HS Icon Other Office Machines in  Flag Hungary

2020
Exports | Imports
: $403M | $48.8M, World Rnk 3 / 155
Flag Rnk 64 / 1200 | World Rnk 22 / 214
Flag Rnk 327 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $24.2M | $8.26M, Egypt |  Slovakia


ECONOMIC COMPLEXITY of Hungary
: 1.4, Rnk 14 / 127


PRODUCT COMPLEXITY  IN Other Office Machines
: 0.97, Rnk 178 / 1028

Exports In 2020, Hungary exported $403M in Other Office Machines, making it the 3rd largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 64th most exported product in Hungary. The main destination of Other Office Machines exports from Hungary are: Egypt ($67M), Turkey ($51.4M), France ($32.6M), Spain ($27.8M), and Uzbekistan ($19.3M).

The fastest growing export markets for Other Office Machines of Hungary between 2019 and 2020 were Egypt ($24.2M), Turkey ($21.7M), and Uzbekistan ($8.05M).

Imports In 2020, Hungary imported $48.8M in Other Office Machines, becoming the 22nd largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 327th most imported product in Hungary. Hungary imports Other Office Machines primarily from: Philippines ($18.5M), Slovakia ($10.5M), United Kingdom ($5.67M), France ($4.46M), and Netherlands ($2.2M).

The fastest growing import markets in Other Office Machines for Hungary between 2019 and 2020 were Slovakia ($8.26M), Netherlands ($1.72M), and Dominica ($773k).

Tariffs In 2002, the average tariff for Hungary in Other Office Machines was 8%. The countries with the highest import tariffs for Other Office Machines were Angola (Most Favoured Nation duty rate treatement, 8%), Burundi (Most Favoured Nation duty rate treatement, 8%), Benin (Most Favoured Nation duty rate treatement, 8%), Burkina Faso (Most Favoured Nation duty rate treatement, 8%), and Botswana (Most Favoured Nation duty rate treatement, 8%).

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 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

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EXPORTS (2020): $403M

IMPORTS (2020): $48.8M

NET TRADE (2020): $354M

In 2020, Hungary exported $403M in Other Office Machines. The main destinations of Hungary exports on Other Office Machines were Egypt ($67M), Turkey ($51.4M), France ($32.6M), Spain ($27.8M), and Uzbekistan ($19.3M).

In 2020, Hungary imported $48.8M in Other Office Machines, mainly from Philippines ($18.5M), Slovakia ($10.5M), United Kingdom ($5.67M), France ($4.46M), and Netherlands ($2.2M).

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IN 2020, Hungary HAD A POSITIVE NET TRADE IN Other Office Machines WITH:

IN 2020, Hungary HAD A NEGATIVE NET TRADE IN Other Office Machines WITH:

Flow

THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR Hungary WERE (2019 - 2020):

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

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Market Concentration

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In 2019, Hungary's main exporting competitors in Other Office Machines were:

In 2019, Hungary's main importing competitors in Other Office Machines were:

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