2022
Exports
$379MWorld Rnk 32 / 223
Flag Rnk 81 / 1206
2022
PRODUCT COMPLEXITY IN Centrifuges
1.1Rnk 136 / 1025
2022
Imports
$741MWorld Rnk 32 / 226
Flag Rnk 38 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $379M in Centrifuges, making it the 32nd largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 81st most exported product in Hungary. The main destination of Centrifuges exports from Hungary are: Germany ($63M), Italy ($27M), Poland ($22.5M), Canada ($21.4M), and Romania ($21.2M).

The fastest growing export markets for Centrifuges of Hungary between 2021 and 2022 were Germany ($15.3M), Iraq ($3.87M), and Portugal ($3.69M).

Imports In 2022, Hungary imported $741M in Centrifuges, becoming the 32nd largest importer of Centrifuges in the world. At the same year, Centrifuges was the 38th most imported product in Hungary. Hungary imports Centrifuges primarily from: Germany ($321M), Czechia ($79.6M), Poland ($74.1M), South Korea ($32.6M), and Italy ($26.2M).

The fastest growing import markets in Centrifuges for Hungary between 2021 and 2022 were Czechia ($36.2M), Germany ($22.5M), and South Korea ($10.5M).

Latest Trends

Oct 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 Centrifuges. 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)$379M
IMPORTS (2022)$741M
NET TRADE (2022)-$362M

In 2022, Hungary exported $379M in Centrifuges. The main destinations of Hungary exports on Centrifuges were Germany ($63M), Italy ($27M), Poland ($22.5M), Canada ($21.4M), and Romania ($21.2M).

In 2022, Hungary imported $741M in Centrifuges, mainly from Germany ($321M), Czechia ($79.6M), Poland ($74.1M), South Korea ($32.6M), and Italy ($26.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$15.3M (32.1%)
Iraq$3.87M (1.29k%)
Portugal$3.69M (238%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Hungary WERE (2021 - 2022):
Russia-$15.9M (-61.9%)
China-$15M (-45.8%)
United States-$4.92M (-20.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $29M
TOP IMPORT POTENTIALChina+ $24.6M

Centrifuges’s highest export potential is Germany. With an export gap of $29M.   Centrifuges’s highest import potential is China with an import gap of $24.6M.

See methodology.

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