2022
Exports
$67.9MWorld Rnk 23 / 186
Flag Rnk 250 / 1206
2022
PRODUCT COMPLEXITY IN Wood Crates
0.3Rnk 451 / 1025
2022
Imports
$76.9MWorld Rnk 19 / 216
Flag Rnk 298 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $67.9M in Wood Crates, making it the 23rd largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 250th most exported product in Hungary. The main destination of Wood Crates exports from Hungary are: Italy ($13.7M), Austria ($8.44M), Romania ($8.28M), Slovakia ($7.45M), and Germany ($5.99M).

The fastest growing export markets for Wood Crates of Hungary between 2021 and 2022 were Italy ($3.09M), Austria ($2.01M), and Slovakia ($1.59M).

Imports In 2022, Hungary imported $76.9M in Wood Crates, becoming the 19th largest importer of Wood Crates in the world. At the same year, Wood Crates was the 298th most imported product in Hungary. Hungary imports Wood Crates primarily from: Slovakia ($15M), Poland ($9.6M), Germany ($9.34M), Czechia ($8.23M), and Romania ($6.25M).

The fastest growing import markets in Wood Crates for Hungary between 2021 and 2022 were Slovakia ($5.89M), Germany ($3.13M), and Ukraine ($2.54M).

Latest Trends

Jul 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 Wood Crates. 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)$67.9M
IMPORTS (2022)$76.9M
NET TRADE (2022)-$9.06M

In 2022, Hungary exported $67.9M in Wood Crates. The main destinations of Hungary exports on Wood Crates were Italy ($13.7M), Austria ($8.44M), Romania ($8.28M), Slovakia ($7.45M), and Germany ($5.99M).

In 2022, Hungary imported $76.9M in Wood Crates, mainly from Slovakia ($15M), Poland ($9.6M), Germany ($9.34M), Czechia ($8.23M), and Romania ($6.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Italy$3.09M (29.1%)
Austria$2.01M (31.2%)
Slovakia$1.59M (27.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Hungary WERE (2021 - 2022):
Ukraine-$1.1M (-47.5%)
Russia-$284k (-75.6%)
Sweden-$176k (-36.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.19M
TOP IMPORT POTENTIALPoland+ $3.09M

Wood Crates’s highest export potential is Germany. With an export gap of $4.19M.   Wood Crates’s highest import potential is Poland with an import gap of $3.09M.

See methodology.

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