2022
Exports
$703MWorld Rnk 18 / 133
Flag Rnk 41 / 1206
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$212MWorld Rnk 67 / 194
Flag Rnk 140 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $703M in Wheat, making it the 18th largest exporter of Wheat in the world. At the same year, Wheat was the 41st most exported product in Hungary. The main destination of Wheat exports from Hungary are: Italy ($300M), Austria ($192M), Germany ($62.5M), Romania ($43.9M), and Bosnia and Herzegovina ($42.6M).

The fastest growing export markets for Wheat of Hungary between 2021 and 2022 were Austria ($68.7M), Germany ($22.2M), and Greece ($3.02M).

Imports In 2022, Hungary imported $212M in Wheat, becoming the 67th largest importer of Wheat in the world. At the same year, Wheat was the 140th most imported product in Hungary. Hungary imports Wheat primarily from: Slovakia ($127M), Ukraine ($59.1M), Croatia ($10.3M), Romania ($5.6M), and Austria ($4.71M).

The fastest growing import markets in Wheat for Hungary between 2021 and 2022 were Slovakia ($80M), Ukraine ($58.9M), and Croatia ($9.18M).

Latest Trends

Aug 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 Wheat. 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)$703M
IMPORTS (2022)$212M
NET TRADE (2022)$492M

In 2022, Hungary exported $703M in Wheat. The main destinations of Hungary exports on Wheat were Italy ($300M), Austria ($192M), Germany ($62.5M), Romania ($43.9M), and Bosnia and Herzegovina ($42.6M).

In 2022, Hungary imported $212M in Wheat, mainly from Slovakia ($127M), Ukraine ($59.1M), Croatia ($10.3M), Romania ($5.6M), and Austria ($4.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$68.7M (55.9%)
Germany$22.2M (55%)
Greece$3.02M (79.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Hungary WERE (2021 - 2022):
Romania-$49.1M (-52.8%)
Italy-$8.64M (-2.8%)
Palestine-$4.92M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Wheat were:
In 2022, Hungary's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $13.8M
TOP IMPORT POTENTIALUkraine+ $15.2M

Wheat’s highest export potential is Germany. With an export gap of $13.8M.   Wheat’s highest import potential is Ukraine with an import gap of $15.2M.

See methodology.

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