2022
Exports
$24.8MWorld Rnk 48 / 194
Flag Rnk 383 / 1206
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$84.1MWorld Rnk 57 / 223
Flag Rnk 282 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $24.8M in Stone Processing Machines, making it the 48th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 383rd most exported product in Hungary. The main destination of Stone Processing Machines exports from Hungary are: Germany ($8.77M), Austria ($5.08M), Switzerland ($1.47M), Netherlands ($1.45M), and Romania ($1.4M).

The fastest growing export markets for Stone Processing Machines of Hungary between 2021 and 2022 were Austria ($1.89M), Germany ($1.22M), and Turkey ($805k).

Imports In 2022, Hungary imported $84.1M in Stone Processing Machines, becoming the 57th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 282nd most imported product in Hungary. Hungary imports Stone Processing Machines primarily from: Germany ($22.6M), Austria ($12.6M), Italy ($10.8M), South Korea ($9.06M), and Netherlands ($5.72M).

The fastest growing import markets in Stone Processing Machines for Hungary between 2021 and 2022 were South Korea ($8.89M), Italy ($1.63M), and Serbia ($883k).

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 Stone Processing Machines. 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)$24.8M
IMPORTS (2022)$84.1M
NET TRADE (2022)-$59.4M

In 2022, Hungary exported $24.8M in Stone Processing Machines. The main destinations of Hungary exports on Stone Processing Machines were Germany ($8.77M), Austria ($5.08M), Switzerland ($1.47M), Netherlands ($1.45M), and Romania ($1.4M).

In 2022, Hungary imported $84.1M in Stone Processing Machines, mainly from Germany ($22.6M), Austria ($12.6M), Italy ($10.8M), South Korea ($9.06M), and Netherlands ($5.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$1.89M (59.4%)
Germany$1.22M (16.1%)
Turkey$805k (3.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Hungary WERE (2021 - 2022):
Japan-$1.55M (-97.8%)
Russia-$852k (-97.8%)
Romania-$717k (-33.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Hungary's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.57M
TOP IMPORT POTENTIALChina+ $3.56M

Stone Processing Machines’s highest export potential is Germany. With an export gap of $1.57M.   Stone Processing Machines’s highest import potential is China with an import gap of $3.56M.

See methodology.

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