2022
Exports
$480MWorld Rnk 19 / 221
Flag Rnk 63 / 1206
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments
1.54Rnk 44 / 1025
2022
Imports
$400MWorld Rnk 30 / 226
Flag Rnk 77 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $480M 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 63rd most exported product in Hungary. The main destination of Other Measuring Instruments exports from Hungary are: Germany ($165M), China ($58.7M), United States ($29.7M), Mexico ($18.9M), and Italy ($18.4M).

The fastest growing export markets for Other Measuring Instruments of Hungary between 2021 and 2022 were Portugal ($9.54M), China ($4.92M), and Romania ($2.78M).

Imports In 2022, Hungary imported $400M in Other Measuring Instruments, becoming the 30th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 77th most imported product in Hungary. Hungary imports Other Measuring Instruments primarily from: Germany ($142M), South Korea ($40.6M), Malta ($34.3M), China ($24.5M), and Italy ($19.4M).

The fastest growing import markets in Other Measuring Instruments for Hungary between 2021 and 2022 were Japan ($6.89M), Malta ($6.37M), and China ($3.66M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (1) were at the forefront of shipping Other Measuring Instruments from Hungary to the United States.

Latest Trends

Mar 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 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

Trade Balance

Color
EXPORTS (2022)$480M
IMPORTS (2022)$400M
NET TRADE (2022)$80.2M

In 2022, Hungary exported $480M in Other Measuring Instruments. The main destinations of Hungary exports on Other Measuring Instruments were Germany ($165M), China ($58.7M), United States ($29.7M), Mexico ($18.9M), and Italy ($18.4M).

In 2022, Hungary imported $400M in Other Measuring Instruments, mainly from Germany ($142M), South Korea ($40.6M), Malta ($34.3M), China ($24.5M), and Italy ($19.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Portugal$9.54M (166%)
China$4.92M (9.16%)
Romania$2.78M (45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Hungary WERE (2021 - 2022):
Germany-$31.5M (-16.1%)
United States-$5.26M (-15%)
Russia-$4.02M (-71.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Other Measuring Instruments were:
In 2022, Hungary's main importing competitors in Other Measuring Instruments were:

Explore Visualizations

Trade Value of Other Measuring Instruments by Exporters

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