2022
Exports
$313kWorld Rnk 57 / 81
Flag Rnk 990 / 1206
2022
PRODUCT COMPLEXITY IN Raw Nickel
-0.24Rnk 629 / 1025
2022
Imports
$4.34MWorld Rnk 50 / 123
Flag Rnk 841 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $313k in Raw Nickel, making it the 57th largest exporter of Raw Nickel in the world. At the same year, Raw Nickel was the 990th most exported product in Hungary. The main destination of Raw Nickel exports from Hungary are: Netherlands ($313k) and Italy ($94).

The fastest growing export markets for Raw Nickel of Hungary between 2021 and 2022 were Netherlands ($310k).

Imports In 2022, Hungary imported $4.34M in Raw Nickel, becoming the 50th largest importer of Raw Nickel in the world. At the same year, Raw Nickel was the 841st most imported product in Hungary. Hungary imports Raw Nickel primarily from: Germany ($2.1M), Netherlands ($1.46M), Serbia ($556k), France ($71.8k), and Poland ($40.9k).

The fastest growing import markets in Raw Nickel for Hungary between 2021 and 2022 were Germany ($787k), Serbia ($475k), and Slovenia ($25.4k).

Latest Trends

Jul 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 Raw Nickel. 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)$313k
IMPORTS (2022)$4.34M
NET TRADE (2022)-$4.03M

In 2022, Hungary exported $313k in Raw Nickel. The main destinations of Hungary exports on Raw Nickel were Netherlands ($313k) and Italy ($94).

In 2022, Hungary imported $4.34M in Raw Nickel, mainly from Germany ($2.1M), Netherlands ($1.46M), Serbia ($556k), France ($71.8k), and Poland ($40.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Nickel EXPORT MARKETS FOR Hungary WERE (2021 - 2022):Netherlands$310k (10.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Nickel BY Hungary WERE (2021 - 2022):
Italy-$11.5k (-99.2%)
Denmark-$552 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Raw Nickel were:
Canada $2.78B
Russia $2.74B
In 2022, Hungary's main importing competitors in Raw Nickel were:

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Trade Value of Raw Nickel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $142k
TOP IMPORT POTENTIALNetherlands+ $357k

Raw Nickel’s highest export potential is Netherlands. With an export gap of $142k.   Raw Nickel’s highest import potential is Netherlands with an import gap of $357k.

See methodology.

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