2022
Exports
$482MWorld Rnk 31 / 218
Flag Rnk 62 / 1206
2022
PRODUCT COMPLEXITY IN Other Edible Preparations
0.054Rnk 531 / 1025
2022
Imports
$405MWorld Rnk 35 / 226
Flag Rnk 73 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $482M in Other Edible Preparations, making it the 31st largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 62nd most exported product in Hungary. The main destination of Other Edible Preparations exports from Hungary are: Romania ($33.7M), United Kingdom ($33.3M), Germany ($32M), Denmark ($31.4M), and Italy ($28.9M).

The fastest growing export markets for Other Edible Preparations of Hungary between 2021 and 2022 were Denmark ($28.3M), Czechia ($7.76M), and Austria ($7.45M).

Imports In 2022, Hungary imported $405M in Other Edible Preparations, becoming the 35th largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 73rd most imported product in Hungary. Hungary imports Other Edible Preparations primarily from: Germany ($86.3M), Poland ($52.8M), Netherlands ($48.7M), Belgium ($24.3M), and Austria ($21.7M).

The fastest growing import markets in Other Edible Preparations for Hungary between 2021 and 2022 were Thailand ($20.2M), Poland ($8.15M), and Romania ($1.99M).

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 Other Edible Preparations. 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)$482M
IMPORTS (2022)$405M
NET TRADE (2022)$77M

In 2022, Hungary exported $482M in Other Edible Preparations. The main destinations of Hungary exports on Other Edible Preparations were Romania ($33.7M), United Kingdom ($33.3M), Germany ($32M), Denmark ($31.4M), and Italy ($28.9M).

In 2022, Hungary imported $405M in Other Edible Preparations, mainly from Germany ($86.3M), Poland ($52.8M), Netherlands ($48.7M), Belgium ($24.3M), and Austria ($21.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Denmark$28.3M (902%)
Czechia$7.76M (77.3%)
Austria$7.45M (71.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY Hungary WERE (2021 - 2022):
Poland-$11.9M (-43.3%)
Romania-$5.57M (-14.2%)
Ukraine-$4.34M (-39.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Other Edible Preparations were:
In 2022, Hungary's main importing competitors in Other Edible Preparations were:

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Trade Value of Other Edible Preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $14.5M
TOP IMPORT POTENTIALAustria+ $9.96M

Other Edible Preparations’s highest export potential is Germany. With an export gap of $14.5M.   Other Edible Preparations’s highest import potential is Austria with an import gap of $9.96M.

See methodology.

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