HS Icon Other Leather Articles in  Flag Hungary

2020
Exports | Imports
: $181M | $45.3M, World Rnk 4 / 156
Flag Rnk 122 / 1200 | World Rnk 16 / 206
Flag Rnk 342 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $9.38M | $192k, North Macedonia |  China

2020
ECONOMIC COMPLEXITY of Hungary
: 1.4, Rnk 14 / 127

2020
PRODUCT COMPLEXITY  IN Other Leather Articles
: -0.061, Rnk 568 / 1029

Exports In 2020, Hungary exported $181M in Other Leather Articles, making it the 4th largest exporter of Other Leather Articles in the world. At the same year, Other Leather Articles was the 122nd most exported product in Hungary. The main destination of Other Leather Articles exports from Hungary are: Romania ($49.6M), Serbia ($23.9M), Czechia ($19.4M), North Macedonia ($17.3M), and Moldova ($14.7M).

The fastest growing export markets for Other Leather Articles of Hungary between 2019 and 2020 were North Macedonia ($9.38M), United States ($1M), and Portugal ($833k).

Imports In 2020, Hungary imported $45.3M in Other Leather Articles, becoming the 16th largest importer of Other Leather Articles in the world. At the same year, Other Leather Articles was the 342nd most imported product in Hungary. Hungary imports Other Leather Articles primarily from: Italy ($13.7M), Croatia ($10.8M), Slovenia ($10.5M), Ukraine ($3.28M), and Germany ($2M).

The fastest growing import markets in Other Leather Articles for Hungary between 2019 and 2020 were China ($192k), Slovakia ($119k), and North Macedonia ($38.8k).

Tariffs In 2002, the average tariff for Hungary in Other Leather Articles was 7%. The countries with the highest import tariffs for Other Leather Articles were Angola (Most Favoured Nation duty rate treatement, 7%), Burundi (Most Favoured Nation duty rate treatement, 7%), Benin (Most Favoured Nation duty rate treatement, 7%), Burkina Faso (Most Favoured Nation duty rate treatement, 7%), and Botswana (Most Favoured Nation duty rate treatement, 7%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Other Leather Articles. 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

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EXPORTS (2020): $181M

IMPORTS (2020): $45.3M

NET TRADE (2020): $136M

In 2020, Hungary exported $181M in Other Leather Articles. The main destinations of Hungary exports on Other Leather Articles were Romania ($49.6M), Serbia ($23.9M), Czechia ($19.4M), North Macedonia ($17.3M), and Moldova ($14.7M).

In 2020, Hungary imported $45.3M in Other Leather Articles, mainly from Italy ($13.7M), Croatia ($10.8M), Slovenia ($10.5M), Ukraine ($3.28M), and Germany ($2M).

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THE FASTEST GROWING Other Leather Articles EXPORT MARKETS FOR Hungary WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Leather Articles BY Hungary WERE (2019 - 2020):

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Market Concentration

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In 2020, Hungary's main exporting competitors in Other Leather Articles were:

In 2020, Hungary's main importing competitors in Other Leather Articles were:

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