2022
Exports
$45.7MWorld Rnk 29 / 186
Flag Rnk 311 / 1206
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$6.87MWorld Rnk 67 / 221
Flag Rnk 768 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $45.7M in Other Pure Vegetable Oils, making it the 29th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 311th most exported product in Hungary. The main destination of Other Pure Vegetable Oils exports from Hungary are: Greece ($9.79M), Belgium ($6.2M), Poland ($5.34M), Austria ($4.36M), and Saudi Arabia ($2.79M).

The fastest growing export markets for Other Pure Vegetable Oils of Hungary between 2021 and 2022 were Belgium ($5.79M), Greece ($3M), and Saudi Arabia ($2.76M).

Imports In 2022, Hungary imported $6.87M in Other Pure Vegetable Oils, becoming the 67th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 768th most imported product in Hungary. Hungary imports Other Pure Vegetable Oils primarily from: Spain ($1.2M), Germany ($944k), Netherlands ($927k), Belgium ($918k), and Slovenia ($620k).

The fastest growing import markets in Other Pure Vegetable Oils for Hungary between 2021 and 2022 were Spain ($1.09M), Belgium ($470k), and Slovakia ($462k).

Latest Trends

Nov 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 Pure Vegetable Oils. 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)$45.7M
IMPORTS (2022)$6.87M
NET TRADE (2022)$38.8M

In 2022, Hungary exported $45.7M in Other Pure Vegetable Oils. The main destinations of Hungary exports on Other Pure Vegetable Oils were Greece ($9.79M), Belgium ($6.2M), Poland ($5.34M), Austria ($4.36M), and Saudi Arabia ($2.79M).

In 2022, Hungary imported $6.87M in Other Pure Vegetable Oils, mainly from Spain ($1.2M), Germany ($944k), Netherlands ($927k), Belgium ($918k), and Slovenia ($620k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Belgium$5.79M (1.41k%)
Greece$3M (44.1%)
Saudi Arabia$2.76M (10.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Hungary WERE (2021 - 2022):
Italy-$2.11M (-95.9%)
Malaysia-$1.75M (-76.2%)
United Arab Emirates-$1.21M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Other Pure Vegetable Oils were:
In 2022, Hungary's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.13M
TOP IMPORT POTENTIALAustria+ $261k

Other Pure Vegetable Oils’s highest export potential is Germany. With an export gap of $1.13M.   Other Pure Vegetable Oils’s highest import potential is Austria with an import gap of $261k.

See methodology.

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