2023
Exports
$461kWorld Rnk 44 / 103
Flag Rnk 959 / 1203
2023
PRODUCT COMPLEXITY IN Other Firearms
0.14Rnk 508 / 1025
2023
Imports
$5.56MWorld Rnk 39 / 181
Flag Rnk 778 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $461k in Other Firearms, making it the 44th largest exporter of Other Firearms in the world. At the same year, Other Firearms was the 959th most exported product in Hungary. The main destination of Other Firearms exports from Hungary are: United States ($334k), Georgia ($57.8k), Uzbekistan ($17k), Croatia ($16.9k), and Ukraine ($15.7k).

The fastest growing export markets for Other Firearms of Hungary between 2022 and 2023 were United States ($226k), Georgia ($57.8k), and Croatia ($16.9k).

Imports In 2023, Hungary imported $5.56M in Other Firearms, becoming the 39th largest importer of Other Firearms in the world. At the same year, Other Firearms was the 778th most imported product in Hungary. Hungary imports Other Firearms primarily from: Germany ($1.48M), Italy ($1.41M), Belgium ($485k), Finland ($411k), and United States ($343k).

The fastest growing import markets in Other Firearms for Hungary between 2022 and 2023 were Germany ($960k), United Kingdom ($153k), and Finland ($117k).

Latest Trends

Dec 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 Firearms. 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 (2023)$461k
IMPORTS (2023)$5.56M
NET TRADE (2023)-$5.09M

In 2023, Hungary exported $461k in Other Firearms. The main destinations of Hungary exports on Other Firearms were United States ($334k), Georgia ($57.8k), Uzbekistan ($17k), Croatia ($16.9k), and Ukraine ($15.7k).

In 2023, Hungary imported $5.56M in Other Firearms, mainly from Germany ($1.48M), Italy ($1.41M), Belgium ($485k), Finland ($411k), and United States ($343k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Firearms EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
United States$226k (211%)
Georgia$57.8k (1%)
Croatia$16.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Firearms BY Hungary WERE (2022 - 2023):
Romania-$32.1k (-100%)
Kyrgyzstan-$29.7k (-100%)
Canada-$12.8k (-85.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Other Firearms were:
In 2023, Hungary's main importing competitors in Other Firearms were:

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Trade Value of Other Firearms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $113k
TOP IMPORT POTENTIALItaly+ $338k

Other Firearms’s highest export potential is United States. With an export gap of $113k.   Other Firearms’s highest import potential is Italy with an import gap of $338k.

See methodology.

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