Other Leather Articles in Hungary

EXPORTS (2019): $251M, World Rnk 3 / 156
Flag Rnk 99 / 1199

TOP DESTINATION (2019): $61.6M, Romania

FASTEST GROWING MARKET (2018 - 2019): $7.21M, Poland

IMPORTS (2019): $57.4M, World Rnk 17 / 209
Flag Rnk 303 / 1208

TOP ORIGIN (2019): $21.2M, Italy

FASTEST GROWING ORIGIN (2018 - 2019): $3.2M, Croatia

ECONOMIC COMPLEXITY of Hungary (2019): 1.57, Rnk 13 / 157

PRODUCT COMPLEXITY  IN Other Leather Articles (2019): -0.23, Rnk 623 / 1029

Exports: In 2019, Hungary exported $251M in Other Leather Articles, making it the 3rd largest exporter of Other Leather Articles in the world. At the same year, Other Leather Articles was the 99th most exported product in Hungary. The main destination of Other Leather Articles exports from Hungary are: Romania ($61.6M), Czechia ($39.5M), Serbia ($31.8M), Morocco ($20.6M), and Moldova ($19.4M).

The fastest growing export markets for Other Leather Articles of Hungary between 2018 and 2019 were Poland ($7.21M), Bosnia and Herzegovina ($890k), and Singapore ($443k).

Imports: In 2019, Hungary imported $57.4M in Other Leather Articles, becoming the 17th largest importer of Other Leather Articles in the world. At the same year, Other Leather Articles was the 303rd most imported product in Hungary. Hungary imports Other Leather Articles primarily from: Italy ($21.2M), Croatia ($14.6M), Slovenia ($11.2M), Germany ($2.85M), and Slovakia ($1.66M).

The fastest growing import markets in Other Leather Articles for Hungary between 2018 and 2019 were Croatia ($3.2M), Slovenia ($1.82M), and Belgium ($458k).

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 (7%), Burundi (7%), Benin (7%), Burkina Faso (7%), and Botswana (7%).

Value

EXPORTS (2019): $251M

IMPORTS (2019): $57.4M

NET TRADE (2019): $193M

In 2019, Hungary exported $251M in Other Leather Articles. The main destinations of Hungary exports on Other Leather Articles were Romania ($61.6M), Czechia ($39.5M), Serbia ($31.8M), Morocco ($20.6M), and Moldova ($19.4M).

In 2019, Hungary imported $57.4M in Other Leather Articles, mainly from Italy ($21.2M), Croatia ($14.6M), Slovenia ($11.2M), Germany ($2.85M), and Slovakia ($1.66M).

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IN 2019, Hungary HAD A POSITIVE NET TRADE IN Other Leather Articles WITH:

IN 2019, Hungary HAD A NEGATIVE NET TRADE IN Other Leather Articles WITH:

Flow

THE FASTEST GROWING Other Leather Articles EXPORT MARKETS FOR Hungary WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Leather Articles BY Hungary WERE (2018 - 2019):

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Market Concentration

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In 2018, Hungary's main exporting competitors in Other Leather Articles were:

In 2018, Hungary's main importing competitors in Other Leather Articles were:

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Tariffs by Country

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In 2002, the average tariff for Hungary in Other Leather Articles was 7%.

The countries with the highest tariffs for Other Leather Articles in Hungary were Angola (7%), Burundi (7%), Benin (7%), Burkina Faso (7%), and Botswana (7%).

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