2022
Exports
$977kWorld Rnk 70 / 154
Flag Rnk 898 / 1206
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$14MWorld Rnk 48 / 212
Flag Rnk 625 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $977k in Coconut Oil, making it the 70th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 898th most exported product in Hungary. The main destination of Coconut Oil exports from Hungary are: Serbia ($144k), Slovakia ($140k), Czechia ($137k), Croatia ($133k), and Romania ($116k).

The fastest growing export markets for Coconut Oil of Hungary between 2021 and 2022 were Romania ($35.9k), Czechia ($15.7k), and Spain ($12.4k).

Imports In 2022, Hungary imported $14M in Coconut Oil, becoming the 48th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 625th most imported product in Hungary. Hungary imports Coconut Oil primarily from: Italy ($5.51M), Germany ($4.48M), Netherlands ($1.64M), Sweden ($784k), and Belgium ($529k).

The fastest growing import markets in Coconut Oil for Hungary between 2021 and 2022 were Italy ($2.87M), Germany ($1.12M), and Netherlands ($707k).

Latest Trends

Nov 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 Coconut Oil. 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)$977k
IMPORTS (2022)$14M
NET TRADE (2022)-$13M

In 2022, Hungary exported $977k in Coconut Oil. The main destinations of Hungary exports on Coconut Oil were Serbia ($144k), Slovakia ($140k), Czechia ($137k), Croatia ($133k), and Romania ($116k).

In 2022, Hungary imported $14M in Coconut Oil, mainly from Italy ($5.51M), Germany ($4.48M), Netherlands ($1.64M), Sweden ($784k), and Belgium ($529k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Romania$35.9k (44.5%)
Czechia$15.7k (13%)
Spain$12.4k (273%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Hungary WERE (2021 - 2022):
Netherlands-$282k (-89.4%)
Sweden-$149k (-100%)
Bosnia and Herzegovina-$29.1k (-22.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $69.5k
TOP IMPORT POTENTIALNetherlands+ $425k

Coconut Oil’s highest export potential is Netherlands. With an export gap of $69.5k.   Coconut Oil’s highest import potential is Netherlands with an import gap of $425k.

See methodology.

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