2018
Exports
$31.2MWorld Rnk 16 / 84
Flag Rnk 360 / 1203
2023
PRODUCT COMPLEXITY IN Railway Freight Cars
-0.044Rnk 574 / 1025
2018
Imports
$119MWorld Rnk 8 / 143
Flag Rnk 198 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2018, Hungary exported $31.2M in Railway Freight Cars, making it the 16th largest exporter of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 360th most exported product in Hungary. The main destination of Railway Freight Cars exports from Hungary are: Austria ($17M), Slovakia ($6.79M), Romania ($3.18M), Serbia ($2.12M), and Senegal ($918k).

The fastest growing export markets for Railway Freight Cars of Hungary between 2022 and 2023 were Austria ($17M), Slovakia ($5.5M), and Romania ($2.95M).

Imports In 2023, Hungary imported $119M in Railway Freight Cars, becoming the 8th largest importer of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 198th most imported product in Hungary. Hungary imports Railway Freight Cars primarily from: Romania ($55.2M), Slovakia ($44.5M), Turkey ($13.3M), France ($1.59M), and Czechia ($1.09M).

The fastest growing import markets in Railway Freight Cars for Hungary between 2022 and 2023 were Romania ($47.2M), Slovakia ($31.1M), and Turkey ($11.9M).

COMPANIES In 2024, leading companies such as John Deere (1) were at the forefront of shipping Railway Freight Cars from Hungary to the United States.

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 Railway Freight Cars. 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)$31.2M
IMPORTS (2023)$119M
NET TRADE (2023)-$88.1M

In 2023, Hungary exported $31.2M in Railway Freight Cars. The main destinations of Hungary exports on Railway Freight Cars were Austria ($17M), Slovakia ($6.79M), Romania ($3.18M), Serbia ($2.12M), and Senegal ($918k).

In 2023, Hungary imported $119M in Railway Freight Cars, mainly from Romania ($55.2M), Slovakia ($44.5M), Turkey ($13.3M), France ($1.59M), and Czechia ($1.09M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Freight Cars EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Austria$17M (1%)
Slovakia$5.5M (428%)
Romania$2.95M (1.32k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Freight Cars BY Hungary WERE (2022 - 2023):
Germany-$2.93M (-90.7%)
Poland-$2.79M (-100%)
Bulgaria-$843k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Railway Freight Cars were:
In 2023, Hungary's main importing competitors in Railway Freight Cars were:

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Trade Value of Railway Freight Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $978k
TOP IMPORT POTENTIALPoland+ $707k

Railway Freight Cars’s highest export potential is Germany. With an export gap of $978k.   Railway Freight Cars’s highest import potential is Poland with an import gap of $707k.

See methodology.

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