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Exports In 2022, Hungary exported $49.4k in Cloves, making it the 50th largest exporter of Cloves in the world. At the same year, Cloves was the 1106th most exported product in Hungary. The main destination of Cloves exports from Hungary are: Germany ($27.6k), Romania ($6.87k), Croatia ($4.14k), Malta ($2.18k), and Czechia ($2.16k).

The fastest growing export markets for Cloves of Hungary between 2021 and 2022 were Germany ($17.2k), Malta ($2.18k), and Austria ($1.25k).

Imports In 2022, Hungary imported $474k in Cloves, becoming the 77th largest importer of Cloves in the world. At the same year, Cloves was the 1081st most imported product in Hungary. Hungary imports Cloves primarily from: Netherlands ($163k), Austria ($125k), Madagascar ($45.5k), Latvia ($34.4k), and Romania ($32.9k).

The fastest growing import markets in Cloves for Hungary between 2021 and 2022 were Madagascar ($45.5k), Netherlands ($31.1k), and Romania ($12k).

Latest Trends

Aug 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 Cloves. 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)$49.4k
IMPORTS (2022)$474k
NET TRADE (2022)-$425k

In 2022, Hungary exported $49.4k in Cloves. The main destinations of Hungary exports on Cloves were Germany ($27.6k), Romania ($6.87k), Croatia ($4.14k), Malta ($2.18k), and Czechia ($2.16k).

In 2022, Hungary imported $474k in Cloves, mainly from Netherlands ($163k), Austria ($125k), Madagascar ($45.5k), Latvia ($34.4k), and Romania ($32.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Germany$17.2k (167%)
Malta$2.18k (1%)
Austria$1.25k (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Hungary WERE (2021 - 2022):
Greece-$21.7k (-97.8%)
Netherlands-$5.86k (-81.7%)
Moldova-$2.65k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.35k
TOP IMPORT POTENTIALMadagascar+ $54.3k

Cloves’s highest export potential is Germany. With an export gap of $2.35k.   Cloves’s highest import potential is Madagascar with an import gap of $54.3k.

See methodology.

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