2022
Exports
$3.03BWorld Rnk 6 / 180
Flag Rnk 8 / 1206
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.15Rnk 117 / 1025
2022
Imports
$470MWorld Rnk 20 / 222
Flag Rnk 60 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.03B in Spark-Ignition Engines, making it the 6th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 8th most exported product in Hungary. The main destination of Spark-Ignition Engines exports from Hungary are: Germany ($1.22B), Spain ($675M), Slovakia ($545M), Mexico ($134M), and Portugal ($133M).

The fastest growing export markets for Spark-Ignition Engines of Hungary between 2021 and 2022 were Spain ($180M), Portugal ($26.5M), and France ($16.3M).

Imports In 2022, Hungary imported $470M in Spark-Ignition Engines, becoming the 20th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 60th most imported product in Hungary. Hungary imports Spark-Ignition Engines primarily from: Germany ($219M), Japan ($125M), Poland ($112M), Thailand ($4.04M), and Belgium ($1.86M).

The fastest growing import markets in Spark-Ignition Engines for Hungary between 2021 and 2022 were Poland ($23M), Thailand ($1.4M), and Estonia ($343k).

Latest Trends

Mar 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 Spark-Ignition Engines. 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)$3.03B
IMPORTS (2022)$470M
NET TRADE (2022)$2.56B

In 2022, Hungary exported $3.03B in Spark-Ignition Engines. The main destinations of Hungary exports on Spark-Ignition Engines were Germany ($1.22B), Spain ($675M), Slovakia ($545M), Mexico ($134M), and Portugal ($133M).

In 2022, Hungary imported $470M in Spark-Ignition Engines, mainly from Germany ($219M), Japan ($125M), Poland ($112M), Thailand ($4.04M), and Belgium ($1.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Spain$180M (36.3%)
Portugal$26.5M (24.8%)
France$16.3M (21.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Hungary WERE (2021 - 2022):
Czechia-$101M (-44.3%)
Germany-$67.6M (-5.26%)
Russia-$31.9M (-93.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Spark-Ignition Engines were:
In 2022, Hungary's main importing competitors in Spark-Ignition Engines were:

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Trade Value of Spark-Ignition Engines by Exporters

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