2023
Exports
$247MWorld Rnk 23 / 176
Flag Rnk 108 / 1203
2023
PRODUCT COMPLEXITY IN Cheese
-0.12Rnk 596 / 1025
2023
Imports
$329MWorld Rnk 28 / 225
Flag Rnk 84 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $247M in Cheese, making it the 23rd largest exporter of Cheese in the world. At the same year, Cheese was the 108th most exported product in Hungary. The main destination of Cheese exports from Hungary are: Italy ($92.5M), Romania ($22.9M), Lebanon ($22.8M), Saudi Arabia ($15.4M), and Jordan ($10.5M).

The fastest growing export markets for Cheese of Hungary between 2022 and 2023 were Italy ($20M), Lebanon ($5.58M), and Jordan ($2.07M).

Imports In 2023, Hungary imported $329M in Cheese, becoming the 28th largest importer of Cheese in the world. At the same year, Cheese was the 84th most imported product in Hungary. Hungary imports Cheese primarily from: Germany ($179M), Poland ($46.3M), Netherlands ($23.6M), Austria ($23.5M), and Italy ($16.7M).

The fastest growing import markets in Cheese for Hungary between 2022 and 2023 were Germany ($19.6M), Poland ($11.8M), and Austria ($3.71M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$247M
IMPORTS (2023)$329M
NET TRADE (2023)-$82.7M

In 2023, Hungary exported $247M in Cheese. The main destinations of Hungary exports on Cheese were Italy ($92.5M), Romania ($22.9M), Lebanon ($22.8M), Saudi Arabia ($15.4M), and Jordan ($10.5M).

In 2023, Hungary imported $329M in Cheese, mainly from Germany ($179M), Poland ($46.3M), Netherlands ($23.6M), Austria ($23.5M), and Italy ($16.7M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Italy$20M (27.6%)
Lebanon$5.58M (32.4%)
Jordan$2.07M (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Hungary WERE (2022 - 2023):
United Kingdom-$4.85M (-35.3%)
Saudi Arabia-$3.81M (-19.9%)
Serbia-$1.99M (-32.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Hungary's main exporting competitors in Cheese were:
In 2023, Hungary's main importing competitors in Cheese were:
Germany $5.58B
France $3.02B
Italy $2.84B

Explore Visualizations

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with