2023
Exports
$55.3MWorld Rnk 38 / 211
Flag Rnk 269 / 1203
2023
PRODUCT COMPLEXITY IN Iron Pipe Fittings
1.13Rnk 134 / 1025
2023
Imports
$123MWorld Rnk 41 / 225
Flag Rnk 193 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $55.3M in Iron Pipe Fittings, making it the 38th largest exporter of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 269th most exported product in Hungary. The main destination of Iron Pipe Fittings exports from Hungary are: Germany ($13.2M), Romania ($7.63M), Sweden ($3.67M), Netherlands ($3.66M), and Slovakia ($2.53M).

The fastest growing export markets for Iron Pipe Fittings of Hungary between 2022 and 2023 were Netherlands ($1.62M), Germany ($1.42M), and Chinese Taipei ($1.06M).

Imports In 2023, Hungary imported $123M in Iron Pipe Fittings, becoming the 41st largest importer of Iron Pipe Fittings in the world. At the same year, Iron Pipe Fittings was the 193rd most imported product in Hungary. Hungary imports Iron Pipe Fittings primarily from: Germany ($32.9M), China ($14.9M), Italy ($14.6M), Poland ($12.1M), and France ($6.74M).

The fastest growing import markets in Iron Pipe Fittings for Hungary between 2022 and 2023 were China ($2.54M), France ($815k), and Italy ($661k).

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 Iron Pipe Fittings. 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)$55.3M
IMPORTS (2023)$123M
NET TRADE (2023)-$67.6M

In 2023, Hungary exported $55.3M in Iron Pipe Fittings. The main destinations of Hungary exports on Iron Pipe Fittings were Germany ($13.2M), Romania ($7.63M), Sweden ($3.67M), Netherlands ($3.66M), and Slovakia ($2.53M).

In 2023, Hungary imported $123M in Iron Pipe Fittings, mainly from Germany ($32.9M), China ($14.9M), Italy ($14.6M), Poland ($12.1M), and France ($6.74M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Pipe Fittings EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Netherlands$1.62M (79.2%)
Germany$1.42M (12%)
Chinese Taipei$1.06M (723%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipe Fittings BY Hungary WERE (2022 - 2023):
Denmark-$503k (-24.1%)
Austria-$360k (-14.3%)
Bulgaria-$325k (-36.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Iron Pipe Fittings were:
In 2023, Hungary's main importing competitors in Iron Pipe Fittings were:

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Trade Value of Iron Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.47M
TOP IMPORT POTENTIALChina+ $8.54M

Iron Pipe Fittings’s highest export potential is Germany. With an export gap of $4.47M.   Iron Pipe Fittings’s highest import potential is China with an import gap of $8.54M.

See methodology.

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