2023
Exports
$19.6MWorld Rnk 33 / 189
Flag Rnk 426 / 1203
2023
PRODUCT COMPLEXITY IN Batteries
0.58Rnk 335 / 1025
2023
Imports
$57.5MWorld Rnk 37 / 223
Flag Rnk 328 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $19.6M in Batteries, making it the 33rd largest exporter of Batteries in the world. At the same year, Batteries was the 426th most exported product in Hungary. The main destination of Batteries exports from Hungary are: Germany ($5.82M), Netherlands ($5.03M), Romania ($2.04M), Turkey ($906k), and Croatia ($732k).

The fastest growing export markets for Batteries of Hungary between 2022 and 2023 were Netherlands ($4.76M), Germany ($1.09M), and Turkey ($454k).

Imports In 2023, Hungary imported $57.5M in Batteries, becoming the 37th largest importer of Batteries in the world. At the same year, Batteries was the 328th most imported product in Hungary. Hungary imports Batteries primarily from: Germany ($23.2M), Poland ($8.15M), Netherlands ($4.74M), China ($4.68M), and South Korea ($4.13M).

The fastest growing import markets in Batteries for Hungary between 2022 and 2023 were Germany ($5.79M), South Korea ($2.85M), and Slovenia ($1.88M).

Latest Trends

Jan 2025

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 Batteries. 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 (2023)$19.6M
IMPORTS (2023)$57.5M
NET TRADE (2023)-$37.9M

In 2023, Hungary exported $19.6M in Batteries. The main destinations of Hungary exports on Batteries were Germany ($5.82M), Netherlands ($5.03M), Romania ($2.04M), Turkey ($906k), and Croatia ($732k).

In 2023, Hungary imported $57.5M in Batteries, mainly from Germany ($23.2M), Poland ($8.15M), Netherlands ($4.74M), China ($4.68M), and South Korea ($4.13M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Netherlands$4.76M (1.78k%)
Germany$1.09M (23%)
Turkey$454k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY Hungary WERE (2022 - 2023):
Vietnam-$3.32M (-100%)
Romania-$1.66M (-44.9%)
United States-$1.3M (-98.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Batteries were:
In 2023, Hungary's main importing competitors in Batteries were:

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Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.44M
TOP IMPORT POTENTIALChina+ $3.86M

Batteries’s highest export potential is Germany. With an export gap of $1.44M.   Batteries’s highest import potential is China with an import gap of $3.86M.

See methodology.

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