2022
Exports
$3.14MWorld Rnk 36 / 136
Flag Rnk 739 / 1206
2022
PRODUCT COMPLEXITY IN Horses
0.24Rnk 475 / 1025
2022
Imports
$4.77MWorld Rnk 38 / 165
Flag Rnk 827 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $3.14M in Horses, making it the 36th largest exporter of Horses in the world. At the same year, Horses was the 739th most exported product in Hungary. The main destination of Horses exports from Hungary are: United States ($872k), Italy ($557k), United Kingdom ($522k), Poland ($302k), and Switzerland ($265k).

The fastest growing export markets for Horses of Hungary between 2021 and 2022 were United States ($627k), United Kingdom ($296k), and Poland ($175k).

Imports In 2022, Hungary imported $4.77M in Horses, becoming the 38th largest importer of Horses in the world. At the same year, Horses was the 827th most imported product in Hungary. Hungary imports Horses primarily from: Denmark ($1.66M), Germany ($1.54M), Netherlands ($435k), Lithuania ($367k), and France ($263k).

The fastest growing import markets in Horses for Hungary between 2021 and 2022 were Lithuania ($367k), Denmark ($132k), and France ($82.8k).

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 Horses. 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)$3.14M
IMPORTS (2022)$4.77M
NET TRADE (2022)-$1.63M

In 2022, Hungary exported $3.14M in Horses. The main destinations of Hungary exports on Horses were United States ($872k), Italy ($557k), United Kingdom ($522k), Poland ($302k), and Switzerland ($265k).

In 2022, Hungary imported $4.77M in Horses, mainly from Denmark ($1.66M), Germany ($1.54M), Netherlands ($435k), Lithuania ($367k), and France ($263k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Horses EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$627k (256%)
United Kingdom$296k (131%)
Poland$175k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Horses BY Hungary WERE (2021 - 2022):
Italy-$331k (-37.2%)
Netherlands-$271k (-99.7%)
Romania-$194k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Horses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $492k
TOP IMPORT POTENTIALFrance+ $205k

Horses’s highest export potential is United States. With an export gap of $492k.   Horses’s highest import potential is France with an import gap of $205k.

See methodology.

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