2022
Exports
$116MWorld Rnk 20 / 195
Flag Rnk 60 / 96
2022
PRODUCT COMPLEXITY IN Animal originated products, n.e.s.
0.29Rnk 455 / 1025
2022
Imports
$95.3MWorld Rnk 28 / 212
Flag Rnk 71 / 96
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $116M in Animal originated products, n.e.s., making it the 20th largest exporter of Animal originated products, n.e.s. in the world. At the same year, Animal originated products, n.e.s. was the 60th most exported product in Hungary. The main destination of Animal originated products, n.e.s. exports from Hungary are: Japan ($15.5M), Germany ($15.4M), United States ($13M), Italy ($12.6M), and Vietnam ($8.53M).

The fastest growing export markets for Animal originated products, n.e.s. of Hungary between 2021 and 2022 were Italy ($2.43M), United States ($2.43M), and Austria ($2.38M).

Imports In 2022, Hungary imported $95.3M in Animal originated products, n.e.s., becoming the 28th largest importer of Animal originated products, n.e.s. in the world. At the same year, Animal originated products, n.e.s. was the 71st most imported product in Hungary. Hungary imports Animal originated products, n.e.s. primarily from: Germany ($20.6M), Italy ($10.6M), China ($10.1M), Poland ($9.38M), and Austria ($9.16M).

The fastest growing import markets in Animal originated products, n.e.s. for Hungary between 2021 and 2022 were China ($4.94M), Austria ($4.54M), and Italy ($2.6M).

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 Animal originated products, n.e.s.. 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)$116M
IMPORTS (2022)$95.3M
NET TRADE (2022)$20.4M

In 2022, Hungary exported $116M in Animal originated products, n.e.s.. The main destinations of Hungary exports on Animal originated products, n.e.s. were Japan ($15.5M), Germany ($15.4M), United States ($13M), Italy ($12.6M), and Vietnam ($8.53M).

In 2022, Hungary imported $95.3M in Animal originated products, n.e.s., mainly from Germany ($20.6M), Italy ($10.6M), China ($10.1M), Poland ($9.38M), and Austria ($9.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal originated products, n.e.s. EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Italy$2.43M (24%)
United States$2.43M (23%)
Austria$2.38M (64.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal originated products, n.e.s. BY Hungary WERE (2021 - 2022):
China-$12.5M (-85.3%)
Vietnam-$3.9M (-31.4%)
South Korea-$3.6M (-74%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Animal originated products, n.e.s. were:
In 2022, Hungary's main importing competitors in Animal originated products, n.e.s. were:

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Trade Value of Animal originated products, n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.45M
TOP IMPORT POTENTIALChina+ $1.41M

Animal originated products, n.e.s.’s highest export potential is Germany. With an export gap of $2.45M.   Animal originated products, n.e.s.’s highest import potential is China with an import gap of $1.41M.

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