2022
Exports
$778MWorld Rnk 27 / 226
Flag Rnk 26 / 96
2022
PRODUCT COMPLEXITY IN Perfumery & cosmetics
0.49Rnk 370 / 1025
2022
Imports
$969MWorld Rnk 39 / 225
Flag Rnk 21 / 96
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $778M in Perfumery & cosmetics, making it the 27th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 26th most exported product in Hungary. The main destination of Perfumery & cosmetics exports from Hungary are: Germany ($107M), Croatia ($61M), Czechia ($44.2M), Romania ($43.8M), and United States ($42.6M).

The fastest growing export markets for Perfumery & cosmetics of Hungary between 2021 and 2022 were United States ($20.7M), Belarus ($5.4M), and Netherlands ($5.08M).

Imports In 2022, Hungary imported $969M in Perfumery & cosmetics, becoming the 39th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 21st most imported product in Hungary. Hungary imports Perfumery & cosmetics primarily from: Germany ($189M), Czechia ($147M), Poland ($92.9M), France ($88M), and Ireland ($54.2M).

The fastest growing import markets in Perfumery & cosmetics for Hungary between 2021 and 2022 were China ($17.7M), Croatia ($3.78M), and Austria ($2.55M).

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 Perfumery & cosmetics. 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)$778M
IMPORTS (2022)$969M
NET TRADE (2022)-$191M

In 2022, Hungary exported $778M in Perfumery & cosmetics. The main destinations of Hungary exports on Perfumery & cosmetics were Germany ($107M), Croatia ($61M), Czechia ($44.2M), Romania ($43.8M), and United States ($42.6M).

In 2022, Hungary imported $969M in Perfumery & cosmetics, mainly from Germany ($189M), Czechia ($147M), Poland ($92.9M), France ($88M), and Ireland ($54.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$20.7M (94.3%)
Belarus$5.4M (143%)
Netherlands$5.08M (20.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Hungary WERE (2021 - 2022):
United Kingdom-$17.8M (-31.6%)
Slovenia-$8.82M (-28.1%)
France-$7.44M (-31.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Perfumery & cosmetics were:
In 2022, Hungary's main importing competitors in Perfumery & cosmetics were:

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $27.6M
TOP IMPORT POTENTIALFrance+ $23.2M

Perfumery & cosmetics’s highest export potential is United States. With an export gap of $27.6M.   Perfumery & cosmetics’s highest import potential is France with an import gap of $23.2M.

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