2023
Exports
$165MWorld Rnk 20 / 188
Flag Rnk 151 / 1203
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$23.6MWorld Rnk 75 / 226
Flag Rnk 514 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $165M in Wine, making it the 20th largest exporter of Wine in the world. At the same year, Wine was the 151st most exported product in Hungary. The main destination of Wine exports from Hungary are: Czechia ($33.9M), United Kingdom ($20.2M), Germany ($18.3M), Slovakia ($18.2M), and France ($9.08M).

The fastest growing export markets for Wine of Hungary between 2022 and 2023 were United Kingdom ($3.44M), Czechia ($3.08M), and Croatia ($2.27M).

Imports In 2023, Hungary imported $23.6M in Wine, becoming the 75th largest importer of Wine in the world. At the same year, Wine was the 514th most imported product in Hungary. Hungary imports Wine primarily from: Italy ($7.03M), France ($6.98M), Germany ($4.84M), Slovakia ($802k), and Spain ($748k).

The fastest growing import markets in Wine for Hungary between 2022 and 2023 were Germany ($1.04M), Denmark ($169k), and Argentina ($160k).

Latest Trends

Dec 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 Wine. 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 (2023)$165M
IMPORTS (2023)$23.6M
NET TRADE (2023)$142M

In 2023, Hungary exported $165M in Wine. The main destinations of Hungary exports on Wine were Czechia ($33.9M), United Kingdom ($20.2M), Germany ($18.3M), Slovakia ($18.2M), and France ($9.08M).

In 2023, Hungary imported $23.6M in Wine, mainly from Italy ($7.03M), France ($6.98M), Germany ($4.84M), Slovakia ($802k), and Spain ($748k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
United Kingdom$3.44M (20.5%)
Czechia$3.08M (9.99%)
Croatia$2.27M (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Hungary WERE (2022 - 2023):
Belarus-$2.66M (-85.4%)
United States-$1.18M (-20.7%)
Romania-$797k (-13.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Hungary's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.41M
TOP IMPORT POTENTIALFrance+ $4.41M

Wine’s highest export potential is Germany. With an export gap of $8.41M.   Wine’s highest import potential is France with an import gap of $4.41M.

See methodology.

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