2023
Exports
$531kWorld Rnk 41 / 134
Flag Rnk 944 / 1203
falsefalse Argentina
2023
PRODUCT COMPLEXITY IN Laboratory Reagents
1.2Rnk 104 / 1025
2023
Imports
$577kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2023
ECONOMIC COMPLEXITY of Hungary
1.41Rnk 14 / 132

About

Exports In 2023, Hungary exported $531k in Laboratory Reagents, making it the 41st largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 944th most exported product in Hungary. The main destination of Laboratory Reagents exports from Hungary are: Argentina ($271k), Philippines ($117k), Lebanon ($57.7k), Georgia ($41.9k), and Guyana ($16k).

The fastest growing export markets for Laboratory Reagents of Hungary between 2022 and 2023 were Suriname ($10.6k), Lebanon ($4.43k), and Dominica ($1.26k).

Imports In 2022, Hungary imported $577k in Laboratory Reagents, becoming the 0th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 0th most imported product in Hungary. Hungary imports Laboratory Reagents primarily from: N/A.

Latest Trends

Jan 2025

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 Laboratory Reagents. 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)$531k
IMPORTS (2022)$577k
NET TRADE (2023)$531k

In 2023, Hungary exported $531k in Laboratory Reagents. The main destinations of Hungary exports on Laboratory Reagents were Argentina ($271k), Philippines ($117k), Lebanon ($57.7k), Georgia ($41.9k), and Guyana ($16k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Hungary WERE (2022 - 2023):
Suriname$10.6k (226%)
Lebanon$4.43k (8.32%)
Dominica$1.26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Hungary WERE (2022 - 2023):
Ukraine-$840k (-100%)
Ecuador-$454k (-100%)
Philippines-$441k (-79.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hungary's main exporting competitors in Laboratory Reagents were:
In 2023, Hungary's main importing competitors in Laboratory Reagents were:

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.4M
TOP IMPORT POTENTIALChina+ $11.1M

Laboratory Reagents’s highest export potential is United States. With an export gap of $14.4M.   Laboratory Reagents’s highest import potential is China with an import gap of $11.1M.

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