2023
Exports
$353MWorld Rnk 8 / 184
Flag Rnk 84 / 1203
2023
PRODUCT COMPLEXITY IN Radio Receivers
0.62Rnk 320 / 1025
2023
Imports
$128MWorld Rnk 17 / 216
Flag Rnk 188 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $353M in Radio Receivers, making it the 8th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 84th most exported product in Hungary. The main destination of Radio Receivers exports from Hungary are: United States ($179M), Germany ($85.4M), Mexico ($26.7M), Poland ($20.6M), and United Kingdom ($11.7M).

The fastest growing export markets for Radio Receivers of Hungary between 2022 and 2023 were United States ($54.9M), Spain ($764k), and Austria ($551k).

Imports In 2023, Hungary imported $128M in Radio Receivers, becoming the 17th largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 188th most imported product in Hungary. Hungary imports Radio Receivers primarily from: Portugal ($55.8M), Chinese Taipei ($18.6M), Czechia ($18.1M), Thailand ($14M), and China ($5.32M).

The fastest growing import markets in Radio Receivers for Hungary between 2022 and 2023 were Thailand ($9.54M), Greece ($4.78M), and Germany ($2.17M).

Latest Trends

Dec 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 Radio Receivers. 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 (2023)$353M
IMPORTS (2023)$128M
NET TRADE (2023)$226M

In 2023, Hungary exported $353M in Radio Receivers. The main destinations of Hungary exports on Radio Receivers were United States ($179M), Germany ($85.4M), Mexico ($26.7M), Poland ($20.6M), and United Kingdom ($11.7M).

In 2023, Hungary imported $128M in Radio Receivers, mainly from Portugal ($55.8M), Chinese Taipei ($18.6M), Czechia ($18.1M), Thailand ($14M), and China ($5.32M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
United States$54.9M (44.2%)
Spain$764k (994%)
Austria$551k (78.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY Hungary WERE (2022 - 2023):
Germany-$25.3M (-22.8%)
Finland-$25M (-99.6%)
Mexico-$21.5M (-44.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Radio Receivers were:
China $2.64B
Mexico $2.09B
In 2023, Hungary's main importing competitors in Radio Receivers were:

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Trade Value of Radio Receivers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.05M
TOP IMPORT POTENTIALChina+ $5.62M

Radio Receivers’s highest export potential is United States. With an export gap of $7.05M.   Radio Receivers’s highest import potential is China with an import gap of $5.62M.

See methodology.

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