2022
Exports
$229MWorld Rnk 22 / 200
Flag Rnk 117 / 1206
2022
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.74Rnk 767 / 1025
2022
Imports
$207MWorld Rnk 28 / 157
Flag Rnk 145 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $229M in Scrap Aluminium, making it the 22nd largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 117th most exported product in Hungary. The main destination of Scrap Aluminium exports from Hungary are: Romania ($82.5M), Germany ($30.7M), Italy ($29.4M), Austria ($18M), and Slovenia ($18M).

The fastest growing export markets for Scrap Aluminium of Hungary between 2021 and 2022 were Germany ($20.8M), Slovakia ($13.9M), and Austria ($9.02M).

Imports In 2022, Hungary imported $207M in Scrap Aluminium, becoming the 28th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 145th most imported product in Hungary. Hungary imports Scrap Aluminium primarily from: Germany ($74.2M), Slovakia ($29.8M), Canada ($20.4M), Italy ($15.6M), and Austria ($13.8M).

The fastest growing import markets in Scrap Aluminium for Hungary between 2021 and 2022 were Germany ($16.3M), Canada ($11.4M), and Italy ($5.02M).

Latest Trends

Oct 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 Scrap Aluminium. 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)$229M
IMPORTS (2022)$207M
NET TRADE (2022)$22.4M

In 2022, Hungary exported $229M in Scrap Aluminium. The main destinations of Hungary exports on Scrap Aluminium were Romania ($82.5M), Germany ($30.7M), Italy ($29.4M), Austria ($18M), and Slovenia ($18M).

In 2022, Hungary imported $207M in Scrap Aluminium, mainly from Germany ($74.2M), Slovakia ($29.8M), Canada ($20.4M), Italy ($15.6M), and Austria ($13.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$20.8M (211%)
Slovakia$13.9M (366%)
Austria$9.02M (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Hungary WERE (2021 - 2022):
Romania-$19.6M (-19.2%)
Serbia-$3.17M (-75.7%)
Ukraine-$1.06M (-99.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Scrap Aluminium were:
In 2022, Hungary's main importing competitors in Scrap Aluminium were:

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.26M
TOP IMPORT POTENTIALAustria+ $4.03M

Scrap Aluminium’s highest export potential is Germany. With an export gap of $8.26M.   Scrap Aluminium’s highest import potential is Austria with an import gap of $4.03M.

See methodology.

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