ($4.09M), Slovakia ($3.93M), and Poland ($1.94M).

The fastest growing export markets for Iron Pipe Fittings of Hungary between 2021 and 2022 were Czechia ($756k), Sweden ($697k), and Croatia ($562k).

Imports In 2022, Hungary imported $132M in Iron Pipe Fittings, becoming the 36th largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 199th most imported product in Hungary. Hungary imports Iron Pipe Fittings primarily from: Germany ($33.5M), Poland ($21.5M), Italy ($13.3M), China ($11M), and Austria ($9.93M).

The fastest growing import markets in Iron Pipe Fittings for Hungary between 2021 and 2022 were Poland ($11.2M), China ($2.61M), and South Korea ($2.28M).

Latest Trends

Jul 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 Iron Pipe Fittings. 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)$45.6M
IMPORTS (2022)$132M
NET TRADE (2022)-$86.6M

In 2022, Hungary exported $45.6M in Iron Pipe Fittings. The main destinations of Hungary exports on Iron Pipe Fittings were Germany ($11.8M), Romania ($4.8M), Sweden ($4.09M), Slovakia ($3.93M), and Poland ($1.94M).

In 2022, Hungary imported $132M in Iron Pipe Fittings, mainly from Germany ($33.5M), Poland ($21.5M), Italy ($13.3M), China ($11M), and Austria ($9.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Czechia$756k (104%)
Sweden$697k (20.5%)
Croatia$562k (41.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY Hungary WERE (2021 - 2022):
Poland-$1.3M (-40.1%)
Germany-$1.1M (-8.52%)
Denmark-$718k (-44.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Iron Pipe Fittings were:
In 2022, Hungary's main importing competitors in Iron Pipe Fittings were:

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.47M
TOP IMPORT POTENTIALChina+ $8.54M

Iron Pipe Fittings’s highest export potential is Germany. With an export gap of $4.47M.   Iron Pipe Fittings’s highest import potential is China with an import gap of $8.54M.

See methodology.

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