Other Leather Articles in Hungary

EXPORTS (2018): $322M, World Rnk 3 / 132
Flag Rnk 85 / 1175

TOP DESTINATION (2018): $87.9M, Romania

FASTEST GROWING MARKET (2017 - 2018): $19.4M, Czechia

IMPORTS (2018): $63.7M, World Rnk 18 / 193
Flag Rnk 288 / 1198

TOP ORIGIN (2018): $23.9M, Italy

FASTEST GROWING ORIGIN (2017 - 2018): $8.24M, Slovenia

ECONOMIC COMPLEXITY of Hungary (2018): 1.44, Rnk 14 / 137

PRODUCT COMPLEXITY  IN Other Leather Articles (2018): -0.22, Rnk 619 / 1018

Exports: In 2018, Hungary exported $322M 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 85th most exported product in Hungary. The main destination of Other Leather Articles exports from Hungary are: Romania ($87.9M), Czechia ($56.4M), Serbia ($33.3M), Morocco ($29M), and Moldova ($22.8M).

The fastest growing export markets for Other Leather Articles of Hungary between 2017 and 2018 were Czechia ($19.4M), Romania ($9.72M), and Serbia ($8.51M).

Imports: In 2018, Hungary imported $63.7M in Other Leather Articles, becoming the 18th largest importer of Other Leather Articles in the world. At the same year, Other Leather Articles was the 288th most imported product in Hungary. Hungary imports Other Leather Articles primarily from: Italy ($23.9M), Croatia ($11.4M), Slovenia ($9.38M), Ukraine ($5.64M), and Germany ($3.16M).

The fastest growing import markets in Other Leather Articles for Hungary between 2017 and 2018 were Slovenia ($8.24M), Italy ($8.04M), and Ukraine ($1.82M).

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 (2018): $322M

IMPORTS (2018): $63.7M

NET TRADE (2018): $258M

In 2018, Hungary exported $322M in Other Leather Articles. The main destinations of Hungary exports on Other Leather Articles were Romania ($87.9M), Czechia ($56.4M), Serbia ($33.3M), Morocco ($29M), and Moldova ($22.8M).

In 2018, Hungary imported $63.7M in Other Leather Articles, mainly from Italy ($23.9M), Croatia ($11.4M), Slovenia ($9.38M), Ukraine ($5.64M), and Germany ($3.16M).

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IN 2018, Hungary HAD A POSITIVE NET TRADE IN Other Leather Articles WITH:

IN 2018, Hungary HAD A NEGATIVE NET TRADE IN Other Leather Articles WITH:

Flow

THE FASTEST GROWING Other Leather Articles EXPORT MARKETS FOR Hungary WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Leather Articles BY Hungary WERE (2017 - 2018):

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Market Concentration

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Flow
Type

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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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Other Leather Articles in Hungary. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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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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