2022
Exports
$963MWorld Rnk 22 / 224
Flag Rnk 31 / 1206
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$865MWorld Rnk 34 / 224
Flag Rnk 33 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $963M in Valves, making it the 22nd largest exporter of Valves in the world. At the same year, Valves was the 31st most exported product in Hungary. The main destination of Valves exports from Hungary are: Germany ($405M), Italy ($54.1M), Czechia ($53.2M), France ($41.4M), and China ($40.8M).

The fastest growing export markets for Valves of Hungary between 2021 and 2022 were Italy ($13.3M), Poland ($7.93M), and Belgium ($5.75M).

Imports In 2022, Hungary imported $865M in Valves, becoming the 34th largest importer of Valves in the world. At the same year, Valves was the 33rd most imported product in Hungary. Hungary imports Valves primarily from: Germany ($324M), Czechia ($73.2M), China ($64.1M), Japan ($60.6M), and Italy ($59.6M).

The fastest growing import markets in Valves for Hungary between 2021 and 2022 were Germany ($14.4M), China ($9.81M), and Poland ($6.21M).

COMPANIES In 2023, leading companies such as John Deere (2) were at the forefront of shipping Valves from Hungary to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Valves. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$963M
IMPORTS (2022)$865M
NET TRADE (2022)$97.9M

In 2022, Hungary exported $963M in Valves. The main destinations of Hungary exports on Valves were Germany ($405M), Italy ($54.1M), Czechia ($53.2M), France ($41.4M), and China ($40.8M).

In 2022, Hungary imported $865M in Valves, mainly from Germany ($324M), Czechia ($73.2M), China ($64.1M), Japan ($60.6M), and Italy ($59.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Italy$13.3M (32.4%)
Poland$7.93M (34.9%)
Belgium$5.75M (42.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Hungary WERE (2021 - 2022):
United States-$49.9M (-64.6%)
Germany-$11.8M (-2.84%)
Russia-$9.99M (-50.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76.3M
TOP IMPORT POTENTIALChina+ $46.4M

Valves’s highest export potential is United States. With an export gap of $76.3M.   Valves’s highest import potential is China with an import gap of $46.4M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with