2022
Exports
$11MWorld Rnk 46 / 172
Flag Rnk 528 / 1206
2022
PRODUCT COMPLEXITY IN LCDs
1.58Rnk 39 / 1025
2022
Imports
$47MWorld Rnk 39 / 211
Flag Rnk 390 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $11M in LCDs, making it the 46th largest exporter of LCDs in the world. At the same year, LCDs was the 528th most exported product in Hungary. The main destination of LCDs exports from Hungary are: Germany ($4.55M), Croatia ($807k), United States ($661k), Switzerland ($551k), and Singapore ($485k).

The fastest growing export markets for LCDs of Hungary between 2021 and 2022 were Croatia ($797k), Germany ($496k), and Slovenia ($358k).

Imports In 2022, Hungary imported $47M in LCDs, becoming the 39th largest importer of LCDs in the world. At the same year, LCDs was the 390th most imported product in Hungary. Hungary imports LCDs primarily from: Germany ($11.1M), South Korea ($9.12M), United States ($8.26M), Bulgaria ($3.99M), and Austria ($2.8M).

The fastest growing import markets in LCDs for Hungary between 2021 and 2022 were Bulgaria ($3M), Germany ($1.86M), and Austria ($1.06M).

Latest Trends

Oct 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 LCDs. 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)$11M
IMPORTS (2022)$47M
NET TRADE (2022)-$36M

In 2022, Hungary exported $11M in LCDs. The main destinations of Hungary exports on LCDs were Germany ($4.55M), Croatia ($807k), United States ($661k), Switzerland ($551k), and Singapore ($485k).

In 2022, Hungary imported $47M in LCDs, mainly from Germany ($11.1M), South Korea ($9.12M), United States ($8.26M), Bulgaria ($3.99M), and Austria ($2.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Croatia$797k (7.26k%)
Germany$496k (12.2%)
Slovenia$358k (355%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY Hungary WERE (2021 - 2022):
Malaysia-$2.14M (-83.6%)
France-$1.67M (-94.6%)
Russia-$262k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.41M
TOP IMPORT POTENTIALGermany+ $3.15M

LCDs’s highest export potential is Germany. With an export gap of $1.41M.   LCDs’s highest import potential is Germany with an import gap of $3.15M.

See methodology.

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