HS Icon Railway Freight Cars in  Flag Hungary

2019
Exports | Imports
: $2.99M | $11M, World Rnk 33 / 80
Flag Rnk 711 / 1199 | World Rnk 30 / 139
Flag Rnk 636 / 1208

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $832k | $1.21M, Netherlands |  Slovakia

2019
ECONOMIC COMPLEXITY of Hungary
: 1.5, Rnk 13 / 147

2019
PRODUCT COMPLEXITY  IN Railway Freight Cars
: -0.46, Rnk 692 / 1029

Exports In 2019, Hungary exported $2.99M in Railway Freight Cars, making it the 33rd largest exporter of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 711th most exported product in Hungary. The main destination of Railway Freight Cars exports from Hungary are: Netherlands ($836k), Slovakia ($727k), Serbia ($673k), Czechia ($615k), and Germany ($110k).

The fastest growing export markets for Railway Freight Cars of Hungary between 2018 and 2019 were Netherlands ($832k), Serbia ($673k), and Germany ($110k).

Imports In 2019, Hungary imported $11M in Railway Freight Cars, becoming the 30th largest importer of Railway Freight Cars in the world. At the same year, Railway Freight Cars was the 636th most imported product in Hungary. Hungary imports Railway Freight Cars primarily from: Slovakia ($4.88M), Czechia ($2.75M), Italy ($802k), Romania ($740k), and France ($574k).

The fastest growing import markets in Railway Freight Cars for Hungary between 2018 and 2019 were Slovakia ($1.21M), Italy ($802k), and France ($559k).

Tariffs In 2002, the average tariff for Hungary in Railway Freight Cars was 7.5%. The countries with the highest import tariffs for Railway Freight Cars were Angola (Most Favoured Nation duty rate treatement, 7.5%), Burundi (Most Favoured Nation duty rate treatement, 7.5%), Benin (Most Favoured Nation duty rate treatement, 7.5%), Burkina Faso (Most Favoured Nation duty rate treatement, 7.5%), and Botswana (Most Favoured Nation duty rate treatement, 7.5%).

Historical Data

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EXPORTS (2019): $2.99M

IMPORTS (2019): $11M

NET TRADE (2019): -$8.02M

In 2019, Hungary exported $2.99M in Railway Freight Cars. The main destinations of Hungary exports on Railway Freight Cars were Netherlands ($836k), Slovakia ($727k), Serbia ($673k), Czechia ($615k), and Germany ($110k).

In 2019, Hungary imported $11M in Railway Freight Cars, mainly from Slovakia ($4.88M), Czechia ($2.75M), Italy ($802k), Romania ($740k), and France ($574k).

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IN 2019, Hungary HAD A POSITIVE NET TRADE IN Railway Freight Cars WITH:

IN 2019, Hungary HAD A NEGATIVE NET TRADE IN Railway Freight Cars WITH:

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THE FASTEST GROWING Railway Freight Cars EXPORT MARKETS FOR Hungary WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Freight Cars BY Hungary WERE (2018 - 2019):

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Market Concentration

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In 2019, Hungary's main exporting competitors in Railway Freight Cars were:

In 2019, Hungary's main importing competitors in Railway Freight Cars were:

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Tariffs by Country

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In 2002, the average tariff for Hungary in Railway Freight Cars was 7.5%.

The countries with the highest tariffs for Railway Freight Cars in Hungary were Angola (Most Favoured Nation duty rate treatement, 7.5%), Burundi (Most Favoured Nation duty rate treatement, 7.5%), Benin (Most Favoured Nation duty rate treatement, 7.5%), Burkina Faso (Most Favoured Nation duty rate treatement, 7.5%), and Botswana (Most Favoured Nation duty rate treatement, 7.5%).