HS Icon Other Measuring Instruments in  Flag Hungary

2020
Exports | Imports
: $406M | $326M, World Rnk 19 / 220
Flag Rnk 61 / 1200 | World Rnk 28 / 225
Flag Rnk 75 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.44M | $12.9M, Chinese Taipei |  Malta


ECONOMIC COMPLEXITY of Hungary
: 1.4, Rnk 14 / 127


PRODUCT COMPLEXITY  IN Other Measuring Instruments
: 1.52, Rnk 52 / 1028

Exports In 2020, Hungary exported $406M in Other Measuring Instruments, making it the 19th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 61st most exported product in Hungary. The main destination of Other Measuring Instruments exports from Hungary are: Germany ($151M), China ($26.1M), United States ($21M), France ($20.3M), and Austria ($19.2M).

The fastest growing export markets for Other Measuring Instruments of Hungary between 2019 and 2020 were Chinese Taipei ($3.44M), Morocco ($1.58M), and Portugal ($1.55M).

Imports In 2020, Hungary imported $326M in Other Measuring Instruments, becoming the 28th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 75th most imported product in Hungary. Hungary imports Other Measuring Instruments primarily from: Germany ($129M), South Korea ($20.7M), Italy ($17M), United States ($16.5M), and Malta ($15.2M).

The fastest growing import markets in Other Measuring Instruments for Hungary between 2019 and 2020 were Malta ($12.9M), China ($4.39M), and Czechia ($2.69M).

Tariffs In 2002, the average tariff for Hungary in Other Measuring Instruments was 6.58%. The countries with the highest import tariffs for Other Measuring Instruments were Angola (Most Favoured Nation duty rate treatement, 6.58%), Burundi (Most Favoured Nation duty rate treatement, 6.58%), Benin (Most Favoured Nation duty rate treatement, 6.58%), Burkina Faso (Most Favoured Nation duty rate treatement, 6.58%), and Botswana (Most Favoured Nation duty rate treatement, 6.58%).

Subnational Monthly Trade

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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 Measuring Instruments. 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): $406M

IMPORTS (2020): $326M

NET TRADE (2020): $80M

In 2020, Hungary exported $406M in Other Measuring Instruments. The main destinations of Hungary exports on Other Measuring Instruments were Germany ($151M), China ($26.1M), United States ($21M), France ($20.3M), and Austria ($19.2M).

In 2020, Hungary imported $326M in Other Measuring Instruments, mainly from Germany ($129M), South Korea ($20.7M), Italy ($17M), United States ($16.5M), and Malta ($15.2M).

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IN 2020, Hungary HAD A POSITIVE NET TRADE IN Other Measuring Instruments WITH:

IN 2020, Hungary HAD A NEGATIVE NET TRADE IN Other Measuring Instruments WITH:

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THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Hungary WERE (2019 - 2020):

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

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Market Concentration

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In 2019, Hungary's main exporting competitors in Other Measuring Instruments were:

In 2019, Hungary's main importing competitors in Other Measuring Instruments were:

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