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2022
Exports $9.78MWorld Rnk 35 / 120
Flag Rnk 550 / 1206
2022
Destination $714k Germany
2021 - 2022
FASTEST GROWING MARKET $714kFrance
2022
PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel1.55Rnk 41 / 1025
2022
Imports $52MWorld Rnk 34 / 198
Flag Rnk 366 / 1210
2022
Origin $4.15M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.15MGermany
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $9.78M in Flat-Rolled Stainless Steel, making it the 35th largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 550th most exported product in Hungary. The main destination of Flat-Rolled Stainless Steel exports from Hungary are: Germany ($5.24M), France ($1.38M), Bulgaria ($689k), Romania ($474k), and Austria ($448k).

The fastest growing export markets for Flat-Rolled Stainless Steel of Hungary between 2021 and 2022 were France ($714k), Bulgaria ($301k), and Lithuania ($293k).

Imports In 2022, Hungary imported $52M in Flat-Rolled Stainless Steel, becoming the 34th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 366th most imported product in Hungary. Hungary imports Flat-Rolled Stainless Steel primarily from: Germany ($18.9M), Romania ($11.6M), Poland ($6.55M), Slovakia ($5.44M), and Italy ($3.32M).

The fastest growing import markets in Flat-Rolled Stainless Steel for Hungary between 2021 and 2022 were Germany ($4.15M), Romania ($3.14M), and Slovakia ($2.63M).

Latest Trends

Mar 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 Flat-Rolled Stainless Steel. 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)$9.78M
IMPORTS (2022)$52M
NET TRADE (2022)-$42.2M

In 2022, Hungary exported $9.78M in Flat-Rolled Stainless Steel. The main destinations of Hungary exports on Flat-Rolled Stainless Steel were Germany ($5.24M), France ($1.38M), Bulgaria ($689k), Romania ($474k), and Austria ($448k).

In 2022, Hungary imported $52M in Flat-Rolled Stainless Steel, mainly from Germany ($18.9M), Romania ($11.6M), Poland ($6.55M), Slovakia ($5.44M), and Italy ($3.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
France$714k (107%)
Bulgaria$301k (77.6%)
Lithuania$293k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY Hungary WERE (2021 - 2022):
Germany-$1.66M (-24%)
Romania-$227k (-32.3%)
Chinese Taipei-$101k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Flat-Rolled Stainless Steel were:
Germany $953M
China $901M
Italy $575M
In 2022, Hungary's main importing competitors in Flat-Rolled Stainless Steel were:
Germany $909M
United States $376M
Italy $346M

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Trade Value of Flat-Rolled Stainless Steel by Exporters

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