2022
Exports
$19.9MWorld Rnk 32 / 190
Flag Rnk 415 / 1206
2022
PRODUCT COMPLEXITY IN Batteries
0.69Rnk 280 / 1025
2022
Imports
$53.3MWorld Rnk 39 / 225
Flag Rnk 361 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $19.9M in Batteries, making it the 32nd largest exporter of Batteries in the world. At the same year, Batteries was the 415th most exported product in Hungary. The main destination of Batteries exports from Hungary are: Romania ($3.6M), Vietnam ($3.29M), Poland ($2.03M), Germany ($1.98M), and Slovenia ($928k).

The fastest growing export markets for Batteries of Hungary between 2021 and 2022 were Vietnam ($3.22M), United States ($394k), and Turkey ($393k).

Imports In 2022, Hungary imported $53.3M in Batteries, becoming the 39th largest importer of Batteries in the world. At the same year, Batteries was the 361st most imported product in Hungary. Hungary imports Batteries primarily from: Germany ($14.5M), Malaysia ($11.1M), Poland ($7.2M), Slovakia ($4.5M), and Netherlands ($3.64M).

The fastest growing import markets in Batteries for Hungary between 2021 and 2022 were Slovakia ($3.18M), South Korea ($1.22M), and Mexico ($233k).

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 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 (2022)$19.9M
IMPORTS (2022)$53.3M
NET TRADE (2022)-$33.5M

In 2022, Hungary exported $19.9M in Batteries. The main destinations of Hungary exports on Batteries were Romania ($3.6M), Vietnam ($3.29M), Poland ($2.03M), Germany ($1.98M), and Slovenia ($928k).

In 2022, Hungary imported $53.3M in Batteries, mainly from Germany ($14.5M), Malaysia ($11.1M), Poland ($7.2M), Slovakia ($4.5M), and Netherlands ($3.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Vietnam$3.22M (4.95k%)
United States$394k (25.6k%)
Turkey$393k (662%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY Hungary WERE (2021 - 2022):
Germany-$6.11M (-75.5%)
Italy-$1.72M (-75.4%)
Slovenia-$435k (-31.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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