2022
Exports
$202MWorld Rnk 32 / 175
Flag Rnk 132 / 1206
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$374MWorld Rnk 16 / 218
Flag Rnk 84 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $202M in Aluminium Bars, making it the 32nd largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 132nd most exported product in Hungary. The main destination of Aluminium Bars exports from Hungary are: Germany ($99.2M), Slovenia ($20.4M), Slovakia ($8.38M), Austria ($8.35M), and Poland ($8.05M).

The fastest growing export markets for Aluminium Bars of Hungary between 2021 and 2022 were Germany ($24.9M), Slovenia ($10.5M), and France ($2.27M).

Imports In 2022, Hungary imported $374M in Aluminium Bars, becoming the 16th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 84th most imported product in Hungary. Hungary imports Aluminium Bars primarily from: Germany ($115M), Italy ($32.7M), Slovenia ($31.7M), Slovakia ($30.4M), and Poland ($27.1M).

The fastest growing import markets in Aluminium Bars for Hungary between 2021 and 2022 were Germany ($17.5M), Slovenia ($6.39M), and Italy ($5.19M).

Latest Trends

Sep 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 Aluminium Bars. 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)$202M
IMPORTS (2022)$374M
NET TRADE (2022)-$172M

In 2022, Hungary exported $202M in Aluminium Bars. The main destinations of Hungary exports on Aluminium Bars were Germany ($99.2M), Slovenia ($20.4M), Slovakia ($8.38M), Austria ($8.35M), and Poland ($8.05M).

In 2022, Hungary imported $374M in Aluminium Bars, mainly from Germany ($115M), Italy ($32.7M), Slovenia ($31.7M), Slovakia ($30.4M), and Poland ($27.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$24.9M (33.6%)
Slovenia$10.5M (106%)
France$2.27M (58.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Hungary WERE (2021 - 2022):
United States-$9.74M (-85.9%)
Italy-$2.42M (-44.2%)
Austria-$777k (-8.51%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Hungary's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $8.27M
TOP IMPORT POTENTIALAustria+ $10M

Aluminium Bars’s highest export potential is Austria. With an export gap of $8.27M.   Aluminium Bars’s highest import potential is Austria with an import gap of $10M.

See methodology.

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