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2022
Exports $733kWorld Rnk 47 / 131
Flag Rnk 926 / 1206
2022
Destination $374k Slovenia
2021 - 2022
FASTEST GROWING MARKET $374kSlovenia
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $61.9kWorld Rnk 143 / 189
Flag Rnk 1166 / 1210
2022
Origin $26.6k Croatia
2021 - 2022
FASTEST GROWING ORIGIN $26.6kCroatia
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $733k in Bitumen and asphalt, making it the 47th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 926th most exported product in Hungary. The main destination of Bitumen and asphalt exports from Hungary are: Slovenia ($496k), Poland ($182k), Austria ($51.8k), Netherlands ($2.71k), and Romania ($354).

The fastest growing export markets for Bitumen and asphalt of Hungary between 2021 and 2022 were Slovenia ($374k), Austria ($51.8k), and Poland ($27.2k).

Imports In 2022, Hungary imported $61.9k in Bitumen and asphalt, becoming the 143rd largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1166th most imported product in Hungary. Hungary imports Bitumen and asphalt primarily from: Croatia ($30.8k), Italy ($17.8k), Czechia ($3.89k), Germany ($3.39k), and Netherlands ($3.18k).

The fastest growing import markets in Bitumen and asphalt for Hungary between 2021 and 2022 were Croatia ($26.6k), Italy ($7.45k), and Czechia ($3.89k).

Latest Trends

Nov 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 Bitumen and 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)$733k
IMPORTS (2022)$61.9k
NET TRADE (2022)$671k

In 2022, Hungary exported $733k in Bitumen and asphalt. The main destinations of Hungary exports on Bitumen and asphalt were Slovenia ($496k), Poland ($182k), Austria ($51.8k), Netherlands ($2.71k), and Romania ($354).

In 2022, Hungary imported $61.9k in Bitumen and asphalt, mainly from Croatia ($30.8k), Italy ($17.8k), Czechia ($3.89k), Germany ($3.39k), and Netherlands ($3.18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Slovenia$374k (305%)
Austria$51.8k (1%)
Poland$27.2k (17.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Hungary WERE (2021 - 2022):
Croatia-$2.77k (-100%)
Netherlands-$1.68k (-38.3%)
Kazakhstan-$708 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Hungary's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPoland+ $13.2k
TOP IMPORT POTENTIALGermany+ $5.93k

Bitumen and asphalt’s highest export potential is Poland. With an export gap of $13.2k.   Bitumen and asphalt’s highest import potential is Germany with an import gap of $5.93k.

See methodology.

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