2022
Exports
$67.2MWorld Rnk 12 / 122
Flag Rnk 252 / 1206
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$22.5MWorld Rnk 38 / 191
Flag Rnk 535 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $67.2M in Steam Turbines, making it the 12th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 252nd most exported product in Hungary. The main destination of Steam Turbines exports from Hungary are: Germany ($30.5M), France ($22.1M), United States ($7.07M), Bulgaria ($2.11M), and Poland ($1.8M).

The fastest growing export markets for Steam Turbines of Hungary between 2021 and 2022 were Germany ($15.1M), United States ($5.29M), and France ($3.1M).

Imports In 2022, Hungary imported $22.5M in Steam Turbines, becoming the 38th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 535th most imported product in Hungary. Hungary imports Steam Turbines primarily from: France ($8.65M), Italy ($5.02M), Germany ($4.41M), Slovenia ($2.47M), and Czechia ($735k).

The fastest growing import markets in Steam Turbines for Hungary between 2021 and 2022 were France ($6.57M), Italy ($4.67M), and Germany ($2.01M).

Latest Trends

Sep 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 Steam Turbines. 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)$67.2M
IMPORTS (2022)$22.5M
NET TRADE (2022)$44.7M

In 2022, Hungary exported $67.2M in Steam Turbines. The main destinations of Hungary exports on Steam Turbines were Germany ($30.5M), France ($22.1M), United States ($7.07M), Bulgaria ($2.11M), and Poland ($1.8M).

In 2022, Hungary imported $22.5M in Steam Turbines, mainly from France ($8.65M), Italy ($5.02M), Germany ($4.41M), Slovenia ($2.47M), and Czechia ($735k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$15.1M (98%)
United States$5.29M (297%)
France$3.1M (16.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Hungary WERE (2021 - 2022):
India-$475k (-94.2%)
United Kingdom-$154k (-23.6%)
Switzerland-$74.1k (-83.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Steam Turbines were:
In 2022, Hungary's main importing competitors in Steam Turbines were:

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.11M
TOP IMPORT POTENTIALGermany+ $716k

Steam Turbines’s highest export potential is United States. With an export gap of $1.11M.   Steam Turbines’s highest import potential is Germany with an import gap of $716k.

See methodology.

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