2022
Exports
$672kWorld Rnk 23 / 69
Flag Rnk 2448 / 4462
falsefalse United States
2022
Imports
$1.49MWorld Rnk 44 / 139
Flag Rnk 2749 / 4520
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $672k in Carboxylic acids (aldehyde, ketone function), derivs, making it the 23rd largest exporter of Carboxylic acids (aldehyde, ketone function), derivs in the world. At the same year, Carboxylic acids (aldehyde, ketone function), derivs was the 2448th most exported product in Hungary. The main destination of Carboxylic acids (aldehyde, ketone function), derivs exports from Hungary are: United States ($590k), South Korea ($23.4k), China ($16.4k), United Kingdom ($12.8k), and Germany ($10k).

The fastest growing export markets for Carboxylic acids (aldehyde, ketone function), derivs of Hungary between 2021 and 2022 were United States ($59.1k), South Korea ($11.2k), and Japan ($1.62k).

Imports In 2022, Hungary imported $1.49M in Carboxylic acids (aldehyde, ketone function), derivs, becoming the 44th largest importer of Carboxylic acids (aldehyde, ketone function), derivs in the world. At the same year, Carboxylic acids (aldehyde, ketone function), derivs was the 2749th most imported product in Hungary. Hungary imports Carboxylic acids (aldehyde, ketone function), derivs primarily from: Italy ($604k), Netherlands ($436k), China ($133k), Germany ($97.8k), and Switzerland ($90.8k).

COMPANIES In 2023, leading companies such as Robert Bosch (1.07k), Hankook Tires (188), and ZF Friedrichshafen (47) were at the forefront of shipping Carboxylic acids (aldehyde, ketone function), derivs from Hungary to the United States.

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 Carboxylic acids (aldehyde, ketone function), derivs. 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)$672k
IMPORTS (2022)$1.49M
NET TRADE (2022)-$820k

In 2022, Hungary exported $672k in Carboxylic acids (aldehyde, ketone function), derivs. The main destinations of Hungary exports on Carboxylic acids (aldehyde, ketone function), derivs were United States ($590k), South Korea ($23.4k), China ($16.4k), United Kingdom ($12.8k), and Germany ($10k).

In 2022, Hungary imported $1.49M in Carboxylic acids (aldehyde, ketone function), derivs, mainly from Italy ($604k), Netherlands ($436k), China ($133k), Germany ($97.8k), and Switzerland ($90.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic acids (aldehyde, ketone function), derivs EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$59.1k (11.1%)
South Korea$11.2k (92.6%)
Japan$1.62k (63%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic acids (aldehyde, ketone function), derivs BY Hungary WERE (2021 - 2022):
India-$69.3k (-100%)
United Kingdom-$22k (-63.2%)
Canada-$4.89k (-42.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Carboxylic acids (aldehyde, ketone function), derivs were:
In 2022, Hungary's main importing competitors in Carboxylic acids (aldehyde, ketone function), derivs were:

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Trade Value of Carboxylic acids (aldehyde, ketone function), derivs by Exporters

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