2022
Exports | Imports
$814M | $400MWorld Rnk 11 / 214
Flag Rnk 38 / 1206
World Rnk 25 / 223
Flag Rnk 75 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.36Rnk 13 / 124
2022
PRODUCT COMPLEXITY IN Thermostats
1.1Rnk 139 / 1025

About

Exports In 2022, Hungary exported $814M in Thermostats, making it the 11th largest exporter of Thermostats in the world. At the same year, Thermostats was the 38th most exported product in Hungary. The main destination of Thermostats exports from Hungary are: Germany ($499M), Poland ($55.5M), United States ($36.4M), Finland ($24M), and Turkey ($20.8M).

The fastest growing export markets for Thermostats of Hungary between 2021 and 2022 were Poland ($21.6M), Switzerland ($2.61M), and France ($2.35M).

Imports In 2022, Hungary imported $400M in Thermostats, becoming the 25th largest importer of Thermostats in the world. At the same year, Thermostats was the 75th most imported product in Hungary. Hungary imports Thermostats primarily from: Germany ($136M), China ($76M), Romania ($44.3M), Hong Kong ($16.9M), and France ($13.3M).

The fastest growing import markets in Thermostats for Hungary between 2021 and 2022 were China ($28M), Japan ($5.03M), and Morocco ($4.34M).

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

Latest Trends

Jan 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 Thermostats. 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)$814M
IMPORTS (2022)$400M
NET TRADE (2022)$414M

In 2022, Hungary exported $814M in Thermostats. The main destinations of Hungary exports on Thermostats were Germany ($499M), Poland ($55.5M), United States ($36.4M), Finland ($24M), and Turkey ($20.8M).

In 2022, Hungary imported $400M in Thermostats, mainly from Germany ($136M), China ($76M), Romania ($44.3M), Hong Kong ($16.9M), and France ($13.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Poland$21.6M (63.8%)
Switzerland$2.61M (30.5%)
France$2.35M (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Hungary WERE (2021 - 2022):
Germany-$49.1M (-8.96%)
Belgium-$24.9M (-55.1%)
United States-$13.8M (-27.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Hungary's main importing competitors in Thermostats were:

Explore Visualizations

Trade Value of Thermostats by Exporters

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