2022
Exports
$3.82MWorld Rnk 33 / 175
Flag Rnk 704 / 1206
2022
PRODUCT COMPLEXITY IN Pencils and Crayons
-0.17Rnk 604 / 1025
2022
Imports
$10.1MWorld Rnk 43 / 214
Flag Rnk 689 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.82M in Pencils and Crayons, making it the 33rd largest exporter of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 704th most exported product in Hungary. The main destination of Pencils and Crayons exports from Hungary are: Romania ($862k), Slovakia ($425k), Germany ($388k), Italy ($361k), and Croatia ($320k).

The fastest growing export markets for Pencils and Crayons of Hungary between 2021 and 2022 were Romania ($248k), Germany ($200k), and Italy ($183k).

Imports In 2022, Hungary imported $10.1M in Pencils and Crayons, becoming the 43rd largest importer of Pencils and Crayons in the world. At the same year, Pencils and Crayons was the 689th most imported product in Hungary. Hungary imports Pencils and Crayons primarily from: China ($2.55M), Germany ($1.98M), Poland ($1.01M), Austria ($920k), and Czechia ($917k).

The fastest growing import markets in Pencils and Crayons for Hungary between 2021 and 2022 were Austria ($466k), Netherlands ($205k), and China ($193k).

Latest Trends

Jul 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 Pencils and Crayons. 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)$3.82M
IMPORTS (2022)$10.1M
NET TRADE (2022)-$6.33M

In 2022, Hungary exported $3.82M in Pencils and Crayons. The main destinations of Hungary exports on Pencils and Crayons were Romania ($862k), Slovakia ($425k), Germany ($388k), Italy ($361k), and Croatia ($320k).

In 2022, Hungary imported $10.1M in Pencils and Crayons, mainly from China ($2.55M), Germany ($1.98M), Poland ($1.01M), Austria ($920k), and Czechia ($917k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pencils and Crayons EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$248k (40.3%)
Germany$200k (107%)
Italy$183k (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pencils and Crayons BY Hungary WERE (2021 - 2022):
Slovenia-$42.7k (-28.9%)
Slovakia-$40.8k (-8.75%)
Ukraine-$5.88k (-62.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Pencils and Crayons were:
China $911M
Brazil $91.2M
In 2022, Hungary's main importing competitors in Pencils and Crayons were:

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Trade Value of Pencils and Crayons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $225k
TOP IMPORT POTENTIALChina+ $1M

Pencils and Crayons’s highest export potential is Germany. With an export gap of $225k.   Pencils and Crayons’s highest import potential is China with an import gap of $1M.

See methodology.

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