2022
Exports
$2MWorld Rnk 67 / 197
Flag Rnk 815 / 1206
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$10.7MWorld Rnk 79 / 223
Flag Rnk 680 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $2M in Tea, making it the 67th largest exporter of Tea in the world. At the same year, Tea was the 815th most exported product in Hungary. The main destination of Tea exports from Hungary are: Spain ($926k), Romania ($190k), Czechia ($160k), Slovakia ($132k), and Serbia ($93.6k).

The fastest growing export markets for Tea of Hungary between 2021 and 2022 were Ireland ($54.2k), Romania ($50.9k), and Serbia ($48.2k).

Imports In 2022, Hungary imported $10.7M in Tea, becoming the 79th largest importer of Tea in the world. At the same year, Tea was the 680th most imported product in Hungary. Hungary imports Tea primarily from: Netherlands ($2.85M), Poland ($2.76M), Germany ($2.1M), Sri Lanka ($902k), and Austria ($580k).

The fastest growing import markets in Tea for Hungary between 2021 and 2022 were Poland ($415k), Sri Lanka ($154k), and Italy ($134k).

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 Tea. 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)$2M
IMPORTS (2022)$10.7M
NET TRADE (2022)-$8.74M

In 2022, Hungary exported $2M in Tea. The main destinations of Hungary exports on Tea were Spain ($926k), Romania ($190k), Czechia ($160k), Slovakia ($132k), and Serbia ($93.6k).

In 2022, Hungary imported $10.7M in Tea, mainly from Netherlands ($2.85M), Poland ($2.76M), Germany ($2.1M), Sri Lanka ($902k), and Austria ($580k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Ireland$54.2k (1.4k%)
Romania$50.9k (36.6%)
Serbia$48.2k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Hungary WERE (2021 - 2022):
Denmark-$744k (-100%)
Spain-$286k (-23.6%)
Slovakia-$101k (-43.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Hungary's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $75.5k
TOP IMPORT POTENTIALSri Lanka+ $422k

Tea’s highest export potential is Italy. With an export gap of $75.5k.   Tea’s highest import potential is Sri Lanka with an import gap of $422k.

See methodology.

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