Packaged Medicaments in Hungary 2020 Exports | Imports : $3.69B | $3.19B, World Rnk 20 / 210 Rnk 3 / 1200 | World Rnk 23 / 224 Rnk 3 / 1207
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $86.3M | $229M, Germany | Germany
2020 ECONOMIC COMPLEXITY of Hungary: 1.4, Rnk 14 / 127
2020 PRODUCT COMPLEXITY IN Packaged Medicaments: 0.6, Rnk 320 / 1029
Exports In 2020, Hungary exported $3.69B in Packaged Medicaments, making it the 20th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most exported product in Hungary. The main destination of Packaged Medicaments exports from Hungary are: Romania ($490M), Bulgaria ($247M), Germany ($241M), Poland ($240M), and France ($235M).
The fastest growing export markets for Packaged Medicaments of Hungary between 2019 and 2020 were Germany ($86.3M), France ($59.3M), and Denmark ($41.1M).
Imports In 2020, Hungary imported $3.19B in Packaged Medicaments, becoming the 23rd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in Hungary. Hungary imports Packaged Medicaments primarily from: Germany ($935M), France ($394M), Belgium ($284M), Netherlands ($250M), and Italy ($165M).
The fastest growing import markets in Packaged Medicaments for Hungary between 2019 and 2020 were Germany ($229M), Denmark ($30.6M), and Romania ($22.9M).
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 Packaged Medicaments. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $3.69B
IMPORTS (2020): $3.19B
NET TRADE (2020): $506M
In 2020, Hungary exported $3.69B in Packaged Medicaments. The main destinations of Hungary exports on Packaged Medicaments were Romania ($490M), Bulgaria ($247M), Germany ($241M), Poland ($240M), and France ($235M).
In 2020, Hungary imported $3.19B in Packaged Medicaments, mainly from Germany ($935M), France ($394M), Belgium ($284M), Netherlands ($250M), and Italy ($165M).
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Hungary WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Hungary WERE (2019 - 2020):
In 2020, Hungary's main exporting competitors in Packaged Medicaments were:
In 2020, Hungary's main importing competitors in Packaged Medicaments were:
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