2022
Exports
$6.33MWorld Rnk 19 / 105
Flag Rnk 628 / 1206
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$14.7MWorld Rnk 24 / 195
Flag Rnk 615 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $6.33M in Peat, making it the 19th largest exporter of Peat in the world. At the same year, Peat was the 628th most exported product in Hungary. The main destination of Peat exports from Hungary are: Romania ($1.44M), Serbia ($924k), Slovenia ($778k), Bosnia and Herzegovina ($642k), and Italy ($615k).

The fastest growing export markets for Peat of Hungary between 2021 and 2022 were Slovakia ($223k), Netherlands ($162k), and Austria ($118k).

Imports In 2022, Hungary imported $14.7M in Peat, becoming the 24th largest importer of Peat in the world. At the same year, Peat was the 615th most imported product in Hungary. Hungary imports Peat primarily from: Latvia ($4.29M), Lithuania ($2.39M), Germany ($2.26M), Slovakia ($1.65M), and Poland ($1.05M).

The fastest growing import markets in Peat for Hungary between 2021 and 2022 were Lithuania ($804k), Netherlands ($310k), and Slovakia ($170k).

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 Peat. 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)$6.33M
IMPORTS (2022)$14.7M
NET TRADE (2022)-$8.36M

In 2022, Hungary exported $6.33M in Peat. The main destinations of Hungary exports on Peat were Romania ($1.44M), Serbia ($924k), Slovenia ($778k), Bosnia and Herzegovina ($642k), and Italy ($615k).

In 2022, Hungary imported $14.7M in Peat, mainly from Latvia ($4.29M), Lithuania ($2.39M), Germany ($2.26M), Slovakia ($1.65M), and Poland ($1.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Slovakia$223k (60.2%)
Netherlands$162k (339%)
Austria$118k (40.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Hungary WERE (2021 - 2022):
Romania-$387k (-21.2%)
Italy-$326k (-34.7%)
Slovenia-$60.6k (-7.22%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Peat were:
In 2022, Hungary's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $202k
N/AN/AN/A

Peat’s highest export potential is Italy. With an export gap of $202k.   Peat’s highest import potential is N/A with an import gap of N/A.

See methodology.

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