2022
Exports
$767MWorld Rnk 21 / 213
Flag Rnk 27 / 96
2022
PRODUCT COMPLEXITY IN Oils seeds, oleaginous fruits, grains, straw & fodder
0.45Rnk 387 / 1025
2022
Imports
$898MWorld Rnk 31 / 222
Flag Rnk 23 / 96
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $767M in Oils seeds, oleaginous fruits, grains, straw & fodder, making it the 21st largest exporter of Oils seeds, oleaginous fruits, grains, straw & fodder in the world. At the same year, Oils seeds, oleaginous fruits, grains, straw & fodder was the 27th most exported product in Hungary. The main destination of Oils seeds, oleaginous fruits, grains, straw & fodder exports from Hungary are: Germany ($227M), Austria ($204M), Czechia ($57.2M), Romania ($47.2M), and Italy ($39.7M).

The fastest growing export markets for Oils seeds, oleaginous fruits, grains, straw & fodder of Hungary between 2021 and 2022 were Germany ($58.5M), Russia ($14.1M), and Serbia ($11M).

Imports In 2022, Hungary imported $898M in Oils seeds, oleaginous fruits, grains, straw & fodder, becoming the 31st largest importer of Oils seeds, oleaginous fruits, grains, straw & fodder in the world. At the same year, Oils seeds, oleaginous fruits, grains, straw & fodder was the 23rd most imported product in Hungary. Hungary imports Oils seeds, oleaginous fruits, grains, straw & fodder primarily from: Ukraine ($273M), Romania ($254M), Slovakia ($87M), Croatia ($50.6M), and France ($27.7M).

The fastest growing import markets in Oils seeds, oleaginous fruits, grains, straw & fodder for Hungary between 2021 and 2022 were Ukraine ($240M), Romania ($77.9M), and Slovakia ($35.4M).

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 Oils seeds, oleaginous fruits, grains, straw & fodder. 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)$767M
IMPORTS (2022)$898M
NET TRADE (2022)-$131M

In 2022, Hungary exported $767M in Oils seeds, oleaginous fruits, grains, straw & fodder. The main destinations of Hungary exports on Oils seeds, oleaginous fruits, grains, straw & fodder were Germany ($227M), Austria ($204M), Czechia ($57.2M), Romania ($47.2M), and Italy ($39.7M).

In 2022, Hungary imported $898M in Oils seeds, oleaginous fruits, grains, straw & fodder, mainly from Ukraine ($273M), Romania ($254M), Slovakia ($87M), Croatia ($50.6M), and France ($27.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oils seeds, oleaginous fruits, grains, straw & fodder EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$58.5M (34.7%)
Russia$14.1M (527%)
Serbia$11M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oils seeds, oleaginous fruits, grains, straw & fodder BY Hungary WERE (2021 - 2022):
Italy-$26.9M (-40.4%)
Bulgaria-$9.82M (-36.5%)
Romania-$6.38M (-11.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Oils seeds, oleaginous fruits, grains, straw & fodder were:
In 2022, Hungary's main importing competitors in Oils seeds, oleaginous fruits, grains, straw & fodder were:
China $60.5B
Germany $8.59B
Japan $6.28B

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Trade Value of Oils seeds, oleaginous fruits, grains, straw & fodder by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNetherlands+ $10.6M
TOP IMPORT POTENTIALFrance+ $9.09M

Oils seeds, oleaginous fruits, grains, straw & fodder’s highest export potential is Netherlands. With an export gap of $10.6M.   Oils seeds, oleaginous fruits, grains, straw & fodder’s highest import potential is France with an import gap of $9.09M.

See methodology.

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