2022
Exports
$87.3MWorld Rnk 10 / 176
Flag Rnk 218 / 1206
2022
PRODUCT COMPLEXITY IN Honey
-1.08Rnk 851 / 1025
2022
Imports
$8.11MWorld Rnk 37 / 209
Flag Rnk 728 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $87.3M in Honey, making it the 10th largest exporter of Honey in the world. At the same year, Honey was the 218th most exported product in Hungary. The main destination of Honey exports from Hungary are: Italy ($32.4M), Germany ($16.4M), Japan ($9.96M), France ($8.95M), and Austria ($3.14M).

The fastest growing export markets for Honey of Hungary between 2021 and 2022 were France ($2.39M), Japan ($1.89M), and United Kingdom ($1.01M).

Imports In 2022, Hungary imported $8.11M in Honey, becoming the 37th largest importer of Honey in the world. At the same year, Honey was the 728th most imported product in Hungary. Hungary imports Honey primarily from: Ukraine ($4.01M), Spain ($1.3M), Romania ($814k), Germany ($707k), and Turkey ($360k).

The fastest growing import markets in Honey for Hungary between 2021 and 2022 were Ukraine ($741k), Romania ($411k), and Germany ($320k).

Latest Trends

Sep 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 Honey. 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)$87.3M
IMPORTS (2022)$8.11M
NET TRADE (2022)$79.2M

In 2022, Hungary exported $87.3M in Honey. The main destinations of Hungary exports on Honey were Italy ($32.4M), Germany ($16.4M), Japan ($9.96M), France ($8.95M), and Austria ($3.14M).

In 2022, Hungary imported $8.11M in Honey, mainly from Ukraine ($4.01M), Spain ($1.3M), Romania ($814k), Germany ($707k), and Turkey ($360k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
France$2.39M (36.5%)
Japan$1.89M (23.5%)
United Kingdom$1.01M (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Hungary WERE (2021 - 2022):
Italy-$8.86M (-21.4%)
Germany-$2.41M (-12.8%)
Denmark-$855k (-61.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.59M
TOP IMPORT POTENTIALUkraine+ $284k

Honey’s highest export potential is United States. With an export gap of $2.59M.   Honey’s highest import potential is Ukraine with an import gap of $284k.

See methodology.

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