2022
Exports
$3.39MWorld Rnk 40 / 135
Flag Rnk 723 / 1206
2022
PRODUCT COMPLEXITY IN Asphalt
-0.09Rnk 576 / 1025
2022
Imports
$32.2MWorld Rnk 17 / 213
Flag Rnk 464 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.39M in Asphalt, making it the 40th largest exporter of Asphalt in the world. At the same year, Asphalt was the 723rd most exported product in Hungary. The main destination of Asphalt exports from Hungary are: Slovakia ($1.74M), Bulgaria ($733k), Latvia ($302k), Netherlands ($227k), and Romania ($137k).

The fastest growing export markets for Asphalt of Hungary between 2021 and 2022 were Bulgaria ($606k), Slovakia ($603k), and Latvia ($267k).

Imports In 2022, Hungary imported $32.2M in Asphalt, becoming the 17th largest importer of Asphalt in the world. At the same year, Asphalt was the 464th most imported product in Hungary. Hungary imports Asphalt primarily from: Italy ($11.9M), Austria ($6.78M), Poland ($3.38M), Slovakia ($3.24M), and Germany ($1.9M).

The fastest growing import markets in Asphalt for Hungary between 2021 and 2022 were Poland ($1.93M), Italy ($1.61M), and Austria ($971k).

Latest Trends

Oct 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 Asphalt. 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)$3.39M
IMPORTS (2022)$32.2M
NET TRADE (2022)-$28.8M

In 2022, Hungary exported $3.39M in Asphalt. The main destinations of Hungary exports on Asphalt were Slovakia ($1.74M), Bulgaria ($733k), Latvia ($302k), Netherlands ($227k), and Romania ($137k).

In 2022, Hungary imported $32.2M in Asphalt, mainly from Italy ($11.9M), Austria ($6.78M), Poland ($3.38M), Slovakia ($3.24M), and Germany ($1.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Bulgaria$606k (477%)
Slovakia$603k (53.1%)
Latvia$267k (751%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Hungary WERE (2021 - 2022):
Poland-$121k (-81.6%)
France-$119k (-48.6%)
Romania-$88.3k (-39.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $142k
TOP IMPORT POTENTIALGermany+ $494k

Asphalt’s highest export potential is Netherlands. With an export gap of $142k.   Asphalt’s highest import potential is Germany with an import gap of $494k.

See methodology.

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