2022
Exports
$116kWorld Rnk 20 / 85
Flag Rnk 3290 / 4462
falsefalse Greece
2022
Imports
$13.5kWorld Rnk 74 / 143
Flag Rnk 4308 / 4520
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $116k in Jute and other bast fibres, not spun, nes, tow, waste, making it the 20th largest exporter of Jute and other bast fibres, not spun, nes, tow, waste in the world. At the same year, Jute and other bast fibres, not spun, nes, tow, waste was the 3290th most exported product in Hungary. The main destination of Jute and other bast fibres, not spun, nes, tow, waste exports from Hungary are: Greece ($96.2k), Czechia ($10.4k), Austria ($4.67k), United States ($2.37k), and Romania ($1.43k).

The fastest growing export markets for Jute and other bast fibres, not spun, nes, tow, waste of Hungary between 2021 and 2022 were Greece ($96.2k), Czechia ($3.12k), and Romania ($981).

Imports In 2022, Hungary imported $13.5k in Jute and other bast fibres, not spun, nes, tow, waste, becoming the 74th largest importer of Jute and other bast fibres, not spun, nes, tow, waste in the world. At the same year, Jute and other bast fibres, not spun, nes, tow, waste was the 4308th most imported product in Hungary. Hungary imports Jute and other bast fibres, not spun, nes, tow, waste primarily from: Italy ($11.2k), Poland ($822), Netherlands ($690), United States ($424), and China ($202).

COMPANIES In 2023, leading companies such as Robert Bosch (1.07k), Hankook Tires (188), and ZF Friedrichshafen (47) were at the forefront of shipping Jute and other bast fibres, not spun, nes, tow, waste from Hungary to the United States.

Latest Trends

Jul 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 Jute and other bast fibres, not spun, nes, tow, waste. 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)$116k
IMPORTS (2022)$13.5k
NET TRADE (2022)$103k

In 2022, Hungary exported $116k in Jute and other bast fibres, not spun, nes, tow, waste. The main destinations of Hungary exports on Jute and other bast fibres, not spun, nes, tow, waste were Greece ($96.2k), Czechia ($10.4k), Austria ($4.67k), United States ($2.37k), and Romania ($1.43k).

In 2022, Hungary imported $13.5k in Jute and other bast fibres, not spun, nes, tow, waste, mainly from Italy ($11.2k), Poland ($822), Netherlands ($690), United States ($424), and China ($202).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute and other bast fibres, not spun, nes, tow, waste EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Greece$96.2k (1%)
Czechia$3.12k (42.7%)
Romania$981 (220%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute and other bast fibres, not spun, nes, tow, waste BY Hungary WERE (2021 - 2022):
Canada-$12.8k (-100%)
United States-$1.66k (-41.2%)
Austria-$228 (-4.65%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Jute and other bast fibres, not spun, nes, tow, waste were:
In 2022, Hungary's main importing competitors in Jute and other bast fibres, not spun, nes, tow, waste were:
China $3.93M
Nigeria $3.21M

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Trade Value of Jute and other bast fibres, not spun, nes, tow, waste by Exporters

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