HS Icon Radio Receivers in  Flag Hungary

2020
Exports | Imports
: $1.08B | $107M, World Rnk 3 / 178
Flag Rnk 19 / 1200 | World Rnk 23 / 218
Flag Rnk 187 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $7.09M | $17.8M, United States |  Czechia


ECONOMIC COMPLEXITY of Hungary
: 1.4, Rnk 14 / 127


PRODUCT COMPLEXITY  IN Radio Receivers
: 0.21, Rnk 476 / 1028

Exports In 2020, Hungary exported $1.08B in Radio Receivers, making it the 3rd largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 19th most exported product in Hungary. The main destination of Radio Receivers exports from Hungary are: Germany ($743M), Slovakia ($80.5M), United Kingdom ($35.3M), Finland ($34.8M), and Belgium ($33M).

The fastest growing export markets for Radio Receivers of Hungary between 2019 and 2020 were United States ($7.09M), Brazil ($6.62M), and Turkey ($4.39M).

Imports In 2020, Hungary imported $107M in Radio Receivers, becoming the 23rd largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 187th most imported product in Hungary. Hungary imports Radio Receivers primarily from: Czechia ($59.4M), Chinese Taipei ($15.6M), Portugal ($11.6M), Germany ($5.93M), and China ($5.09M).

The fastest growing import markets in Radio Receivers for Hungary between 2019 and 2020 were Czechia ($17.8M), Portugal ($5.22M), and Luxembourg ($3.14M).

Tariffs In 2002, the average tariff for Hungary in Radio Receivers was 15%. The countries with the highest import tariffs for Radio Receivers were Angola (Most Favoured Nation duty rate treatement, 15%), Burundi (Most Favoured Nation duty rate treatement, 15%), Benin (Most Favoured Nation duty rate treatement, 15%), Burkina Faso (Most Favoured Nation duty rate treatement, 15%), and Botswana (Most Favoured Nation duty rate treatement, 15%).

Subnational Monthly Trade

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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

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EXPORTS (2020): $1.08B

IMPORTS (2020): $107M

NET TRADE (2020): $976M

In 2020, Hungary exported $1.08B in Radio Receivers. The main destinations of Hungary exports on Radio Receivers were Germany ($743M), Slovakia ($80.5M), United Kingdom ($35.3M), Finland ($34.8M), and Belgium ($33M).

In 2020, Hungary imported $107M in Radio Receivers, mainly from Czechia ($59.4M), Chinese Taipei ($15.6M), Portugal ($11.6M), Germany ($5.93M), and China ($5.09M).

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IN 2020, Hungary HAD A POSITIVE NET TRADE IN Radio Receivers WITH:

IN 2020, Hungary HAD A NEGATIVE NET TRADE IN Radio Receivers WITH:

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THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR Hungary WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY Hungary WERE (2019 - 2020):

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Market Concentration

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In 2019, Hungary's main exporting competitors in Radio Receivers were:

In 2019, Hungary's main importing competitors in Radio Receivers were:

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