2022
Exports
$9.11MWorld Rnk 38 / 209
Flag Rnk 564 / 1206
2022
PRODUCT COMPLEXITY IN Imitation Jewellery
0.28Rnk 462 / 1025
2022
Imports
$17MWorld Rnk 57 / 220
Flag Rnk 588 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $9.11M in Imitation Jewellery, making it the 38th largest exporter of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 564th most exported product in Hungary. The main destination of Imitation Jewellery exports from Hungary are: Hong Kong ($3.12M), United States ($1.8M), Romania ($846k), Slovakia ($676k), and Serbia ($348k).

The fastest growing export markets for Imitation Jewellery of Hungary between 2021 and 2022 were United States ($1.75M), Hong Kong ($1.52M), and Italy ($191k).

Imports In 2022, Hungary imported $17M in Imitation Jewellery, becoming the 57th largest importer of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 588th most imported product in Hungary. Hungary imports Imitation Jewellery primarily from: China ($4.56M), Germany ($2.75M), Austria ($1.97M), Poland ($1.31M), and Hong Kong ($1.28M).

The fastest growing import markets in Imitation Jewellery for Hungary between 2021 and 2022 were China ($1.11M), Greece ($465k), and France ($306k).

Latest Trends

Oct 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 (2022)$9.11M
IMPORTS (2022)$17M
NET TRADE (2022)-$7.91M

In 2022, Hungary exported $9.11M in Imitation Jewellery. The main destinations of Hungary exports on Imitation Jewellery were Hong Kong ($3.12M), United States ($1.8M), Romania ($846k), Slovakia ($676k), and Serbia ($348k).

In 2022, Hungary imported $17M in Imitation Jewellery, mainly from China ($4.56M), Germany ($2.75M), Austria ($1.97M), Poland ($1.31M), and Hong Kong ($1.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Imitation Jewellery EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$1.75M (3.78k%)
Hong Kong$1.52M (95.7%)
Italy$191k (255%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Imitation Jewellery BY Hungary WERE (2021 - 2022):
Portugal-$1.13M (-99.6%)
Germany-$174k (-50.3%)
Slovenia-$102k (-54.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Imitation Jewellery were:
China $4.1B
Italy $557M
In 2022, 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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