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2022
Exports $4.27kWorld Rnk 48 / 71
Flag Rnk 1177 / 1206
falsefalse Romania
2021 - 2022
FASTEST GROWING MARKETfalseRomania
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $1.27MWorld Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $4.27k in Nickel Ore, making it the 48th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 1177th most exported product in Hungary. The main destination of Nickel Ore exports from Hungary are: Romania ($4.27k).

The fastest growing export markets for Nickel Ore of Hungary between 2021 and 2022 were Romania ($4.27k).

Imports In 2021, Hungary imported $1.27M in Nickel Ore, becoming the 0th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 0th most imported product in Hungary. Hungary imports Nickel Ore primarily from: N/A.

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 Nickel Ore. 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)$4.27k
IMPORTS (2021)$1.27M
NET TRADE (2022)$4.27k

In 2022, Hungary exported $4.27k in Nickel Ore. The main destinations of Hungary exports on Nickel Ore were Romania ($4.27k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR Hungary WERE (2021 - 2022):Romania$4.27k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY Hungary WERE (2021 - 2022):
Slovenia-$1.24M (-100%)
Austria-$62.5k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Nickel Ore were:
Philippines $1.29B
New Caledonia $825M
Russia $411M
In 2022, Hungary's main importing competitors in Nickel Ore were:
China $2.96B
Canada $527M
South Korea $339M

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.06k
TOP IMPORT POTENTIALPhilippines+ $482

Nickel Ore’s highest export potential is China. With an export gap of $1.06k.   Nickel Ore’s highest import potential is Philippines with an import gap of $482.

See methodology.

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