Textile Processing Machines in Hungary | The Observatory of Economic Complexity

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Exports In 2022, Hungary exported $15.5M in Textile Processing Machines, making it the 32nd largest exporter of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 468th most exported product in Hungary. The main destination of Textile Processing Machines exports from Hungary are: Germany ($6.23M), Bulgaria ($2.01M), Australia ($1.26M), China ($1.17M), and Poland ($1.05M).

The fastest growing export markets for Textile Processing Machines of Hungary between 2021 and 2022 were Australia ($1.21M), Lithuania ($258k), and United Kingdom ($221k).

Imports In 2022, Hungary imported $32.5M in Textile Processing Machines, becoming the 52nd largest importer of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 460th most imported product in Hungary. Hungary imports Textile Processing Machines primarily from: Poland ($11.7M), Turkey ($4.81M), Germany ($3.91M), Slovakia ($2.69M), and China ($2.1M).

The fastest growing import markets in Textile Processing Machines for Hungary between 2021 and 2022 were China ($1.36M), Spain ($187k), and South Korea ($127k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Textile Processing Machines from Hungary to the United States.

Feb 2024

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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 Textile 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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EXPORTS (2022)$15.5M

IMPORTS (2022)$32.5M

NET TRADE (2022)-$17M

In 2022, Hungary exported $15.5M in Textile Processing Machines. The main destinations of Hungary exports on Textile Processing Machines were Germany ($6.23M), Bulgaria ($2.01M), Australia ($1.26M), China ($1.17M), and Poland ($1.05M).

In 2022, Hungary imported $32.5M in Textile Processing Machines, mainly from Poland ($11.7M), Turkey ($4.81M), Germany ($3.91M), Slovakia ($2.69M), and China ($2.1M).