Exports In 2023, Hungary exported $2.61B in Electrical Transformers, making it the 14th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 10th most exported product in Hungary. The main destination of Electrical Transformers exports from Hungary are: Germany ($1.18B), China ($352M), France ($167M), Netherlands ($110M), and United States ($97.8M).
The fastest growing export markets for Electrical Transformers of Hungary between 2022 and 2023 were China ($267M), Germany ($177M), and Hong Kong ($28.1M).
Imports In 2023, Hungary imported $1.76B in Electrical Transformers, becoming the 26th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 18th most imported product in Hungary. Hungary imports Electrical Transformers primarily from: Germany ($472M), China ($300M), Japan ($116M), Hong Kong ($89.5M), and Thailand ($85M).
The fastest growing import markets in Electrical Transformers for Hungary between 2022 and 2023 were Germany ($35.9M), Japan ($20.5M), and Israel ($13.3M).