2023
Exports
$15.9MWorld Rnk 77 / 199
Flag Rnk 454 / 1203
2023
PRODUCT COMPLEXITY IN Hard Liquor
-0.58Rnk 730 / 1025
2023
Imports
$122MWorld Rnk 52 / 226
Flag Rnk 194 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $15.9M in Hard Liquor, making it the 77th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 454th most exported product in Hungary. The main destination of Hard Liquor exports from Hungary are: Slovakia ($5.54M), Italy ($3.73M), Netherlands ($1.4M), Romania ($1.33M), and Germany ($988k).

The fastest growing export markets for Hard Liquor of Hungary between 2022 and 2023 were Italy ($669k), Czechia ($547k), and Netherlands ($493k).

Imports In 2023, Hungary imported $122M in Hard Liquor, becoming the 52nd largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 194th most imported product in Hungary. Hungary imports Hard Liquor primarily from: Germany ($28.9M), Poland ($13.8M), Romania ($9.45M), Netherlands ($8.45M), and United Kingdom ($7.99M).

The fastest growing import markets in Hard Liquor for Hungary between 2022 and 2023 were Germany ($5.28M), Poland ($4.25M), and Finland ($3.36M).

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 Hard Liquor. 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)$15.9M
IMPORTS (2023)$122M
NET TRADE (2023)-$106M

In 2023, Hungary exported $15.9M in Hard Liquor. The main destinations of Hungary exports on Hard Liquor were Slovakia ($5.54M), Italy ($3.73M), Netherlands ($1.4M), Romania ($1.33M), and Germany ($988k).

In 2023, Hungary imported $122M in Hard Liquor, mainly from Germany ($28.9M), Poland ($13.8M), Romania ($9.45M), Netherlands ($8.45M), and United Kingdom ($7.99M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Italy$669k (21.9%)
Czechia$547k (689%)
Netherlands$493k (54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Hungary WERE (2022 - 2023):
Slovakia-$2.41M (-30.3%)
Spain-$529k (-99.5%)
Germany-$191k (-16.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Hard Liquor were:
In 2023, Hungary's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.29M
TOP IMPORT POTENTIALUnited Kingdom+ $6.53M

Hard Liquor’s highest export potential is Germany. With an export gap of $1.29M.   Hard Liquor’s highest import potential is United Kingdom with an import gap of $6.53M.

See methodology.

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