2022
Exports
$267kWorld Rnk 44 / 147
Flag Rnk 1004 / 1206
2022
PRODUCT COMPLEXITY IN Cinnamon
-1.8Rnk 982 / 1025
2022
Imports
$1.57MWorld Rnk 70 / 211
Flag Rnk 982 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $267k in Cinnamon, making it the 44th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1004th most exported product in Hungary. The main destination of Cinnamon exports from Hungary are: Germany ($70.6k), Romania ($49.3k), Croatia ($37.5k), Slovakia ($19.3k), and Bosnia and Herzegovina ($19.3k).

The fastest growing export markets for Cinnamon of Hungary between 2021 and 2022 were Germany ($51.6k), Finland ($6.93k), and Montenegro ($4.71k).

Imports In 2022, Hungary imported $1.57M in Cinnamon, becoming the 70th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 982nd most imported product in Hungary. Hungary imports Cinnamon primarily from: Vietnam ($384k), Austria ($378k), Germany ($157k), Latvia ($129k), and Poland ($118k).

The fastest growing import markets in Cinnamon for Hungary between 2021 and 2022 were Vietnam ($189k), Germany ($77.7k), and Indonesia ($53k).

Latest Trends

Sep 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 Cinnamon. 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)$267k
IMPORTS (2022)$1.57M
NET TRADE (2022)-$1.3M

In 2022, Hungary exported $267k in Cinnamon. The main destinations of Hungary exports on Cinnamon were Germany ($70.6k), Romania ($49.3k), Croatia ($37.5k), Slovakia ($19.3k), and Bosnia and Herzegovina ($19.3k).

In 2022, Hungary imported $1.57M in Cinnamon, mainly from Vietnam ($384k), Austria ($378k), Germany ($157k), Latvia ($129k), and Poland ($118k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$51.6k (271%)
Finland$6.93k (1%)
Montenegro$4.71k (14.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Hungary WERE (2021 - 2022):
France-$38.8k (-97.9%)
Czechia-$24.1k (-57.9%)
Greece-$13.5k (-93.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $26.7k
TOP IMPORT POTENTIALVietnam+ $93.4k

Cinnamon’s highest export potential is Germany. With an export gap of $26.7k.   Cinnamon’s highest import potential is Vietnam with an import gap of $93.4k.

See methodology.

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