2022
Exports | Imports
$14.8M | $23.1MWorld Rnk 12 / 71
Flag Rnk 476 / 1206
World Rnk 12 / 154
Flag Rnk 530 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.36Rnk 13 / 124
2022
PRODUCT COMPLEXITY IN Animal Fat
0.48Rnk 382 / 1025

About

Exports In 2022, Hungary exported $14.8M in Animal Fat, making it the 12th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 476th most exported product in Hungary. The main destination of Animal Fat exports from Hungary are: Romania ($5.55M), Slovakia ($2.69M), Italy ($1.57M), Serbia ($1.04M), and Poland ($577k).

The fastest growing export markets for Animal Fat of Hungary between 2021 and 2022 were Slovakia ($1.24M), Romania ($757k), and Vietnam ($453k).

Imports In 2022, Hungary imported $23.1M in Animal Fat, becoming the 12th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 530th most imported product in Hungary. Hungary imports Animal Fat primarily from: Germany ($7.78M), Spain ($7.01M), Italy ($2.69M), Austria ($1.45M), and Slovakia ($1.4M).

The fastest growing import markets in Animal Fat for Hungary between 2021 and 2022 were Germany ($2.23M), Spain ($887k), and Slovakia ($831k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Animal Fat from Hungary to the United States.

Latest Trends

Feb 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 Animal Fat. 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)$14.8M
IMPORTS (2022)$23.1M
NET TRADE (2022)-$8.36M

In 2022, Hungary exported $14.8M in Animal Fat. The main destinations of Hungary exports on Animal Fat were Romania ($5.55M), Slovakia ($2.69M), Italy ($1.57M), Serbia ($1.04M), and Poland ($577k).

In 2022, Hungary imported $23.1M in Animal Fat, mainly from Germany ($7.78M), Spain ($7.01M), Italy ($2.69M), Austria ($1.45M), and Slovakia ($1.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Slovakia$1.24M (85.9%)
Romania$757k (15.8%)
Vietnam$453k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Hungary WERE (2021 - 2022):
Italy-$854k (-35.2%)
Serbia-$644k (-38.1%)
France-$413k (-67%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Animal Fat were:
Spain $162M
Canada $92.6M
In 2022, Hungary's main importing competitors in Animal Fat were:

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Trade Value of Animal Fat by Exporters

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