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2022
Exports $1.55MWorld Rnk 24 / 75
Flag Rnk 847 / 1206
2022
Destination $848k United States
2021 - 2022
FASTEST GROWING MARKET $848kUnited States
2022
PRODUCT COMPLEXITY IN Nickel Powder-0.1Rnk 583 / 1025
2022
Imports $6.11MWorld Rnk 25 / 117
Flag Rnk 786 / 1210
2022
Origin $716k Germany
2021 - 2022
FASTEST GROWING ORIGIN $716kGermany
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $1.55M in Nickel Powder, making it the 24th largest exporter of Nickel Powder in the world. At the same year, Nickel Powder was the 847th most exported product in Hungary. The main destination of Nickel Powder exports from Hungary are: United States ($851k), United Kingdom ($664k), Italy ($10.5k), Germany ($8.74k), and Netherlands ($6.22k).

The fastest growing export markets for Nickel Powder of Hungary between 2021 and 2022 were United States ($848k), United Kingdom ($656k), and Germany ($8.74k).

Imports In 2022, Hungary imported $6.11M in Nickel Powder, becoming the 25th largest importer of Nickel Powder in the world. At the same year, Nickel Powder was the 786th most imported product in Hungary. Hungary imports Nickel Powder primarily from: Germany ($4.47M), United States ($717k), France ($464k), Ireland ($127k), and Croatia ($119k).

The fastest growing import markets in Nickel Powder for Hungary between 2021 and 2022 were Germany ($716k), France ($450k), and Ireland ($98.7k).

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 Powder. 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)$1.55M
IMPORTS (2022)$6.11M
NET TRADE (2022)-$4.57M

In 2022, Hungary exported $1.55M in Nickel Powder. The main destinations of Hungary exports on Nickel Powder were United States ($851k), United Kingdom ($664k), Italy ($10.5k), Germany ($8.74k), and Netherlands ($6.22k).

In 2022, Hungary imported $6.11M in Nickel Powder, mainly from Germany ($4.47M), United States ($717k), France ($464k), Ireland ($127k), and Croatia ($119k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Powder EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$848k (24k%)
United Kingdom$656k (8.25k%)
Germany$8.74k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Powder BY Hungary WERE (2021 - 2022):
Croatia-$24.8k (-93%)
Slovenia-$7.43k (-100%)
Belgium-$378 (-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 Powder were:
Australia $819M
Canada $510M
United Kingdom $237M
In 2022, Hungary's main importing competitors in Nickel Powder were:
China $806M
South Korea $432M
United States $325M

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Trade Value of Nickel Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $231k
TOP IMPORT POTENTIALBelgium+ $62.3k

Nickel Powder’s highest export potential is United States. With an export gap of $231k.   Nickel Powder’s highest import potential is Belgium with an import gap of $62.3k.

See methodology.

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