2022
Exports
$4.15MWorld Rnk 59 / 153
Flag Rnk 692 / 1206
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$23.6MWorld Rnk 59 / 214
Flag Rnk 525 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $4.15M in Other Vegetable Oils, making it the 59th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 692nd most exported product in Hungary. The main destination of Other Vegetable Oils exports from Hungary are: Romania ($1.51M), Slovakia ($1.01M), Greece ($609k), Germany ($542k), and Netherlands ($162k).

The fastest growing export markets for Other Vegetable Oils of Hungary between 2021 and 2022 were Germany ($540k), Greece ($281k), and Romania ($175k).

Imports In 2022, Hungary imported $23.6M in Other Vegetable Oils, becoming the 59th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 525th most imported product in Hungary. Hungary imports Other Vegetable Oils primarily from: Sweden ($4.19M), Netherlands ($4.15M), Slovakia ($4M), Germany ($3.79M), and Poland ($2.37M).

The fastest growing import markets in Other Vegetable Oils for Hungary between 2021 and 2022 were Germany ($1.63M), Sweden ($1.53M), and Poland ($1.06M).

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 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)$4.15M
IMPORTS (2022)$23.6M
NET TRADE (2022)-$19.4M

In 2022, Hungary exported $4.15M in Other Vegetable Oils. The main destinations of Hungary exports on Other Vegetable Oils were Romania ($1.51M), Slovakia ($1.01M), Greece ($609k), Germany ($542k), and Netherlands ($162k).

In 2022, Hungary imported $23.6M in Other Vegetable Oils, mainly from Sweden ($4.19M), Netherlands ($4.15M), Slovakia ($4M), Germany ($3.79M), and Poland ($2.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$540k (29.1k%)
Greece$281k (85.5%)
Romania$175k (13.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Hungary WERE (2021 - 2022):
Belgium-$1.45M (-100%)
Italy-$745k (-100%)
Slovakia-$82.7k (-7.54%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $301k
TOP IMPORT POTENTIALIndonesia+ $382k

Other Vegetable Oils’s highest export potential is Germany. With an export gap of $301k.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $382k.

See methodology.

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