2022
Exports
$12.3MWorld Rnk 29 / 108
Flag Rnk 507 / 1206
2022
PRODUCT COMPLEXITY IN Glass Working Machines
1.35Rnk 82 / 1025
2022
Imports
$28.9MWorld Rnk 30 / 182
Flag Rnk 483 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $12.3M in Glass Working Machines, making it the 29th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 507th most exported product in Hungary. The main destination of Glass Working Machines exports from Hungary are: Denmark ($10.6M), Germany ($409k), China ($386k), Sweden ($239k), and Brazil ($118k).

The fastest growing export markets for Glass Working Machines of Hungary between 2021 and 2022 were Denmark ($10.6M), Ukraine ($65.9k), and Switzerland ($51.8k).

Imports In 2022, Hungary imported $28.9M in Glass Working Machines, becoming the 30th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 483rd most imported product in Hungary. Hungary imports Glass Working Machines primarily from: France ($11.4M), Italy ($6.3M), Finland ($3.33M), Switzerland ($2.51M), and Austria ($2.29M).

The fastest growing import markets in Glass Working Machines for Hungary between 2021 and 2022 were France ($9.99M), Austria ($959k), and Poland ($642k).

Latest Trends

Aug 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 (2022)$12.3M
IMPORTS (2022)$28.9M
NET TRADE (2022)-$16.6M

In 2022, Hungary exported $12.3M in Glass Working Machines. The main destinations of Hungary exports on Glass Working Machines were Denmark ($10.6M), Germany ($409k), China ($386k), Sweden ($239k), and Brazil ($118k).

In 2022, Hungary imported $28.9M in Glass Working Machines, mainly from France ($11.4M), Italy ($6.3M), Finland ($3.33M), Switzerland ($2.51M), and Austria ($2.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Denmark$10.6M (1%)
Ukraine$65.9k (334%)
Switzerland$51.8k (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Hungary WERE (2021 - 2022):
China-$250k (-39.3%)
Brazil-$247k (-67.7%)
Mexico-$214k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Glass Working Machines were:
In 2022, 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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