2022
Exports
$2.42MWorld Rnk 28 / 129
Flag Rnk 782 / 1206
2022
PRODUCT COMPLEXITY IN Bulbs and Roots
-0.42Rnk 678 / 1025
2022
Imports
$15.9MWorld Rnk 29 / 177
Flag Rnk 602 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $2.42M in Bulbs and Roots, making it the 28th largest exporter of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 782nd most exported product in Hungary. The main destination of Bulbs and Roots exports from Hungary are: Slovakia ($718k), Romania ($630k), Switzerland ($434k), Germany ($319k), and Austria ($184k).

The fastest growing export markets for Bulbs and Roots of Hungary between 2021 and 2022 were Switzerland ($90.5k), Slovenia ($35.5k), and Romania ($30.9k).

Imports In 2022, Hungary imported $15.9M in Bulbs and Roots, becoming the 29th largest importer of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 602nd most imported product in Hungary. Hungary imports Bulbs and Roots primarily from: Netherlands ($11.8M), Austria ($1.46M), Germany ($1.41M), Slovenia ($565k), and Poland ($300k).

The fastest growing import markets in Bulbs and Roots for Hungary between 2021 and 2022 were Austria ($507k), Slovenia ($137k), and Poland ($76.3k).

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 Bulbs and Roots. 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)$2.42M
IMPORTS (2022)$15.9M
NET TRADE (2022)-$13.5M

In 2022, Hungary exported $2.42M in Bulbs and Roots. The main destinations of Hungary exports on Bulbs and Roots were Slovakia ($718k), Romania ($630k), Switzerland ($434k), Germany ($319k), and Austria ($184k).

In 2022, Hungary imported $15.9M in Bulbs and Roots, mainly from Netherlands ($11.8M), Austria ($1.46M), Germany ($1.41M), Slovenia ($565k), and Poland ($300k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bulbs and Roots EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Switzerland$90.5k (26.4%)
Slovenia$35.5k (711k%)
Romania$30.9k (5.15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bulbs and Roots BY Hungary WERE (2021 - 2022):
Russia-$636k (-100%)
Italy-$165k (-95.8%)
Netherlands-$160k (-96.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Bulbs and Roots were:
In 2022, Hungary's main importing competitors in Bulbs and Roots were:

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Trade Value of Bulbs and Roots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $223k
TOP IMPORT POTENTIALItaly+ $87.5k

Bulbs and Roots’s highest export potential is Germany. With an export gap of $223k.   Bulbs and Roots’s highest import potential is Italy with an import gap of $87.5k.

See methodology.

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