2022
Exports
$18.7kWorld Rnk 53 / 85
Flag Rnk 1140 / 1206
2022
PRODUCT COMPLEXITY IN Hops
0.45Rnk 387 / 1025
2022
Imports
$2.26MWorld Rnk 41 / 160
Flag Rnk 937 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $18.7k in Hops, making it the 53rd largest exporter of Hops in the world. At the same year, Hops was the 1140th most exported product in Hungary. The main destination of Hops exports from Hungary are: Denmark ($17k), Romania ($967), and Netherlands ($739).

The fastest growing export markets for Hops of Hungary between 2021 and 2022 were Denmark ($2.88k) and Netherlands ($667).

Imports In 2022, Hungary imported $2.26M in Hops, becoming the 41st largest importer of Hops in the world. At the same year, Hops was the 937th most imported product in Hungary. Hungary imports Hops primarily from: Germany ($1.32M), Belgium ($316k), Slovenia ($244k), Czechia ($135k), and Estonia ($69k).

The fastest growing import markets in Hops for Hungary between 2021 and 2022 were Belgium ($87.7k), Czechia ($83.1k), and Estonia ($69k).

Latest Trends

Jul 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 Hops. 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)$18.7k
IMPORTS (2022)$2.26M
NET TRADE (2022)-$2.24M

In 2022, Hungary exported $18.7k in Hops. The main destinations of Hungary exports on Hops were Denmark ($17k), Romania ($967), and Netherlands ($739).

In 2022, Hungary imported $2.26M in Hops, mainly from Germany ($1.32M), Belgium ($316k), Slovenia ($244k), Czechia ($135k), and Estonia ($69k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Denmark$2.88k (20.3%)
Netherlands$667 (926%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Hungary WERE (2021 - 2022):
Slovakia-$91.3k (-100%)
Moldova-$5.5k (-100%)
Romania-$40 (-3.97%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $1.54k
TOP IMPORT POTENTIALUnited States+ $82.5k

Hops’s highest export potential is Romania. With an export gap of $1.54k.   Hops’s highest import potential is United States with an import gap of $82.5k.

See methodology.

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