Sign In
Pricing

2022
Exports $64.8MWorld Rnk 26 / 206
Flag Rnk 257 / 1206
2022
Destination $3.11M Belgium
2021 - 2022
FASTEST GROWING MARKET $3.11MUnited States
2022
PRODUCT COMPLEXITY IN Motor-working Tools1.33Rnk 88 / 1025
2022
Imports $97.5MWorld Rnk 27 / 224
Flag Rnk 249 / 1210
2022
Origin $830k China
2021 - 2022
FASTEST GROWING ORIGIN $830kMalaysia
2022
ECONOMIC COMPLEXITY of Hungary1.38Rnk 14 / 133

About

Exports In 2022, Hungary exported $64.8M in Motor-working Tools, making it the 26th largest exporter of Motor-working Tools in the world. At the same year, Motor-working Tools was the 257th most exported product in Hungary. The main destination of Motor-working Tools exports from Hungary are: Belgium ($30.6M), United States ($7.27M), Germany ($4.04M), Mexico ($2.6M), and Austria ($2.32M).

The fastest growing export markets for Motor-working Tools of Hungary between 2021 and 2022 were United States ($3.11M), France ($853k), and Bulgaria ($827k).

Imports In 2022, Hungary imported $97.5M in Motor-working Tools, becoming the 27th largest importer of Motor-working Tools in the world. At the same year, Motor-working Tools was the 249th most imported product in Hungary. Hungary imports Motor-working Tools primarily from: China ($30.1M), Germany ($15.1M), Sweden ($14.5M), Czechia ($7.4M), and Malaysia ($4.03M).

The fastest growing import markets in Motor-working Tools for Hungary between 2021 and 2022 were Malaysia ($830k), Chinese Taipei ($659k), and Belgium ($569k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Motor-working Tools. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$64.8M
IMPORTS (2022)$97.5M
NET TRADE (2022)-$32.7M

In 2022, Hungary exported $64.8M in Motor-working Tools. The main destinations of Hungary exports on Motor-working Tools were Belgium ($30.6M), United States ($7.27M), Germany ($4.04M), Mexico ($2.6M), and Austria ($2.32M).

In 2022, Hungary imported $97.5M in Motor-working Tools, mainly from China ($30.1M), Germany ($15.1M), Sweden ($14.5M), Czechia ($7.4M), and Malaysia ($4.03M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor-working Tools EXPORT MARKETS FOR Hungary WERE (2021 - 2022):
United States$3.11M (74.5%)
France$853k (133%)
Bulgaria$827k (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor-working Tools BY Hungary WERE (2021 - 2022):
Poland-$5.44M (-96.2%)
Belgium-$3.63M (-10.6%)
China-$2.49M (-88.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Hungary's main exporting competitors in Motor-working Tools were:
China $3.37B
Germany $1.3B
Chinese Taipei $897M
In 2022, Hungary's main importing competitors in Motor-working Tools were:
United States $1.76B
Germany $581M
France $454M

Explore Visualizations

Trade Value of Motor-working Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.3M
TOP IMPORT POTENTIALChina+ $24.4M

Motor-working Tools’s highest export potential is United States. With an export gap of $18.3M.   Motor-working Tools’s highest import potential is China with an import gap of $24.4M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms