2022
Exports
$4.89MWorld Rnk 59 / 167
Flag Rnk 666 / 1206
2022
PRODUCT COMPLEXITY IN Carbonates
-0.61Rnk 730 / 1025
2022
Imports
$37.2MWorld Rnk 50 / 216
Flag Rnk 432 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $4.89M in Carbonates, making it the 59th largest exporter of Carbonates in the world. At the same year, Carbonates was the 666th most exported product in Hungary. The main destination of Carbonates exports from Hungary are: Norway ($1.3M), United Kingdom ($936k), Romania ($481k), Denmark ($476k), and Poland ($368k).

The fastest growing export markets for Carbonates of Hungary between 2021 and 2022 were Norway ($1.24M), Poland ($270k), and South Korea ($182k).

Imports In 2022, Hungary imported $37.2M in Carbonates, becoming the 50th largest importer of Carbonates in the world. At the same year, Carbonates was the 432nd most imported product in Hungary. Hungary imports Carbonates primarily from: Bosnia and Herzegovina ($16.3M), Germany ($6.3M), Poland ($3.3M), Belgium ($2.6M), and Netherlands ($2.05M).

The fastest growing import markets in Carbonates for Hungary between 2021 and 2022 were Bosnia and Herzegovina ($3.82M), Poland ($1.48M), and Belgium ($1.06M).

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 Carbonates. 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)$4.89M
IMPORTS (2022)$37.2M
NET TRADE (2022)-$32.3M

In 2022, Hungary exported $4.89M in Carbonates. The main destinations of Hungary exports on Carbonates were Norway ($1.3M), United Kingdom ($936k), Romania ($481k), Denmark ($476k), and Poland ($368k).

In 2022, Hungary imported $37.2M in Carbonates, mainly from Bosnia and Herzegovina ($16.3M), Germany ($6.3M), Poland ($3.3M), Belgium ($2.6M), and Netherlands ($2.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carbonates EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Norway$1.24M (1.99k%)
Poland$270k (277%)
South Korea$182k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbonates BY Hungary WERE (2021 - 2022):
Czechia-$306k (-66.1%)
Romania-$156k (-24.5%)
Belgium-$155k (-98.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Carbonates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $512k
TOP IMPORT POTENTIALChina+ $1.06M

Carbonates’s highest export potential is China. With an export gap of $512k.   Carbonates’s highest import potential is China with an import gap of $1.06M.

See methodology.

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