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2022
Exports $218MWorld Rnk 25 / 169
Flag Rnk 123 / 1206
2022
Destination $6.56M Italy
2021 - 2022
FASTEST GROWING MARKET $6.56MItaly
2022
PRODUCT COMPLEXITY IN Cheese-0.14Rnk 591 / 1025
2022
Imports $321MWorld Rnk 30 / 223
Flag Rnk 94 / 1210
2022
Origin $19.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $19.4MSlovakia
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $218M in Cheese, making it the 25th largest exporter of Cheese in the world. At the same year, Cheese was the 123rd most exported product in Hungary. The main destination of Cheese exports from Hungary are: Italy ($60.9M), Romania ($21.2M), Lebanon ($17.7M), Saudi Arabia ($16.1M), and France ($13M).

The fastest growing export markets for Cheese of Hungary between 2021 and 2022 were Italy ($6.56M), Lebanon ($5.2M), and United Kingdom ($3.94M).

Imports In 2022, Hungary imported $321M in Cheese, becoming the 30th largest importer of Cheese in the world. At the same year, Cheese was the 94th most imported product in Hungary. Hungary imports Cheese primarily from: Germany ($158M), Slovakia ($41.1M), Poland ($37.6M), Netherlands ($23.1M), and Italy ($16.7M).

The fastest growing import markets in Cheese for Hungary between 2021 and 2022 were Slovakia ($19.4M), Germany ($8.68M), and Austria ($3.19M).

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 Cheese. 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)$218M
IMPORTS (2022)$321M
NET TRADE (2022)-$102M

In 2022, Hungary exported $218M in Cheese. The main destinations of Hungary exports on Cheese were Italy ($60.9M), Romania ($21.2M), Lebanon ($17.7M), Saudi Arabia ($16.1M), and France ($13M).

In 2022, Hungary imported $321M in Cheese, mainly from Germany ($158M), Slovakia ($41.1M), Poland ($37.6M), Netherlands ($23.1M), and Italy ($16.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Italy$6.56M (12.1%)
Lebanon$5.2M (41.4%)
United Kingdom$3.94M (46.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Hungary WERE (2021 - 2022):
Jordan-$2.28M (-23.8%)
Ukraine-$1.51M (-82.2%)
Saudi Arabia-$901k (-5.31%)
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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 Cheese were:
Germany $6.23B
Netherlands $5.19B
Italy $4.66B
In 2022, Hungary's main importing competitors in Cheese were:
Germany $5.19B
France $2.8B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.3M
TOP IMPORT POTENTIALItaly+ $10.2M

Cheese’s highest export potential is Germany. With an export gap of $11.3M.   Cheese’s highest import potential is Italy with an import gap of $10.2M.

See methodology.

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