Whey in Hungary

EXPORTS (2018): $30.9M, World Rnk 20 / 80
Flag Rnk 501 / 4210

TOP DESTINATION (2018): $3.9M, France

FASTEST GROWING MARKET (2017 - 2018): $2.18M, Germany

IMPORTS (2018): $7.33M, World Rnk 48 / 172
Flag Rnk 1460 / 4463

TOP ORIGIN (2018): $1.38M, Ireland

FASTEST GROWING ORIGIN (2017 - 2018): $641k, Poland

ECONOMIC COMPLEXITY of Hungary (2018): 1.44, Rnk 14 / 137

Overview: This page contains the latest trade data of Whey in Hungary.

Exports: In 2018, Hungary exported $30.9M in Whey, making it the 20th largest exporter of Whey in the world. At the same year, Whey was the 501st most exported product in Hungary. The main destination of Whey exports from Hungary are: France ($3.9M), Germany ($3.23M), Spain ($2.6M), Portugal ($2.48M), and Poland ($2.48M).

The fastest growing export markets for Whey of Hungary between 2017 and 2018 were Germany ($2.18M), France ($2.18M), and Spain ($1.98M).

Imports: In 2018, Hungary imported $7.33M in Whey, becoming the 48th largest importer of Whey in the world. At the same year, Whey was the 1460th most imported product in Hungary. Hungary imports Whey primarily from: Ireland ($1.38M), Germany ($1.15M), Austria ($1.15M), Poland ($1.13M), and Netherlands ($1.03M).

The fastest growing import markets in Whey for Hungary between 2017 and 2018 were Poland ($641k), Croatia ($540k), and France ($192k).

Tariffs: In 2017, the average tariff for Hungary in Whey was 84.8%. The countries with the highest import tariffs for Whey were Republic of the Congo (173%), Cape Verde (173%), Algeria (173%), Western Sahara (173%), and Gabon (173%).

Value

EXPORTS (2018): $30.9M

IMPORTS (2018): $7.33M

NET TRADE (2018): $23.6M

In 2018, Hungary exported $30.9M in Whey. The main destinations of Hungary exports on Whey were France ($3.9M), Germany ($3.23M), Spain ($2.6M), Portugal ($2.48M), and Poland ($2.48M).

In 2018, Hungary imported $7.33M in Whey, mainly from Ireland ($1.38M), Germany ($1.15M), Austria ($1.15M), Poland ($1.13M), and Netherlands ($1.03M).

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IN 2018, Hungary HAD A POSITIVE NET TRADE IN Whey WITH:

  • France, $3.41M ($3.9M - $497k)
  • Spain, $2.6M ($2.6M - $0)
  • Portugal, $2.48M ($2.48M - $0)

IN 2018, Hungary HAD A NEGATIVE NET TRADE IN Whey WITH:

  • Ireland, -$1.14M ($238k - $1.38M)
  • Croatia, -$518k ($21.5k - $540k)
  • Finland, -$1.61k ($35.3k - $36.9k)
Flow

THE FASTEST GROWING Whey EXPORT MARKETS FOR Hungary WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey BY Hungary WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Hungary's main exporting competitors in Whey were:

In 2018, Hungary's main importing competitors in Whey were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Whey in Hungary. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Hungary in Whey was 84.8%.

The countries with the highest tariffs for Whey in Hungary were Republic of the Congo (173%), Cape Verde (173%), Algeria (173%), Western Sahara (173%), and Gabon (173%).

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