2022
Exports
$297MWorld Rnk 5 / 173
Flag Rnk 100 / 1206
2022
PRODUCT COMPLEXITY IN Other Office Machines
1.1Rnk 134 / 1025
2022
Imports
$20.3MWorld Rnk 48 / 213
Flag Rnk 556 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $297M in Other Office Machines, making it the 5th largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 100th most exported product in Hungary. The main destination of Other Office Machines exports from Hungary are: France ($38.7M), Spain ($28.5M), Turkey ($26.2M), United States ($24.2M), and Uzbekistan ($16.9M).

The fastest growing export markets for Other Office Machines of Hungary between 2021 and 2022 were United States ($14.6M), Netherlands ($13.6M), and Spain ($8.95M).

Imports In 2022, Hungary imported $20.3M in Other Office Machines, becoming the 48th largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 556th most imported product in Hungary. Hungary imports Other Office Machines primarily from: Philippines ($5.78M), China ($5.28M), Germany ($3.73M), United Kingdom ($1.5M), and Netherlands ($615k).

The fastest growing import markets in Other Office Machines for Hungary between 2021 and 2022 were Germany ($791k), Morocco ($227k), and South Korea ($227k).

Latest Trends

Sep 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 Office Machines. 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)$297M
IMPORTS (2022)$20.3M
NET TRADE (2022)$276M

In 2022, Hungary exported $297M in Other Office Machines. The main destinations of Hungary exports on Other Office Machines were France ($38.7M), Spain ($28.5M), Turkey ($26.2M), United States ($24.2M), and Uzbekistan ($16.9M).

In 2022, Hungary imported $20.3M in Other Office Machines, mainly from Philippines ($5.78M), China ($5.28M), Germany ($3.73M), United Kingdom ($1.5M), and Netherlands ($615k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$14.6M (153%)
Netherlands$13.6M (871%)
Spain$8.95M (45.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Office Machines BY Hungary WERE (2021 - 2022):
Egypt-$44.4M (-84%)
Turkey-$19M (-41.9%)
Russia-$16.3M (-83.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Office Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $8.58M
TOP IMPORT POTENTIALChina+ $1.21M

Other Office Machines’s highest export potential is United States. With an export gap of $8.58M.   Other Office Machines’s highest import potential is China with an import gap of $1.21M.

See methodology.

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