2022
Exports
$643kWorld Rnk 28 / 68
Flag Rnk 943 / 1206
2022
PRODUCT COMPLEXITY IN Lignite
-1.47Rnk 945 / 1025
2022
Imports
$18.6MWorld Rnk 16 / 114
Flag Rnk 573 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $643k in Lignite, making it the 28th largest exporter of Lignite in the world. At the same year, Lignite was the 943rd most exported product in Hungary. The main destination of Lignite exports from Hungary are: Slovakia ($251k), Romania ($88.6k), Ukraine ($84k), Italy ($79.6k), and Bosnia and Herzegovina ($53.9k).

The fastest growing export markets for Lignite of Hungary between 2021 and 2022 were Romania ($85.2k), Ukraine ($84k), and Bosnia and Herzegovina ($25.5k).

Imports In 2022, Hungary imported $18.6M in Lignite, becoming the 16th largest importer of Lignite in the world. At the same year, Lignite was the 573rd most imported product in Hungary. Hungary imports Lignite primarily from: Czechia ($10.8M), Slovakia ($4.13M), Germany ($2.71M), Bosnia and Herzegovina ($532k), and Russia ($311k).

The fastest growing import markets in Lignite for Hungary between 2021 and 2022 were Czechia ($3.42M), Slovakia ($2.57M), and Bosnia and Herzegovina ($492k).

Latest Trends

Nov 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 (2022)$643k
IMPORTS (2022)$18.6M
NET TRADE (2022)-$17.9M

In 2022, Hungary exported $643k in Lignite. The main destinations of Hungary exports on Lignite were Slovakia ($251k), Romania ($88.6k), Ukraine ($84k), Italy ($79.6k), and Bosnia and Herzegovina ($53.9k).

In 2022, Hungary imported $18.6M in Lignite, mainly from Czechia ($10.8M), Slovakia ($4.13M), Germany ($2.71M), Bosnia and Herzegovina ($532k), and Russia ($311k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lignite EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$85.2k (2.56k%)
Ukraine$84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Hungary WERE (2021 - 2022):
Slovakia-$369k (-59.6%)
Italy-$58.7k (-42.4%)
Canada-$4.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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