2023
Exports
$1.6MWorld Rnk 44 / 118
Flag Rnk 814 / 1203
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$8.28MWorld Rnk 38 / 169
Flag Rnk 713 / 1211
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $1.6M in Iron Powder, making it the 44th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 814th most exported product in Hungary. The main destination of Iron Powder exports from Hungary are: Slovakia ($1.14M), Romania ($191k), Sweden ($86.2k), Austria ($79.7k), and Serbia ($43.8k).

The fastest growing export markets for Iron Powder of Hungary between 2022 and 2023 were Slovakia ($1.11M), Sweden ($86.2k), and Austria ($51.7k).

Imports In 2023, Hungary imported $8.28M in Iron Powder, becoming the 38th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 713th most imported product in Hungary. Hungary imports Iron Powder primarily from: Germany ($3.85M), Slovenia ($2.12M), Sweden ($738k), Italy ($288k), and Japan ($242k).

The fastest growing import markets in Iron Powder for Hungary between 2022 and 2023 were Poland ($138k), Germany ($83.3k), and Slovakia ($56.8k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Powder. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.6M
IMPORTS (2023)$8.28M
NET TRADE (2023)-$6.67M

In 2023, Hungary exported $1.6M in Iron Powder. The main destinations of Hungary exports on Iron Powder were Slovakia ($1.14M), Romania ($191k), Sweden ($86.2k), Austria ($79.7k), and Serbia ($43.8k).

In 2023, Hungary imported $8.28M in Iron Powder, mainly from Germany ($3.85M), Slovenia ($2.12M), Sweden ($738k), Italy ($288k), and Japan ($242k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Slovakia$1.11M (3.3k%)
Sweden$86.2k (1%)
Austria$51.7k (185%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Hungary WERE (2022 - 2023):
Malaysia-$511k (-100%)
Bulgaria-$192k (-100%)
Croatia-$34.1k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Hungary's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Hungary's main importing competitors in Iron Powder were:

Explore Visualizations

Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $47.9k
TOP IMPORT POTENTIALSweden+ $445k

Iron Powder’s highest export potential is Austria. With an export gap of $47.9k.   Iron Powder’s highest import potential is Sweden with an import gap of $445k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with