2023
Exports
$3.28MWorld Rnk 36 / 113
Flag Rnk 719 / 1203
2023
PRODUCT COMPLEXITY IN Glass Working Machines
1.27Rnk 83 / 1025
2023
Imports
$57.2MWorld Rnk 19 / 180
Flag Rnk 330 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $3.28M in Glass Working Machines, making it the 36th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 719th most exported product in Hungary. The main destination of Glass Working Machines exports from Hungary are: Italy ($812k), Brazil ($705k), Germany ($616k), Sweden ($436k), and United States ($198k).

The fastest growing export markets for Glass Working Machines of Hungary between 2022 and 2023 were Italy ($792k), Brazil ($627k), and United States ($190k).

Imports In 2023, Hungary imported $57.2M in Glass Working Machines, becoming the 19th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 330th most imported product in Hungary. Hungary imports Glass Working Machines primarily from: Malaysia ($23.3M), Switzerland ($13.2M), France ($11.6M), Germany ($4.05M), and Italy ($1.82M).

The fastest growing import markets in Glass Working Machines for Hungary between 2022 and 2023 were Malaysia ($23.3M), Switzerland ($10.7M), and Germany ($3.11M).

Latest Trends

Dec 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 Glass Working Machines. 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 (2023)$3.28M
IMPORTS (2023)$57.2M
NET TRADE (2023)-$53.9M

In 2023, Hungary exported $3.28M in Glass Working Machines. The main destinations of Hungary exports on Glass Working Machines were Italy ($812k), Brazil ($705k), Germany ($616k), Sweden ($436k), and United States ($198k).

In 2023, Hungary imported $57.2M in Glass Working Machines, mainly from Malaysia ($23.3M), Switzerland ($13.2M), France ($11.6M), Germany ($4.05M), and Italy ($1.82M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Italy$792k (3.95k%)
Brazil$627k (795%)
United States$190k (2.27k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Hungary WERE (2022 - 2023):
Denmark-$10.6M (-100%)
China-$382k (-98.9%)
Ukraine-$85.6k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Glass Working Machines were:
In 2023, Hungary's main importing competitors in Glass Working Machines were:

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $584k
TOP IMPORT POTENTIALGermany+ $897k

Glass Working Machines’s highest export potential is China. With an export gap of $584k.   Glass Working Machines’s highest import potential is Germany with an import gap of $897k.

See methodology.

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