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Exports In 2022, Hungary exported $84.4k in Turpentine, making it the 56th largest exporter of Turpentine in the world. At the same year, Turpentine was the 1084th most exported product in Hungary. The main destination of Turpentine exports from Hungary are: Canada ($41.8k), United States ($33.5k), Netherlands ($5.3k), Germany ($2.58k), and Switzerland ($636).

The fastest growing export markets for Turpentine of Hungary between 2021 and 2022 were Canada ($32.2k), Switzerland ($636), and Singapore ($633).

Imports In 2022, Hungary imported $1.59M in Turpentine, becoming the 27th largest importer of Turpentine in the world. At the same year, Turpentine was the 981st most imported product in Hungary. Hungary imports Turpentine primarily from: Belgium ($1.48M), Germany ($42.4k), Slovakia ($23.4k), Poland ($16.4k), and Netherlands ($11.9k).

The fastest growing import markets in Turpentine for Hungary between 2021 and 2022 were Belgium ($508k), Poland ($16.2k), and United States ($8.06k).

Latest Trends

Nov 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 Turpentine. 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)$84.4k
IMPORTS (2022)$1.59M
NET TRADE (2022)-$1.5M

In 2022, Hungary exported $84.4k in Turpentine. The main destinations of Hungary exports on Turpentine were Canada ($41.8k), United States ($33.5k), Netherlands ($5.3k), Germany ($2.58k), and Switzerland ($636).

In 2022, Hungary imported $1.59M in Turpentine, mainly from Belgium ($1.48M), Germany ($42.4k), Slovakia ($23.4k), Poland ($16.4k), and Netherlands ($11.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Canada$32.2k (338%)
Switzerland$636 (1%)
Singapore$633 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Hungary WERE (2021 - 2022):
United States-$65.5k (-66.2%)
Austria-$31.6k (-100%)
Netherlands-$5.89k (-52.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Turpentine were:
In 2022, Hungary's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $23.5k
TOP IMPORT POTENTIALGermany+ $22.2k

Turpentine’s highest export potential is United States. With an export gap of $23.5k.   Turpentine’s highest import potential is Germany with an import gap of $22.2k.

See methodology.

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