2023
Exports
$8.15MWorld Rnk 36 / 212
Flag Rnk 568 / 1203
2023
PRODUCT COMPLEXITY IN Imitation Jewellery
0.094Rnk 523 / 1025
2023
Imports
$17.8MWorld Rnk 53 / 221
Flag Rnk 561 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $8.15M in Imitation Jewellery, making it the 36th largest exporter of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 568th most exported product in Hungary. The main destination of Imitation Jewellery exports from Hungary are: Hong Kong ($3.53M), Romania ($911k), Croatia ($478k), United States ($429k), and Austria ($382k).

The fastest growing export markets for Imitation Jewellery of Hungary between 2022 and 2023 were Hong Kong ($417k), Austria ($287k), and Croatia ($189k).

Imports In 2023, Hungary imported $17.8M in Imitation Jewellery, becoming the 53rd largest importer of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 561st most imported product in Hungary. Hungary imports Imitation Jewellery primarily from: China ($5.97M), Germany ($3.12M), Poland ($1.35M), Belgium ($965k), and Hong Kong ($859k).

The fastest growing import markets in Imitation Jewellery for Hungary between 2022 and 2023 were Belgium ($953k), Slovenia ($423k), and Netherlands ($377k).

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 Imitation Jewellery. 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)$8.15M
IMPORTS (2023)$17.8M
NET TRADE (2023)-$9.69M

In 2023, Hungary exported $8.15M in Imitation Jewellery. The main destinations of Hungary exports on Imitation Jewellery were Hong Kong ($3.53M), Romania ($911k), Croatia ($478k), United States ($429k), and Austria ($382k).

In 2023, Hungary imported $17.8M in Imitation Jewellery, mainly from China ($5.97M), Germany ($3.12M), Poland ($1.35M), Belgium ($965k), and Hong Kong ($859k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Imitation Jewellery EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Hong Kong$417k (13.4%)
Austria$287k (301%)
Croatia$189k (65.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Imitation Jewellery BY Hungary WERE (2022 - 2023):
United States-$1.37M (-76.1%)
Slovakia-$350k (-49.7%)
Germany-$144k (-64%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Imitation Jewellery were:
China $4.39B
Italy $719M
In 2023, Hungary's main importing competitors in Imitation Jewellery were:

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Trade Value of Imitation Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.2M
TOP IMPORT POTENTIALChina+ $2.53M

Imitation Jewellery’s highest export potential is United States. With an export gap of $1.2M.   Imitation Jewellery’s highest import potential is China with an import gap of $2.53M.

See methodology.

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