2022
Exports
$109MWorld Rnk 31 / 216
Flag Rnk 193 / 1206
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$220MWorld Rnk 31 / 225
Flag Rnk 133 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $109M in Gas and Liquid Flow Measuring Instruments, making it the 31st largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 193rd most exported product in Hungary. The main destination of Gas and Liquid Flow Measuring Instruments exports from Hungary are: Germany ($42.8M), United States ($6.64M), France ($6.45M), Czechia ($5.37M), and Turkey ($4.35M).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Hungary between 2021 and 2022 were United States ($1.78M), Hong Kong ($1.59M), and Czechia ($1.57M).

Imports In 2022, Hungary imported $220M in Gas and Liquid Flow Measuring Instruments, becoming the 31st largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 133rd most imported product in Hungary. Hungary imports Gas and Liquid Flow Measuring Instruments primarily from: Germany ($109M), Netherlands ($27.7M), United States ($10.6M), Austria ($10.3M), and France ($6.89M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Hungary between 2021 and 2022 were Netherlands ($5.98M), Austria ($4.48M), and Romania ($3.02M).

Latest Trends

Oct 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 Gas and Liquid Flow Measuring Instruments. 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)$109M
IMPORTS (2022)$220M
NET TRADE (2022)-$111M

In 2022, Hungary exported $109M in Gas and Liquid Flow Measuring Instruments. The main destinations of Hungary exports on Gas and Liquid Flow Measuring Instruments were Germany ($42.8M), United States ($6.64M), France ($6.45M), Czechia ($5.37M), and Turkey ($4.35M).

In 2022, Hungary imported $220M in Gas and Liquid Flow Measuring Instruments, mainly from Germany ($109M), Netherlands ($27.7M), United States ($10.6M), Austria ($10.3M), and France ($6.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$1.78M (36.7%)
Hong Kong$1.59M (715%)
Czechia$1.57M (41.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Hungary WERE (2021 - 2022):
Italy-$4.22M (-82.1%)
United Kingdom-$1.92M (-42.4%)
Ukraine-$1.01M (-32.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, Hungary's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.26M
TOP IMPORT POTENTIALUnited States+ $5.93M

Gas and Liquid Flow Measuring Instruments’s highest export potential is United States. With an export gap of $7.26M.   Gas and Liquid Flow Measuring Instruments’s highest import potential is United States with an import gap of $5.93M.

See methodology.

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