2023
Exports
$842kWorld Rnk 28 / 66
Flag Rnk 898 / 1203
2023
PRODUCT COMPLEXITY IN Lignite
-1.57Rnk 955 / 1025
2023
Imports
$7MWorld Rnk 23 / 111
Flag Rnk 742 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $842k in Lignite, making it the 28th largest exporter of Lignite in the world. At the same year, Lignite was the 898th most exported product in Hungary. The main destination of Lignite exports from Hungary are: Romania ($611k), Italy ($137k), Slovakia ($39.4k), North Macedonia ($33.9k), and France ($20.5k).

The fastest growing export markets for Lignite of Hungary between 2022 and 2023 were Romania ($507k), Italy ($42.3k), and Canada ($3).

Imports In 2023, Hungary imported $7M in Lignite, becoming the 23rd largest importer of Lignite in the world. At the same year, Lignite was the 742nd most imported product in Hungary. Hungary imports Lignite primarily from: Germany ($2.83M), Czechia ($2.01M), Slovakia ($1.81M), Poland ($184k), and Bosnia and Herzegovina ($66.6k).

The fastest growing import markets in Lignite for Hungary between 2022 and 2023 were Germany ($270k), Poland ($86.5k), and Austria ($43.9k).

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 Lignite. 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)$842k
IMPORTS (2023)$7M
NET TRADE (2023)-$6.16M

In 2023, Hungary exported $842k in Lignite. The main destinations of Hungary exports on Lignite were Romania ($611k), Italy ($137k), Slovakia ($39.4k), North Macedonia ($33.9k), and France ($20.5k).

In 2023, Hungary imported $7M in Lignite, mainly from Germany ($2.83M), Czechia ($2.01M), Slovakia ($1.81M), Poland ($184k), and Bosnia and Herzegovina ($66.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lignite EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Romania$507k (487%)
Italy$42.3k (44.7%)
Canada$3 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Hungary WERE (2022 - 2023):
Slovakia-$186k (-82.5%)
Ukraine-$90.1k (-100%)
Bosnia and Herzegovina-$54.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Lignite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSlovakia+ $25.9k
TOP IMPORT POTENTIALRussia+ $337k

Lignite’s highest export potential is Slovakia. With an export gap of $25.9k.   Lignite’s highest import potential is Russia with an import gap of $337k.

See methodology.

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