2022
Exports
$42.1MWorld Rnk 38 / 155
Flag Rnk 319 / 1206
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$123MWorld Rnk 17 / 219
Flag Rnk 208 / 1210
2022
ECONOMIC COMPLEXITY of Hungary
1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $42.1M in Margarine, making it the 38th largest exporter of Margarine in the world. At the same year, Margarine was the 319th most exported product in Hungary. The main destination of Margarine exports from Hungary are: Romania ($15.2M), Bulgaria ($5.21M), Croatia ($3.82M), Czechia ($2.86M), and Poland ($2.75M).

The fastest growing export markets for Margarine of Hungary between 2021 and 2022 were Poland ($2.39M), Croatia ($1.77M), and Romania ($1.6M).

Imports In 2022, Hungary imported $123M in Margarine, becoming the 17th largest importer of Margarine in the world. At the same year, Margarine was the 208th most imported product in Hungary. Hungary imports Margarine primarily from: Poland ($52.8M), Belgium ($18M), Germany ($14.5M), Austria ($8.66M), and Italy ($8.44M).

The fastest growing import markets in Margarine for Hungary between 2021 and 2022 were Poland ($11.3M), Belgium ($5.93M), and Germany ($4.24M).

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 Margarine. 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)$42.1M
IMPORTS (2022)$123M
NET TRADE (2022)-$81.4M

In 2022, Hungary exported $42.1M in Margarine. The main destinations of Hungary exports on Margarine were Romania ($15.2M), Bulgaria ($5.21M), Croatia ($3.82M), Czechia ($2.86M), and Poland ($2.75M).

In 2022, Hungary imported $123M in Margarine, mainly from Poland ($52.8M), Belgium ($18M), Germany ($14.5M), Austria ($8.66M), and Italy ($8.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
Poland$2.39M (651%)
Croatia$1.77M (85.9%)
Romania$1.6M (11.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Hungary WERE (2021 - 2022):
Germany-$1.39M (-61.3%)
Austria-$819k (-57.6%)
Slovakia-$210k (-12.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hungary's main exporting competitors in Margarine were:
In 2022, Hungary's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.74M
TOP IMPORT POTENTIALNetherlands+ $1.68M

Margarine’s highest export potential is Germany. With an export gap of $1.74M.   Margarine’s highest import potential is Netherlands with an import gap of $1.68M.

See methodology.

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