2022
Exports
$400MWorld Rnk 19 / 209
Flag Rnk 76 / 1206
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$392MWorld Rnk 21 / 222
Flag Rnk 78 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $400M in Electrical Lighting and Signalling Equipment, making it the 19th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 76th most exported product in Hungary. The main destination of Electrical Lighting and Signalling Equipment exports from Hungary are: Germany ($82M), Italy ($69.9M), Poland ($55.6M), Czechia ($25.9M), and France ($19.9M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Hungary between 2021 and 2022 were Italy ($61.3M), Poland ($36.4M), and Germany ($9.03M).

Imports In 2022, Hungary imported $392M in Electrical Lighting and Signalling Equipment, becoming the 21st largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 78th most imported product in Hungary. Hungary imports Electrical Lighting and Signalling Equipment primarily from: Austria ($69.5M), Germany ($62.6M), Slovakia ($48.8M), Slovenia ($43.9M), and Czechia ($35.4M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Hungary between 2021 and 2022 were Serbia ($5.59M), Germany ($4.77M), and Italy ($3.81M).

Latest Trends

Jul 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 Electrical Lighting and Signalling Equipment. 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)$400M
IMPORTS (2022)$392M
NET TRADE (2022)$7.96M

In 2022, Hungary exported $400M in Electrical Lighting and Signalling Equipment. The main destinations of Hungary exports on Electrical Lighting and Signalling Equipment were Germany ($82M), Italy ($69.9M), Poland ($55.6M), Czechia ($25.9M), and France ($19.9M).

In 2022, Hungary imported $392M in Electrical Lighting and Signalling Equipment, mainly from Austria ($69.5M), Germany ($62.6M), Slovakia ($48.8M), Slovenia ($43.9M), and Czechia ($35.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Italy$61.3M (714%)
Poland$36.4M (189%)
Germany$9.03M (12.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Hungary WERE (2021 - 2022):
Spain-$8.36M (-42.6%)
France-$7.92M (-28.5%)
Belgium-$6.99M (-41.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Hungary's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $10.7M

Electrical Lighting and Signalling Equipment’s highest export potential is N/A. With an export gap of N/A.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $10.7M.

See methodology.

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