2022
ECONOMIC COMPLEXITY of Hungary
1.36Rnk 13 / 124
2022
PRODUCT COMPLEXITY IN Gold
-2.48Rnk 1016 / 1025

About

The fastest growing export markets for Gold of Hungary between 2021 and 2022 were Austria ($6.1M), Poland ($1.38M), and Canada ($185k).

Imports In 2022, Hungary imported $123M in Gold, becoming the 53rd largest importer of Gold in the world. At the same year, Gold was the 209th most imported product in Hungary. Hungary imports Gold primarily from: Austria ($60.1M), Italy ($32.4M), Germany ($19.6M), Estonia ($4.27M), and Spain ($1.95M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Gold from Hungary to the United States.

Latest Trends

Feb 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 Gold. 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
IMPORTS (2022)$123M

In 2022, Hungary imported $123M in Gold, mainly from Austria ($60.1M), Italy ($32.4M), Germany ($19.6M), Estonia ($4.27M), and Spain ($1.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Austria$6.1M (172%)
Poland$1.38M (221%)
Canada$185k (59.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Hungary WERE (2021 - 2022):
Bulgaria-$11.8M (-97.1%)
Italy-$8.48M (-29.5%)
Germany-$5.58M (-86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Gold were:

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Trade Value of Gold by Exporters

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