HS Icon Other Nitrogen Compounds in  Flag Hungary

2020
Exports | Imports
: $522M | $18.3M, World Rnk 4 / 93
Flag Rnk 44 / 1200 | World Rnk 46 / 187
Flag Rnk 520 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $12.1M | $1.3M, Poland |  Germany


ECONOMIC COMPLEXITY of Hungary
: 1.4, Rnk 14 / 127


PRODUCT COMPLEXITY  IN Other Nitrogen Compounds
: 1.32, Rnk 91 / 1028

Exports In 2020, Hungary exported $522M in Other Nitrogen Compounds, making it the 4th largest exporter of Other Nitrogen Compounds in the world. At the same year, Other Nitrogen Compounds was the 44th most exported product in Hungary. The main destination of Other Nitrogen Compounds exports from Hungary are: Poland ($65.7M), Turkey ($63.3M), Italy ($61.8M), Belgium ($34.9M), and Germany ($32.3M).

The fastest growing export markets for Other Nitrogen Compounds of Hungary between 2019 and 2020 were Poland ($12.1M), Romania ($8.03M), and Portugal ($5.83M).

Imports In 2020, Hungary imported $18.3M in Other Nitrogen Compounds, becoming the 46th largest importer of Other Nitrogen Compounds in the world. At the same year, Other Nitrogen Compounds was the 520th most imported product in Hungary. Hungary imports Other Nitrogen Compounds primarily from: China ($8.86M), Germany ($6M), Belgium ($567k), Italy ($486k), and India ($424k).

The fastest growing import markets in Other Nitrogen Compounds for Hungary between 2019 and 2020 were Germany ($1.3M), China ($839k), and India ($380k).

Tariffs In 2019, the average tariff for Hungary in Other Nitrogen Compounds was 2.89%. The countries with the highest import tariffs for Other Nitrogen Compounds were Republic of the Congo (Most Favoured Nation duty rate treatement, 5.96%), Western Sahara (Most Favoured Nation duty rate treatement, 5.96%), Gabon (Most Favoured Nation duty rate treatement, 5.96%), Libya (Most Favoured Nation duty rate treatement, 5.96%), and Mayotte (Most Favoured Nation duty rate treatement, 5.96%).

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 Nitrogen Compounds. 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): $522M

IMPORTS (2020): $18.3M

NET TRADE (2020): $504M

In 2020, Hungary exported $522M in Other Nitrogen Compounds. The main destinations of Hungary exports on Other Nitrogen Compounds were Poland ($65.7M), Turkey ($63.3M), Italy ($61.8M), Belgium ($34.9M), and Germany ($32.3M).

In 2020, Hungary imported $18.3M in Other Nitrogen Compounds, mainly from China ($8.86M), Germany ($6M), Belgium ($567k), Italy ($486k), and India ($424k).

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IN 2020, Hungary HAD A POSITIVE NET TRADE IN Other Nitrogen Compounds WITH:

IN 2020, Hungary HAD A NEGATIVE NET TRADE IN Other Nitrogen Compounds WITH:

Flow

THE FASTEST GROWING Other Nitrogen Compounds EXPORT MARKETS FOR Hungary WERE (2019 - 2020):

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

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Market Concentration

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In 2019, Hungary's main exporting competitors in Other Nitrogen Compounds were:

In 2019, Hungary's main importing competitors in Other Nitrogen Compounds were:

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