2022
Exports
$910kWorld Rnk 51 / 105
Flag Rnk 907 / 1206
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$14.4MWorld Rnk 32 / 176
Flag Rnk 619 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $910k in Iron Powder, making it the 51st largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 907th most exported product in Hungary. The main destination of Iron Powder exports from Hungary are: Malaysia ($483k), Bulgaria ($180k), Serbia ($76.3k), Romania ($52.6k), and Slovakia ($32.5k).

The fastest growing export markets for Iron Powder of Hungary between 2021 and 2022 were Malaysia ($483k), Bulgaria ($180k), and Serbia ($62.7k).

Imports In 2022, Hungary imported $14.4M in Iron Powder, becoming the 32nd largest importer of Iron Powder in the world. At the same year, Iron Powder was the 619th most imported product in Hungary. Hungary imports Iron Powder primarily from: Germany ($6.09M), Slovenia ($3.06M), Sweden ($1.23M), Japan ($1.03M), and Italy ($885k).

The fastest growing import markets in Iron Powder for Hungary between 2021 and 2022 were Japan ($873k), Romania ($165k), and China ($68.4k).

Latest Trends

Nov 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 Powder. 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)$910k
IMPORTS (2022)$14.4M
NET TRADE (2022)-$13.5M

In 2022, Hungary exported $910k in Iron Powder. The main destinations of Hungary exports on Iron Powder were Malaysia ($483k), Bulgaria ($180k), Serbia ($76.3k), Romania ($52.6k), and Slovakia ($32.5k).

In 2022, Hungary imported $14.4M in Iron Powder, mainly from Germany ($6.09M), Slovenia ($3.06M), Sweden ($1.23M), Japan ($1.03M), and Italy ($885k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Malaysia$483k (1%)
Bulgaria$180k (1%)
Serbia$62.7k (465%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Hungary WERE (2021 - 2022):
Romania-$205k (-79.6%)
Brazil-$18.1k (-100%)
Vietnam-$10k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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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.

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