2022
Exports
$7.2MWorld Rnk 31 / 127
Flag Rnk 601 / 1206
2022
PRODUCT COMPLEXITY IN Dairy Machinery
0.92Rnk 201 / 1025
2022
Imports
$19.1MWorld Rnk 27 / 183
Flag Rnk 567 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $7.2M in Dairy Machinery, making it the 31st largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 601st most exported product in Hungary. The main destination of Dairy Machinery exports from Hungary are: Mongolia ($4.87M), Romania ($545k), Germany ($283k), Netherlands ($268k), and Oman ($238k).

The fastest growing export markets for Dairy Machinery of Hungary between 2021 and 2022 were Mongolia ($4.86M), Oman ($238k), and Slovakia ($90.2k).

Imports In 2022, Hungary imported $19.1M in Dairy Machinery, becoming the 27th largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 567th most imported product in Hungary. Hungary imports Dairy Machinery primarily from: Netherlands ($6.34M), Germany ($3.07M), Italy ($2.45M), Denmark ($1.41M), and Belgium ($1.25M).

The fastest growing import markets in Dairy Machinery for Hungary between 2021 and 2022 were Netherlands ($4.69M), Germany ($2M), and Italy ($1.14M).

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 Dairy Machinery. 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)$7.2M
IMPORTS (2022)$19.1M
NET TRADE (2022)-$11.9M

In 2022, Hungary exported $7.2M in Dairy Machinery. The main destinations of Hungary exports on Dairy Machinery were Mongolia ($4.87M), Romania ($545k), Germany ($283k), Netherlands ($268k), and Oman ($238k).

In 2022, Hungary imported $19.1M in Dairy Machinery, mainly from Netherlands ($6.34M), Germany ($3.07M), Italy ($2.45M), Denmark ($1.41M), and Belgium ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dairy Machinery EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Mongolia$4.86M (29.1k%)
Oman$238k (1%)
Slovakia$90.2k (1.92k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dairy Machinery BY Hungary WERE (2021 - 2022):
Romania-$806k (-59.7%)
Bulgaria-$251k (-99.3%)
Sweden-$225k (-72.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Dairy Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $353k
TOP IMPORT POTENTIALGermany+ $410k

Dairy Machinery’s highest export potential is Germany. With an export gap of $353k.   Dairy Machinery’s highest import potential is Germany with an import gap of $410k.

See methodology.

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