2022
Exports | Imports
$1.81M | $14.6MWorld Rnk 42 / 146
Flag Rnk 829 / 1206
World Rnk 46 / 218
Flag Rnk 616 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.36Rnk 13 / 124
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.72Rnk 764 / 1025

About

Exports In 2022, Hungary exported $1.81M in Pure Olive Oil, making it the 42nd largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 829th most exported product in Hungary. The main destination of Pure Olive Oil exports from Hungary are: Bulgaria ($1.04M), Italy ($132k), Czechia ($98.2k), Slovakia ($94k), and Croatia ($88.5k).

The fastest growing export markets for Pure Olive Oil of Hungary between 2021 and 2022 were Netherlands ($48.1k), Ireland ($17.7k), and Croatia ($16.7k).

Imports In 2022, Hungary imported $14.6M in Pure Olive Oil, becoming the 46th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 616th most imported product in Hungary. Hungary imports Pure Olive Oil primarily from: Italy ($7.65M), Spain ($2.57M), Germany ($1.39M), Greece ($949k), and Slovakia ($884k).

The fastest growing import markets in Pure Olive Oil for Hungary between 2021 and 2022 were Italy ($867k), Germany ($745k), and Greece ($357k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Pure Olive Oil from Hungary to the United States.

Latest Trends

Jan 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 Pure Olive Oil. 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)$1.81M
IMPORTS (2022)$14.6M
NET TRADE (2022)-$12.8M

In 2022, Hungary exported $1.81M in Pure Olive Oil. The main destinations of Hungary exports on Pure Olive Oil were Bulgaria ($1.04M), Italy ($132k), Czechia ($98.2k), Slovakia ($94k), and Croatia ($88.5k).

In 2022, Hungary imported $14.6M in Pure Olive Oil, mainly from Italy ($7.65M), Spain ($2.57M), Germany ($1.39M), Greece ($949k), and Slovakia ($884k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Netherlands$48.1k (665%)
Ireland$17.7k (1%)
Croatia$16.7k (23.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Hungary WERE (2021 - 2022):
Bulgaria-$87.1k (-7.7%)
Italy-$81.8k (-38.3%)
Romania-$24.5k (-22.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Hungary's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

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