HS Icon Other Office Machines in  Flag Hungary

2019
Exports | Imports
: $494M | $43.8M, World Rnk 3 / 164
Flag Rnk 54 / 1199 | World Rnk 24 / 217
Flag Rnk 356 / 1208

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $34.8M | $18.1M, Egypt |  Philippines

2019
ECONOMIC COMPLEXITY of Hungary
: 1.5, Rnk 13 / 147

2019
PRODUCT COMPLEXITY  IN Other Office Machines
: 0.7, Rnk 286 / 1029

Exports In 2019, Hungary exported $494M 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 54th most exported product in Hungary. The main destination of Other Office Machines exports from Hungary are: United States ($54.6M), Spain ($47M), Egypt ($42.8M), France ($35.9M), and Russia ($31.2M).

The fastest growing export markets for Other Office Machines of Hungary between 2018 and 2019 were Egypt ($34.8M), Uzbekistan ($8.48M), and Poland ($7.8M).

Imports In 2019, Hungary imported $43.8M in Other Office Machines, becoming the 24th largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 356th most imported product in Hungary. Hungary imports Other Office Machines primarily from: Philippines ($20.4M), France ($6.88M), United Kingdom ($6.19M), Slovakia ($2.23M), and China ($2.07M).

The fastest growing import markets in Other Office Machines for Hungary between 2018 and 2019 were Philippines ($18.1M), France ($5.8M), and Slovakia ($2.17M).

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%).

Historical Data

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EXPORTS (2019): $494M

IMPORTS (2019): $43.8M

NET TRADE (2019): $450M

In 2019, Hungary exported $494M in Other Office Machines. The main destinations of Hungary exports on Other Office Machines were United States ($54.6M), Spain ($47M), Egypt ($42.8M), France ($35.9M), and Russia ($31.2M).

In 2019, Hungary imported $43.8M in Other Office Machines, mainly from Philippines ($20.4M), France ($6.88M), United Kingdom ($6.19M), Slovakia ($2.23M), and China ($2.07M).

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IN 2019, Hungary HAD A POSITIVE NET TRADE IN Other Office Machines WITH:

IN 2019, Hungary HAD A NEGATIVE NET TRADE IN Other Office Machines WITH:

Flow

THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR Hungary WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Office Machines BY Hungary WERE (2018 - 2019):

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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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Tariffs by Country

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In 2002, the average tariff for Hungary in Other Office Machines was 8%.

The countries with the highest tariffs for Other Office Machines in Hungary 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%).