2022
Exports
$19.4MWorld Rnk 35 / 195
Flag Rnk 422 / 1206
falsefalse Germany
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$92.7MWorld Rnk 32 / 224
Flag Rnk 259 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $19.4M in Lubricating Products, making it the 35th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 422nd most exported product in Hungary. The main destination of Lubricating Products exports from Hungary are: Germany ($3.87M), Romania ($2.15M), Slovakia ($1.43M), Russia ($1.39M), and United States ($1.3M).

Imports In 2022, Hungary imported $92.7M in Lubricating Products, becoming the 32nd largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 259th most imported product in Hungary. Hungary imports Lubricating Products primarily from: Germany ($52.4M), Austria ($4.68M), France ($4.06M), Czechia ($4.02M), and Belgium ($4M).

The fastest growing import markets in Lubricating Products for Hungary between 2021 and 2022 were Japan ($2.48M), Germany ($2.37M), and Belgium ($940k).

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 Lubricating Products. 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)$19.4M
IMPORTS (2022)$92.7M
NET TRADE (2022)-$73.3M

In 2022, Hungary exported $19.4M in Lubricating Products. The main destinations of Hungary exports on Lubricating Products were Germany ($3.87M), Romania ($2.15M), Slovakia ($1.43M), Russia ($1.39M), and United States ($1.3M).

In 2022, Hungary imported $92.7M in Lubricating Products, mainly from Germany ($52.4M), Austria ($4.68M), France ($4.06M), Czechia ($4.02M), and Belgium ($4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Lubricating Products were:
In 2022, Hungary's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.41M
N/AN/AN/A

Lubricating Products’s highest export potential is Germany. With an export gap of $1.41M.   Lubricating Products’s highest import potential is N/A with an import gap of N/A.

See methodology.

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