2022
Exports
$1.98MWorld Rnk 23 / 133
Flag Rnk 818 / 1206
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$2.22MWorld Rnk 49 / 192
Flag Rnk 943 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $1.98M in Silk Fabrics, making it the 23rd largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 818th most exported product in Hungary. The main destination of Silk Fabrics exports from Hungary are: Slovakia ($881k), Germany ($687k), Romania ($146k), France ($76.2k), and Ireland ($55k).

The fastest growing export markets for Silk Fabrics of Hungary between 2021 and 2022 were Germany ($678k), Slovakia ($428k), and Belgium ($54.8k).

Imports In 2022, Hungary imported $2.22M in Silk Fabrics, becoming the 49th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 943rd most imported product in Hungary. Hungary imports Silk Fabrics primarily from: Italy ($725k), Germany ($362k), Austria ($315k), South Korea ($256k), and China ($82.9k).

The fastest growing import markets in Silk Fabrics for Hungary between 2021 and 2022 were South Korea ($141k), Germany ($111k), and Austria ($73.6k).

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 Silk Fabrics. 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)$1.98M
IMPORTS (2022)$2.22M
NET TRADE (2022)-$243k

In 2022, Hungary exported $1.98M in Silk Fabrics. The main destinations of Hungary exports on Silk Fabrics were Slovakia ($881k), Germany ($687k), Romania ($146k), France ($76.2k), and Ireland ($55k).

In 2022, Hungary imported $2.22M in Silk Fabrics, mainly from Italy ($725k), Germany ($362k), Austria ($315k), South Korea ($256k), and China ($82.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$678k (7.02k%)
Slovakia$428k (94.3%)
Belgium$54.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Hungary WERE (2021 - 2022):
Ukraine-$202k (-100%)
Romania-$73.9k (-33.6%)
Italy-$42.3k (-82.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Hungary's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $83.9k
TOP IMPORT POTENTIALChina+ $121k

Silk Fabrics’s highest export potential is France. With an export gap of $83.9k.   Silk Fabrics’s highest import potential is China with an import gap of $121k.

See methodology.

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