Sugar beet in Hungary

EXPORTS (2018): $4.71M, World Rnk 3 / 47
Flag Rnk 1240 / 4210

TOP DESTINATION (2018): $4.06M, Croatia

FASTEST GROWING MARKET (2017 - 2018): $4.06M, Croatia

IMPORTS (2018): $1.12M, World Rnk 10 / 59
Flag Rnk 2845 / 4463

TOP ORIGIN (2018): $1.08M, Austria

FASTEST GROWING ORIGIN (2017 - 2018): $531k, Austria

ECONOMIC COMPLEXITY of Hungary (2018): 1.44, Rnk 14 / 137

Overview: This page contains the latest trade data of Sugar beet in Hungary.

Exports: In 2018, Hungary exported $4.71M in Sugar beet, making it the 3rd largest exporter of Sugar beet in the world. At the same year, Sugar beet was the 1240th most exported product in Hungary. The main destination of Sugar beet exports from Hungary are: Croatia ($4.06M), Austria ($628k), Slovenia ($13.1k), and Romania ($2.68k).

The fastest growing export markets for Sugar beet of Hungary between 2017 and 2018 were Croatia ($4.06M), Austria ($628k), and Slovenia ($13.1k).

Imports: In 2018, Hungary imported $1.12M in Sugar beet, becoming the 10th largest importer of Sugar beet in the world. At the same year, Sugar beet was the 2845th most imported product in Hungary. Hungary imports Sugar beet primarily from: Austria ($1.08M) and Slovakia ($40k).

The fastest growing import markets in Sugar beet for Hungary between 2017 and 2018 were Austria ($531k).

Tariffs: In 2017, the average tariff for Hungary in Sugar beet was 90.8%. The countries with the highest import tariffs for Sugar beet were Republic of the Congo (178%), Cape Verde (178%), Algeria (178%), Western Sahara (178%), and Gabon (178%).

Value

EXPORTS (2018): $4.71M

IMPORTS (2018): $1.12M

NET TRADE (2018): $3.59M

In 2018, Hungary exported $4.71M in Sugar beet. The main destinations of Hungary exports on Sugar beet were Croatia ($4.06M), Austria ($628k), Slovenia ($13.1k), and Romania ($2.68k).

In 2018, Hungary imported $1.12M in Sugar beet, mainly from Austria ($1.08M) and Slovakia ($40k).

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IN 2018, Hungary HAD A POSITIVE NET TRADE IN Sugar beet WITH:

  • Croatia, $4.06M ($4.06M - $0)
  • Slovenia, $13.1k ($13.1k - $0)
  • Romania, $2.68k ($2.68k - $0)

IN 2018, Hungary HAD A NEGATIVE NET TRADE IN Sugar beet WITH:

  • Austria, -$450k ($628k - $1.08M)
  • Slovakia, -$40k ($0 - $40k)
Flow

THE FASTEST GROWING Sugar beet EXPORT MARKETS FOR Hungary WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugar beet BY Hungary WERE (2017 - 2018):: Romania, -$30k (-91.8%)

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Market Concentration

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Type

In 2018, Hungary's main exporting competitors in Sugar beet were:

In 2018, Hungary's main importing competitors in Sugar beet were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Sugar beet in Hungary. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Hungary in Sugar beet was 90.8%.

The countries with the highest tariffs for Sugar beet in Hungary were Republic of the Congo (178%), Cape Verde (178%), Algeria (178%), Western Sahara (178%), and Gabon (178%).

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